China’s ambition is to be a pioneer in the development and deployment of 5G technologies.
Posted inThe Numbers
Coworking space MyDreamPlus raises $120 million
Several days after WeWork announced its $1 billion financing another rival is gearing up to win China’s coworking space market.
Posted inUp and Comers
Chinese loan platform Weidai files for a $100 million US IPO
Weidai is an early-stage personal credit system based in China.
Posted inThe Numbers
Top 10 Android app stores in China in Q2 2018
Many of the app stores hold the same or similar presence over the last 90 days.
Posted inOn the Cusp
Shenzhen becomes pilot city for blockchain-powered WeChat invoices
WeChat and blockchain are the ingredients that will make tax invoices or “fapiao” less available on the black market.
Posted inTurf Wars
Jinri Toutiao rival said to file for US IPO in September
Qutoutiao didn’t confirm the claim, saying that they “have been open to all kinds of financing channels, including a listing of course, but the time can not be confirmed.”
Posted inWith Chinese Characteristics
Behind the fakes: Pinduoduo is leading the way for low-income consumption
The debates on Pinduoduo’s business operation and products are casting a critical light on China’s retail business development as well as legal principles.
Posted inHeavy Hitters
NetEase’s stock tumble after second quarter earnings
NetEase seems to be recovering from the unsatisfying earnings last quarter.
Posted inOn the Cusp
China’s first seed bank for space cultivation lands in Shaanxi province
The center is reported to be a resource base for space breeding and seed selection.
Posted inThe Numbers
Chinese mobile game-makers made more than $600 million in the US market in the first half of 2018
Chinese game apps are spreading abroad like wildfire but it’s not just domestic saturation pushing them out.