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Beijing orders halt to electric bicycle-sharing service E-zebra

Beijing authorities recently ordered a halt to electric bicycle-sharing service E-zebra (in Chinese), citing safety and legitimacy concerns. In addition, users of the service were first notified yesterday (March 7, 2017) and then again today about an interruption in service due to maintenance.  Customer service representatives have not able to confirm when the service will be back […]

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Enjoy being slow: Why Chinese tech companies are embracing a slower culture

In a movie with Chinese kungfu star Jet Li, Alibaba Group co-founder and executive chairman Jack Ma defeats eight celebrity martial artists in just 20 minutes. Not only does the mini-film try to portray Jack Ma’s unbeatable position in China’s tech industry, it also references the most commonly cited similarity between the tech industry and China’s ancient […]

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Investing in China, Korea, and Southeast Asia: Q&A with CyberAgent Ventures Managing Director Nobuaki Kitagawa

Overseas expansion is not only important for startups, but also for VCs. CyberAgent Ventures is a venture capital firm that does early-stage investments focusing on consumer internet startups in China, South Korea, and Southeast Asia, among which six companies successfully completed IPO. Japan-based CyberAgent Ventures had zero investment outside Japan when Nobuaki Kitagawa joined in 2006, and now with […]

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Tencent launches trends search feature on WeChat

Tencent rolled out Thursday a new feature called “WeChat Index”, a Google Trends equivalent, on its popular messaging app Wechat, local media is reporting (in Chinese). The Chinese internet giant says the new feature is a mobile indexing based on WeChat’s large data analysis. Currently, the index allows users to track the dynamic change of keywords […]

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Tencent bets on online flea market with $200m investment in Zhuan Zhuan

The decades-long rivalry between Tencent and Alibaba spans almost every hot tech vertical in China. It’s no exaggeration to say that where there’s Tencent, there’s Alibaba and vice versa. The competition between the two Chinese internet giants is now entering another field – second-hand goods trading market. According to the official announcement, Tencent has injected […]

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Chinese electric carmakers might not be ready, but the money is

In recent years, a raft of Chinese entrepreneurs have been going around pitching and fundraising for their electric vehicle startups, but consumers haven’t seen much of those promises materialize until recently. On October 12, XPeng Motors unveiled its first pre-production run of 15 electric cars in China’s east-central city of Zhengzhou, where XPeng’s OEM partner—local automaker Haima Automobile’s subsidiary—is located. This batch, […]

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Why WeChat is going to win the instant app battle in China

To great anticipation, WeChat rolled out Mini Programs—embedded instant apps—in January this year. As a major feature release, the buzz surrounding the Mini Programs piled up months before its actual launch. Discussions among industry insiders went from the actual form of Mini Programs to its potential to disrupt the traditional app store paradigm. In contrast to […]