Dalian-based Startup Accelerator, Chinaccelerator Launches Six Startups in Beijing

Chinaccelerator (our coverage), a Dalian based startup accelerator unveiled six startups running through its program early this week. These startups are about four months old and have two or three founders come from Shanghai, Dalian, Qingdao, Dublin and Tehran. Aylien - is a tool that makes any web content easier to understand, by semantically adding related information and short descriptions…

Calling The Angel, MOBINODE Partners With ChinAccelerator

We've been into the web market for a long while. When I started this blog, the aim is very straightforward: writing about Chinese startups and help them grow. We've talked to many Chinese startups and young entrepreneurs, written about their stories and tried to understand their needs. Personally, I've set up my own startup (which kept me very busy and is the reason that I blogged less and less…

Alibaba doubles down on enterprise transformation with A100 program

Daniel Zhang, CEO of Alibaba Group. (Image credit: Alibaba) Alibaba recently launched an initiative that it says will help companies of all sizes, across a wide array of industries, embrace digital transformation. The program, dubbed A100, marks another step by Hangzhou-based Alibaba Group to expand its footprint beyond new retail, and represents the latest shift to enterprise-facing tech,…

Briefing: Xiaomi puts younger executives in leadership positions

In Wake of Alibaba Succession News, Xiaomi Puts Younger Executives in Leadership Spots- Caixin Global What happened: Chinese smartphone maker Xiaomi announced plans to put younger executives in leadership positions. In a dozen new appointments made by the company, a group of post-80 executives with an average age of 38.5 years old were named as head of various departments of the company to…

Explainer: China’s tech ecosystems and the barriers between them

Image credit: Pexels Deng Shuang, a 34-year-old mother of one, wants to share baby shoes she found on Taobao to a mom friend via WeChat. Instead of sharing it directly from Taobao to Wechat, Deng has to go through a very clumsy process: she has to copy an auto-generated Taobao link for the item and then paste it in WeChat before she can send it. A small sharing barrier between two of China’s…

That’s a wrap! Highlights from TechCrunch Hangzhou 2018

Last week, TechCrunch International Innovation Summit brought the heat to Hangzhou. Tech leaders and industry elites gathered there to talk about future trends, and international tech giants made an appearance, delivering a unique experience for all tech fans. The two-day summit attracted more than 150 exhibitors and more than 8,000 attendees. NetEase, Tencent, Sina, Sohu, and Phoenix, together…

“Many Chinese VCs will die”: Incubation and acceleration at TechCrunch Hanzhou

The vibrant Chinese tech and startup ecosystem is attracting huge attention from investors and institutions hoping to grab a place in the heated innovation competition. According to Crunchbase's latest analysis, in the second quarter of 2018, Chinese startups raised 47% of all reported VC dollar volume whereas North American companies raised 35% of the whole pie. James Chou, CEO at Microsoft for…

A curated guide to Beijing’s startup scene, part 1

This is the first of two parts on local resources for eager entrepreneurs in Beijing. Budding entrepreneur in Beijing? Sourcing startups but not sure where to start? Just trying to get a sense of the innovation landscape in one of the most important tech hubs in China? Having answered these questions myself here on the ground in the last few months, I’ve written down what I’ve learned where it…

Shanghai-based healthcare startup The CareVoice completes $2 million investment round

The CareVoice (康语), focused on improving healthcare and the insurance experience for people in China, announced today it has raised over $2 million in early growth capital. The investment will be used to fuel its insurance business lines, accelerate technology development, consolidate its leadership in China’s major cities and expand to Southeast Asia. The company would not disclose their total…

WeChat Pay’s global expansion “going well”: Q&A with Grace Yin, Director of WeChat Pay Cross-border Operation

While Tencent's WeChat has over 980 million monthly active users—mostly Chinese-speaking—around the world, the Chinese messaging app is still stranger to many other countries outside the Middle Kingdom. Tencent once surpassed Facebook in valuation. According to Chinaccelerator's managing director William Bao Bean, Tencent's WeChat achieves better monetization than Facebook. Released in August…