A “unicorn” refers to those companies less than 10 years old and valued at $1 billion or more. There were 34 Chinese new unicorn companies in 2017 that match these conditions, according to a new report released by Chinese startup database IT Juzi (IT桔子). In the first half of 2017, rental economy startups gained prominence […]
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Taipei-based citiesocial is addressing new trends in Asian e-commerce, backed by Alibaba
Shopping is one of the most popular online activities worldwide. This is even truer in Asia—a region where digital development is taking off in developing e-commerce markets such as Thailand and India, and online retail continues growing strongly in mature markets like Japan, Hong Kong, and China. Asia’s e-commerce industry is thriving and the outlook seems […]
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How Tencent’s medical ecosystem is shaping the future of China’s healthcare
Here’s what used to happen when you get sick in China: You go to a public hospital to make an appointment, known as guahao (挂号). If the hospital is busy, which it usually is, you could be waiting in line for half a day. After guahao, you need to pay the consultation fee in another […]
