Uber’s Asian Competitors Consolidate Under SoftBank

Image Credit: Shutterstock As Uber comes under fire both at home and abroad, Alibaba’s largest investor SoftBank has spent US$250 million in the taxi-app GrabTaxi, adding the South-East Asian front runner to a portfolio which already includes both China and India’s strongest taxi-app competitors. The deal makes SoftBank the biggest investor in GrabTaxi, which now spans six countries in…

[TechCrunch Beijing] Trends Group VP Jeff Chang: It’s Time for Chinese Entrepreneurial Environment to Change

TechNode’s founder Gang Lu took stage at TechCrunch Beijing in a fireside chat today with an old friend of ours Jeff Chang, VP at Trends Group. Fashion addresses the problem of user’s desires for a better life, while most current Chinese products are solving basic pain points of clients, according to Jeff. He illustrated his opinion with an example like this. Both Uber and apps like Didi Dache…

Uber for China Now Supports AliPay Payment

After landing in Shanghai for a trial period started last August, the U.S. car rental service Uber is officially launched in Shanghai today. To localize their service for Chinese market, Uber released a new Chinese name “优步” (a great step forward in Chinese). More importantly, it adds AliPay as a form of payment and just as ondemnadly provides various discount coupon codes in the US, the same…

Can’t-miss Talks from TechCrunch Shanghai Conference

  TechCrunch Shanghai is the first show since TechNode announced partnership with TechCrunch and launched TechCrunch China. The show gathered 3000 attendees in Shanghai on Nov. 19 - 20. Eighty speakers and panelists shared with us their insights on building tech businesses in China, the China tech market in general, among other topics. Ned Desmond, COO of TechCrunch and General Manager of…

Join Us At China Pavilion of TechCrunch Disrupt SF 2013

TechCrunch's flagship event Disrupt will be held in San Francisco again on 7th - 11st Sept. As the official partner in China, TechNode is setting up a China Pavilion at the Startup Alley to maximise the exposure for China-related startups (the startups are founded by Chinese, or based in Greater China or mainly targeted at Chinese users). All startups in China Pavilion will be interviewed on…

Tonchidot in TechCrunch50: A presentation worth learning from

TechCrunch50 was successfully held. We know who the winners are. But today let's talk about one of them that didn't win. Tonchidot generated alot of fanfare in TechCrunch even though they didn't end up on the podium. Well, to start with, the idea is awesome. Geotagging and using the broad viewport of iPhone as the tool to geotag and view geotagged objects. However, the thing that caught my…

INSIGHTS | Will co-working survive WeWork?

(Image credit: TechNode/Jiayi Shi) This article was co-authored by Emma Lee. When WeWork started in 2010, it was one of the first players in co-working spaces. It helped to define the industry, becoming nearly synonymous with it.  The co-working office model exploded not only in the west, but soon took over China as well. Office spaces popped up everywhere in China's first-tier cities.…

Didi is installing in-car advertising displays in its quest for profit

The exterior of one of Didi's buildings in Beijing on Oct. 30, 2019. (Image credit: TechNode/Coco Gao) Didi Chuxing is working with ride-hailing fleets in Shanghai to display ads on tablets attached to the back of passenger headrests as it explores ways to accelerate revenue growth. Why it matters: The in-car screens are an attempt to expand the company's existing revenue streams for more…

INSIGHTS | Shenzhen: Built on factories but not a factory town

Tencent’s ultra-modern headquarters, seen Nov 12, 2019, looms over Shenzhen’s Nanshan District. (Image credit: TechNode/Jiayi Shi) We get asked a lot what the difference is between China’s major tech hubs of Beijing and Shenzhen. Is Beijing or Shenzhen China’s Silicon Valley? Is Shenzhen really only about hardware?  Last week, the team was in Shenzhen for the recent TechCrunch conference.…

It’s not just Silicon Valley any more

Panel on open innovation in Japan at TechCrunch Shenzhen. (Image credit: TechCrunch) Whenever I go on stage to introduce myself, I always say: tech blogger is the best title I’ve had, ever. As a blogger, I always want to write; as a frequent traveler who gets to see innovation all over the world, I always want to share. But unfortunately, as founder of a company, I have to spend more time on…