China’s ride-hailing market might be in for another stir. Former chairman of Baidu’s food delivery platform Baidu Waimai, Gong Zhenbing, is moving on to become the CEO of ride-hailing platform Yidao Yongche, The Paper is reporting (in Chinese). Yidao went through a rough period in April and May last year after a cash squeeze that […]
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JD rolls out driverless trucks to add to its logistics service
JD on Thursday announced that it is cooperating with SAIC MAXUS and Dongfeng Motor Corporation to roll out driverless trucks, local media are reporting. JD said that the government’s transportation unit is running road tests for the trucks. JD and SAIC MAXUS jointly launched the EV80 autonomous light-duty truck equipped with cameras, radar, sensors, maps, […]
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Changchun law enforcement use drones for city management
Government officials from Chaoyang District in Jilin’s Changchun city established its Drone Law Enforcement Unit (无人机执法中队) in May, with the new division actively taking on city management duties. Drones with cameras are connected via a smart remote operation system equipped with an iPad-like screen. Trained law enforcement officers control the drones to patrol, monitor, and […]
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JD founder Richard Liu invests RMB 400 million into AI
Artificial intelligence is the new hot trend in China and JD.com seems to be on its way to join BAT in the AI game. JD believes that AI technology will determine its success or failure in future retail competition, according to a report from Caijing (in Chinese). The new direction is illustrated by the latest […]
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Alibaba spends $2.88bln to partner with Auchan in new retail collaboration
After breaking another record with RMB 168.2 billion (more than $25.3 billion) in GMV achieved in 24 hours on Singles’ day, Alibaba is touting its foray into its new retail strategy as it announced today a strategic alliance with Auchan Retail S.A. and Ruentex Group that brings together their online and offline expertise to explore […]
