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Posted inNews

China Transportation Wars 2.0: Bike Sharing

The dust kicked up by ride sharing has settled, but the air is again charged with electricity. This time, it’s bike sharing, and companies are losing no time stocking up on ammo. The latest news is that Ofo, a dockless bike sharing company which started on campus, has completed a C round totaling 130 million […]

Posted inNews

TechNode’s Top Sharing Economy Stories of 2016

The sharing economy is exploding in China. Worth about 299 billion USD in 2015, the market is expected to surge by 40 percent over the next five years, China’s National Information Center reported earlier this year. While the sharing economy is relatively a broad term referring to businesses that are based on peer-to-peer sharing of […]

Posted inNews

8 questions about Chinese tech we will see answered in 2017

In the tech industry, new innovations are constantly supplanting old ideas and seemingly stable companies can find themselves facing unexpected challenges. However, the trends we saw started in 2016 posed questions that have yet to be answered. Here are eight of them we think will be answered in 2017. 1. Can Alipay effectively deter the aggressive rise […]

Posted inNews

And the ChinaBang 2017 Awards go to …

It’s that time of the year again: the festive weekend for Chinese techies, startup entrepreneurs and investors alike. ChinaBang Awards, an annual ceremony recognizing the best startups in China, is on the go. To continue last year’s initiative in finding out the amazing startups nationwide- not just 1st tier cities, this year’s ChinaBang Award ceremony […]

Posted inNews

Gofun offers electric car rental for RMB 1 per hour

Editor’s note: A version of this post by Charles Liu first appeared on the Beijinger, a leading source of English-language lifestyle information on the city of Beijing. Beijing’s sharing economy has taken a huge step forward with the recent announcement that some 5,000 electric cars will be available to rent on a time-sharing basis in the city within two years. […]

Posted inNews

Ofo Wants to Connect Bikes, Not Make Them

A lot of people are curious about how Ofo and Mobike, China’s dominant bike-sharing platforms, are different. From a user perspective, they may not be so different, but from our previous post, we can see that Mobike is about creating a moving IoT platform. Ofo, on the other hand, emphasises user connection and the sharing economy. To […]

Posted inNews

Why more trains may lead to more unicorns in China

Editor’s note: This was contributed by Hans Tung in collaboration with Zara Zhang. Hans Tung is a Managing Partner at GGV Capital. A five-time Forbes Midas Lister, he has been a US/China investor for more than a decade. Zara Zhang is an analyst at GGV Capital. She has written for The Information, The Harvard Crimson, Harvard Magazine, among other publications. When I […]

Posted inNews

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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