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Didi Bike operation was suspended for one day in Shenzhen

Chinese taxi hailing company Didi’s bike rental service, Didi Bike (青桔单车, meaning green tangerine bike in Chinese), was suspended for one day for not obeying the local law, Chinese media Shenzhen News is reporting.  Bike rental companies hugely spread out last year, filling the Chinese streets with rental bikes. In order to manage rental bicycles, […]

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Top 3 Chinese tech fails of 2017

The year 2017 was great for many tech firms in China. Tencent briefly outdid Facebook in market valuation reaching a $500 billion valuation mark. Toutiao shot up from obscurity on the international scene with its parent Bytedance buying Musical.ly. Alibaba spread its wings further into Asia, Didi started its global expansion, Huawei overtook Apple as […]

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Enjoy being slow: Why Chinese tech companies are embracing a slower culture

In a movie with Chinese kungfu star Jet Li, Alibaba Group co-founder and executive chairman Jack Ma defeats eight celebrity martial artists in just 20 minutes. Not only does the mini-film try to portray Jack Ma’s unbeatable position in China’s tech industry, it also references the most commonly cited similarity between the tech industry and China’s ancient […]