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Posted inNews

Top 10 Chinese unmanned stores in 2017

The announcement of Amazon Go, the cashierless store concept, in late 2016, coincided with a flurry of Chinese tech companies creating their own versions of unmanned stores. For them, 2017 was a fruitful year for developing their solutions tailored to Chinese consumers, as well as in educating the market. What’s more important behind the quick […]

Posted inNews

Ctrip, Qunar End China’s Biggest Online Travel Rivalry With Multi-Billion Dollar Partnership

The spate of consolidations between Chinese tech companies continues as yet another industry rivalry is settled in a multi-billion dollar partnership. Ctrip.com International Ltd. and Baidu-backed Qunar Cayman Islands Ltd. have announced a matchup today that will have a valued worth of approximately $15.6 billion USD. Unlike other recent match-ups in the market, Qunar and Ctrip’s partnership involves a share […]

Posted inNews

Three Big Opportunities For China Entrepreneurs According To Premier Li Keqiang

The National People’s Congress (NPC), China’s unicameral parliament, convened last Saturday to kick off its annual meeting which runs until March 16th. It’s a lot of pomp and circumstance, with the NPC widely dismissed as a “rubber stamp” parliamentary for the Chinese Communist Party. Nevertheless, the meetings offer valuable insight into the Chinese government’s priorities and ambitions for the […]

Posted inNews

Push Notification Service Getui Enters Mobile Marketing With $108M Fresh Funding

Getui, a third-party push notification service provider, announced on Thursday a 700 million RMB (108 million USD) C round led by Haitong Securities and China Minsheng Bank, followed by all existing Series B investors including SAIF Partners and U.S. venture firm WI Harper. Launched in 2010, Getui offers push notification services, helping app developers to engage their customers […]

Posted inNews

eLong Announces Privatization Bid From Tencent

 ELong, one of China’s largest online travel services, today announced that its board of directors have received a privatization offer from existing shareholder Tencent, which hopes to acquire all remaining shares in the company.  Tencent offered shareholders $18 per American Depositary Receipt (ADR), a 27 percent premium to Monday’s closing price in New York, according to […]

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