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Latest news and trends about tech in China

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Posted inHeavy Hitters

Briefing: The battle for cloud computing is a marathon says Kingsoft Cloud CEO

by Chris Udemans Nov 14, 2018Jun 7, 2020

The cloud computing sector is likely to see increased competition in the coming months.

Posted inWith Chinese Characteristics

Ping An to fold P2P lender Lufax into new consumer finance arm: report

by Nicole Jao Nov 29, 2019Mar 17, 2020

Regulators are requiring P2P firms to clear outstanding loans within a year.

Posted inPosts

Briefing: News app unicorn Yidian Zixun’s Shanghai IPO may be underway

by Bailey Hu Feb 27, 2019Jun 8, 2020

A major stakeholder is selling off most of its shares in Yidian’s parent company, reportedly to prepare for an IPO on Shanghai’s new tech bourse.

Posted inHeavy Hitters

Bytedance’s Jinri Toutiao removes medical insurance product from app

by Jill Shen Jan 8, 2019Jun 8, 2020

Hejiabao was positioned to provide financial protection in the event of life-threatening conditions.

Posted inHeavy Hitters

Alibaba accuses Meituan CEO of libel for questioning founder’s integrity

by Jill Shen Mar 29, 2019Mar 17, 2020

Meituan has battled with Alibaba in its core food delivery business for years, following their short-lived friendship.

Posted inOn the Cusp

NetEase rumored to re-structure gaming departments

by Runhua Zhao Nov 2, 2018Jun 8, 2020

NetEase could be restructuring to curtail further losses during the current gaming freeze.

Posted inHeavy Hitters

Alibaba’s stock hits 52-week low amid trade war

by Bailey Hu Oct 10, 2018Jun 7, 2020

Alibaba’s stock has dropped 30% from a record high just a few months ago.

Posted inViews

Xi should capitulate—not because US is right, but because China is vulnerable

by China Money Network May 20, 2019Jun 8, 2020

Nina Xiang argues that China has bitten off more than it can chew in trade confrontation with the US.

Posted inTurf Wars

Huawei promotes cloud with new products as carrier segment stumbles

by Wei Sheng and Nicole Jao May 15, 2019Jun 8, 2020

The new database product release comes as the company’s carrier business faces global scrutiny over the security of its 5G equipment.

Posted inTurf Wars

Luckin says Alibaba deal doesn’t make Starbucks new retail

by Masha Borak Aug 3, 2018Aug 3, 2018

Guo Jinyi, co-founder and senior vice president at Luckin, responded to the Alibaba-Starbucks deal by saying that traditional retail, even with the increased takeaway and mobile payments, is not necessarily new retail since the fundamental business model had not changed.

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