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Tactics to make sure you get your hongbao this Chinese New Year

Editor’s note: This article originally appeared on our sister site, TechNode Chinese. If you’re working in a Chinese company, then you’d better be prepared for Chinese New Year’s Eve, the best time of the year to grab red envelopes on your WeChat group. Chinese people give red envelope (hongbao, 红包) with money to their younger children and co-workers as […]

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Here Are The Top Grossing Crowdfunded Animation Films In China

There’s no lack of crowdfunding platforms in China, but they are distinctively different the U.S. platforms that made the funding model popular. One of the most recognized disparities between the two is that Chinese backers prefer reward-based campaigns, because they promise a tangible product as a return on their investment. Often crowdfunding in China is just a way for enthusiasts to […]

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Momo Stock Surges 20% As Alibaba Vice Chairman Joins Board

Momo Inc., one of China’s most popular social networks, saw its stock leap almost 20 percent following an announcement that Alibaba Holdings Group Ltd. vice chairman Joseph Tsai has joined the company’s board. Momo received a privatization bid in June 2015, just six months after their NASDAQ listing in December 2014. Tsai’s involvement suggests that Alibaba could […]

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Flexible Action Camera PIC Wins DreamPlus TechNode Demo Day 

The winning startup of DreamPlus TechNode Korean Startup Demo Day, held on June 30th in Shanghai, was Boud, the makers of a flexible action camera. As a reward, the company was given a free booth at the TechCrunch Beijing event in November. The camera startup is one of the four selected companies participating in the DreamPlus Global Expansion Program. “DreamPlus aims to […]