Given the China’s market size, it’s obvious why we see so many foreign startups and expats in China. However, it still might sound a little silly if a business targets non-Chinese in China given the the relatively small population. But if you’re also a non-Chinese living in China, focusing on expat market can actually serve […]
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Earliest Tesla Fatality Yet? Autopilot Blamed For Chinese Man’s Death
Footage revealed on Wednesday by Chinese state media revealed what may be the earliest ever fatality in a Tesla car using the autopilot function. A dashcam video recorded the Model S slamming full speed into the back of a road sweeping vehicle on an expressway 450 kilometers south of Beijing. The collision occurred on January 20th this year, […]
New WeChat feature shows that Starbucks is no longer a foreign brand
After the stunning success of hongbao (红包 or “lucky money” in English) and the more recent gold gifting, WeChat has partnered with Starbucks to offer coffee gifting. Found in the WeChat Wallet, you can purchase Starbucks-branded gift cards either for a single drink or with money pre-loaded on the card. After purchasing, you will be […]
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 […]
China’s Online Black Market — Part I: Tencent QQ Credentials
Like on the rest of the world, in China some users’ online credentials and data are either used without their permission by some Internet companies to their benefit or traded on the black market. While some are common practices worldwide, there are some that can only happen in China. TOMsInsight, an online data analysis and […]
This is what expat startups say about five startup accelerators based in China
Expanding your startup to China or starting a business in China is not a piece of cake, especially if you’re an expat not speaking Chinese, or have zero experience in China. Local startup accelerators are there to help you out, but it’s not only a certain amount of funding and a free office space that you want […]
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 […]
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 […]
Meet China’s Midas: Lin Sen, Back To the Basics
This is the third post in our series: Meet China’s Midas, where we will talk to a mix of Chinese investors who have made successful investments in China’s growing tech space. Stay tuned over the coming one month as we talk to Chinese investors from Beijing to Shanghai about what it take to be a Midas […]
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 […]