Last year, China had 186 unicorns in total, led by Alibaba’s Ant Financial and Bytedance’s Jinri Toutiao.
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Posted inThe Numbers
Tongcheng-Elong to go public in Hong Kong next week
The company originally aimed at a fundraising target of between $800 million $1 billion.
Posted inThe Numbers
Chinese smartphone market sees fourth consecutive quarter of declines
The most popular manufacturer was Vivo, taking nearly 20% of the market in the third quarter.
Posted inThe Numbers
China’s smartphone shipment plunges by nearly 11.5% in September
The dip in China’s smartphone shipments continues a downward trend in the industry.
Posted inThe Numbers
Top 10 Android app stores in China in Q1 2018
We’ve updated for 2018. Check out this year’s list here. While Chinese smartphone suppliers have reported a decrease in sales for the first time, the country’s internet user base continues to grow, with around 772 million internet users (97% smartphone users) at last count. In 2017, the revenue generated by apps in China reached US$35 […]
Posted inThe Numbers
CHINA VOICES | Carnage for Chinese tech stocks
In translation from Ran Caijing, a look at how far China tech stocks plunged under the influence of the virus—and the few that rose.
Posted inThe Numbers
45 listed Chinese tech companies refinance to drive innovation
Over 45 Chinese tech companies have announced their intentions to refinance, showing that already listed companies are seeking ways to raise additional capital in order to drive innovation. Qihoo 360 (三六零) and iFlytek (头科大讯飞) announced plans (in Chinese) to raise RMB 10.8 billion and RMB 3.6 billion respectively. The funds will be used for developing artificial intelligence […]
Posted inThe Numbers
China’s list of richest individuals gets 14 new blockchain entrepreneurs
Jack Ma topped this year’s Hurun Rich List thanks to new investment in Alibaba’s Ant Financial.
Posted inThe Numbers
Top 10 Android app stores in China in Q2 2018
Many of the app stores hold the same or similar presence over the last 90 days.
Posted inThe Numbers
Study of 151 Chinese unicorns shows Beijing #1 city for startups
A unicorn is a privately held startup company valued at over $1 billion. Although the term was coined in order to express the rarity of such companies, they are getting more common, especially in China. Let’s study unicorns in one of their most common habitats. Some of the highlights: Most of Chinese unicorns are located in Beijing (66 out of …
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