Taiwan-based chip foundry TSMC is expected to overpass semiconductor giant Intel in the second quarter, according to Yahoo Finance estimates.
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Announcing the official TechNode podcast: Node Worthy
This has been a long time coming. Coming from a radio background, I have a deep passion for audio content and when I first joined TechNode I knew I wanted to do a podcast. The problem with podcasting, much like any quality content, is that you can’t just do it; you have to prepare first: […]
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Ant Financial invests in Shanghai-based fintech startup VFinance
Ant Financial, the financial services affiliate of Alibaba, has made a strategic investment in VFinance (维金), a Shanghai-based startup providing digital financial infrastructure solutions to enterprises in China, according to VFinance’s announcement. At a press conference on July 18th, VFinance also signed strategic cooperation with MyBank (网商银行), an online bank launched by Ant Financial in 2015. The cooperation […]
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These 4 failed directions make what ofo it is now
The best success stories often begin with failures. What we see are the hefty funding rounds, skyrocketing valuations; what we overlook are the embarrassing first efforts, setbacks and radical change of directions. Ofo, the first company bike rental company to gain unicorn status in the emerging sector, meets nearly every definition we have for a successful […]
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What do you think of Mobike and Ofo expanding to your country? We asked
Chinese bike rental companies Mobike and ofo expanded to more than 30 countries last year. While attending the SeedStars Summit 2018 in Lausane, Switzerland, we asked people from 5 different countries what they think about Chinese bike rental startups’ expansion into their home countries. Recent data from Cheetah shows that China’s active users of bike […]
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[Discover China’s Next BAT] 8 rising stars, part 2
This is the fourth post in our series: Discover China’s Next BAT, where we will go over the potential tech giants that are leading China’s IT industry. Stay tuned over the coming month to keep updated on the next ‘BAT.’ iiMedia Research Group, a leading research institute in China, has released a list of leading mobile internet companies based on the […]
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Four strategies of China’s top 10 e-commerce apps
Pushing advertisement online and offline has been the typical strategy of China’s e-commerce giants to bring in customers, explaining why e-commerce sector is one of the toughest battlegrounds for freshly born startups since they have little money to spend on advertising. However, the trend is changing. As startups like Bolome, combining live streaming into cross-border […]
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Chinese drone maker DJI will soon see its in-car system in a mass-produced EV
The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.
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Meituan begins job cuts to lower costs: report
Meituan becomes the latest Chinese tech major to begin large-scale layoffs. Companies are replacing veteran employees with cheaper new hands.
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Gadget recycling platforms go for gold with old smartphones
As the world’s largest smartphone market, China is set to retire around 400 million smartphones per year. The precious metals found in smartphones make this an untapped gold mine for O2O gadget recycling businesses. Investors certainly seem to think so, with the online gadget recycling platform Aihuishou (爱回收, literally “love recycling” in English) receiving an […]
