After a week of personal scandals involving guys like Jiang Fan and Li Guoqing, we’ve been thinking about how common bad behavior is in tech.
Jiang Fan was widely seen as a potential successor of Zhang Yong, the current CEO of Alibaba Group. This tough career setback of the 35-year-old Jiang might mean a change to the e-commerce giant’s succession plans.
Despite Dangdang’s early rise to prominence, the online bookseller is gradually losing the battle with younger competitors.
New technology, markets hold promise but gloomy economy and increased regulatory control pose threats.
TechCrunch Beijing is quickly approaching and we can’t wait. For all the aspirational geeks and entrepreneurs out there, TechCrunch Beijing Summit features a two-day hackathon from November 5 to 6 and two-day main stage talks from November 7 to 8. At the same time, a series of exciting parallel events will be held raging from […]
Being a new mom can be incredibly stressful. If you are drowned by daily chores and still can’t conceive of popping out to the shops for groceries, you are not alone, at least not in China. As the world’s largest country in terms of population, China records more than 16 million newborn babies per year. The […]
Infant care online retailer Mia, formerly known as Miyabaobei, announced that it has received a $150 million USD series D funding led by Chinese search giant Baidu at a nearly $1 billion valuation. Other investors include existing backers of Sequoia Capital, H Capital and several unnamed U.S. private funds. The round will push the company’s total […]
In a traditionally male-oriented field, entrepreneurship can be tough for women. In order to avoid some of the prejudices or miscommunication with male investors, some woman entrepreneurs specifically seek out female investors when raising cash for their startups. According to a Fortune Magazine analysis from February 2014, just 4 percent of senior partners at venture […]
China’s urban e-commerce market is nearing saturation after years of explosive growth, a trend leading China’s online retailers to address the untapped markets in rural areas. Nearly 50% of the country’s 1.36 billion population lives in rural areas; however, less than 30% of rural residents are online and only 10% have bought things online, according to […]
Rumors have circulated for some time that Taobao Read (our translation), the digital publishing business of Alibaba Group, was dissolved last month. An anonymous Taobao Read employee and other people close to the matter have confirmed the closure at Zhihu.com, a Quora-like Q&A and content sharing platform. The Taobao Read app and published e-books currently […]