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Updated: Unmanned stores could see first big failure as Bianlifeng rumored to be pulling smart shelves from 38 Chinese cities

Bianlifeng (便利蜂), the operator of Chinese staff-less stores and smart vending machines, released a notice to its employees yesterday announcing that they will start pulling out vending machines from 38 cities in China an unnamed employee told Pingtu360. Except for the eight selected cities that they are currently testing the unmanned shelves in and the three […]

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Top 10 Chinese unmanned stores in 2017

The announcement of Amazon Go, the cashierless store concept, in late 2016, coincided with a flurry of Chinese tech companies creating their own versions of unmanned stores. For them, 2017 was a fruitful year for developing their solutions tailored to Chinese consumers, as well as in educating the market. What’s more important behind the quick […]

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LinkedIn’s China rival Maimai just raised $75 million

Maimai, LinkedIn’s biggest China rival, just raised $75 million in its latest Series C round and has plans to go IPO in 2019, our sister site is reporting (in Chinese). The round is led by DCM Ventures, an investor in popular social networking apps including Kuaishou, Tantan, Musical.ly, and Renren. IDG Capital and Morningside Venture Capital […]

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Top 15 apps you need for living in China

Say goodbye to Facebook, Twitter, and Instagram and welcome your new favorite apps. Here is everything you will need to navigate your China life. 1. Communication: WeChat (微信) The app to rule them all, WeChat is the very definition of indispensable in China. This is where you will connect with your friends, communicate with your […]

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10 of the best performing Chinese tech companies in Q1

Major listed Chinese tech firms have released their latest quarterly results, and most of them delivered strong performances. Here’s a roundup of some of the top performers, including BAT, JD, Weibo, and Momo. Chinese tech companies listed in Hong Kong Tencent (腾讯) Market cap: US$329.84 billion Tencent Holdings Limited (00700.hk) is China’s largest tech company […]

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Meituan expands O2O business into homestay

China’s O2O giant Meituan announced yesterday the launch of its homestay business – Zhenguo Homestay (榛果民宿 in Chinese), taking another step to branch out into more O2O verticals, local media is reporting (in Chinese). The homestay service has listed some properties in tier-one cities as well as some popular travel destinations on its app and plans […]

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