Leshi becomes ‘New Leshi’ to distance itself from founder

Leshi—or to give it its current full English name, Le Shi Internet Information…


Gold bike startup looks for buyer as users demand deposits back

Crowds of people descend on the Coolqi bike hire scheme’s head office in…


Chinese scalpers are already selling the iPhone 8 for $75 cheaper

Chinese scalpers are feeling the squeeze. Seven years ago, a generation of them…


Porsche Design rolls out its first-ever laptop in China

The world-renowned automobile manufacturer Porsche announced on Tuesday its…


alibaba cainiao

Alibaba ups the ante in logistics, gaining a controlling stake in Cainiao

China's biggest e-commerce site Alibaba just announced an additional $807…


UrWork inks joint venture partnership with co-working peer Fountown

Consolidation in China’s shared space industry continues as Chinese co-working…


WeChat changes splash screen for the first time ever

WeChat just made a subtle but symbolic change this Monday. The app's iconic…


ofo

Ofo in talks to raise new financing of more than $1 billion

Chinese bike rental company ofo is in talks to raise new financing of more than…


JD founder Richard Liu invests RMB 400 million into AI

Artificial intelligence is the new hot trend in China and JD.com seems to be on…


Mobike launches new, lighter stronger model

Mobike, China’s major bike-rental company, today launched a new model of its…