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Baidu given green light to manage top-level domain “.BAIDU”
Published: 20/07/2018Baidu has received official approval (in Chinese) from the Ministry of Industry and Information Technology (MIIT) to be the managing entity of its top-level domain (TLD) .BAIDU. This means Baidu will ... Read moreSource: technode.com -
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Guangzhou court to streamline submission of evidence from WeChat, QQ
Published: 20/07/2018Nansha District People’s Court in Guangzhou will allow easier acceptance of electronic records from QQ, WeChat, Alipay, and other internet platforms to be used as key evidence in court, local media is ... Read moreSource: technode.com -
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Chinese tech companies climb up fast on the Fortune Global 500 list
Published: 20/07/2018One hundred and twenty Chinese companies have made it onto the 2018 Fortune Global 500 list, including a number of the country’s big tech companies. The three countries with the most companies o ... Read moreSource: technode.com
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ofo scales back US operations amid international retreat
Published: 19/07/2018In ofo’s latest retreat from the international market, the company is scaling back its operations in the United States after laying off 70% of its staff in the country. Additionally, three execu ... Read moreSource: technode.com -
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Hyperloop Transportation Technologies to build Hyperloop in Southwest China with local partner
Published: 19/07/2018Hyperloop Transportation Technologies (HTT) will be building a hyperloop track in the city of Tongren in Guizhou province, the Chinese government has confirmed. The concept of a hyperloop is to bring ... Read moreSource: technode.com -
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Didi and Softbank to launch taxi-hailing service in Japan
Published: 19/07/2018China-based global ride-hailing giant Didi Chuxing has launched Didi Mobility Japan, a joint venture with Japanese conglomerate SoftBank. As ride-hailing is prohibited in Japan, Didi is focussing main ... Read moreSource: technode.com
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China’s mobile economy grew by over 20% amid intensifying competition
Published: 19/07/2018Driven by a growing number of mobile internet users, gross internet-based trading volume hit RMB 8.42 trillion ($ 1.25 trillion), a 22.2% increase compared to 2017, according to a report by QuestMobil ... Read moreSource: technode.com -
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Douyin to launch matching service for KOLs and businesses
Published: 19/07/2018China’s leading short video platform Douyin is reported to launch its official digital marketing matching service for key opinion leaders (KOL) and businesses: the Star Map Platform (星图平台). With the p ... Read moreSource: technode.com -
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Chinese enterprise blockchain startup Nervos raises $28 million
Published: 18/07/2018Chinese enterprise blockchain startup Nervos Network has raised $28 million from Polychain Capital and Sequoia China, joined by a long list of other blockchain investment firms including Wanxiang Bloc ... Read moreSource: technode.com
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After Australia, ofo exits Germany amid push into priority markets
Published: 18/07/2018Germany has become the latest market from which Chinese bike-sharing firm ofo will make an exit. The company, which has been plagued by rumors of a cash crunch over the past few months, has adjusted i ... Read moreSource: technode.com -
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AI startup Yitu receives another $100 million in funding
Published: 18/07/2018After closing its $200 million Series C+ funding round in June, Shanghai-based facial recognition firm Yitu Technology has secured another $100 million. The investment comes from China Industrial Asse ... Read moreSource: technode.com -
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Nanjing to create $20 billion integrated circuit investment fund
Published: 18/07/2018Nanjing is set to turn itself into a chip mecca by setting up a $20 billion investment fund for its integrated circuits industry. The historical capital of China is hoping that revenue from the sector ... Read moreSource: technode.com
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Didi cooperates with Booking on smart travel solutions
Published: 17/07/2018Didi Chuxing, China’s largest ride-hailing platform, announced a strategic partnership with the US-based online travel platform Booking Holdings on July 17. Booking also invested $500 million in ... Read moreSource: technode.com -
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Youku and Migu Video post viewing numbers from this year’s World Cup
Published: 17/07/2018As France won its second World Cup after beating Croatia on July 15, Chinese video streamers are also busy celebrating their soaring viewerships. Migu Video, a subsidiary of state-owned telecommunicat ... Read moreSource: technode.com -
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Douyin reaches 500 million monthly active users worldwide
Published: 17/07/2018No matter if you like it or not, more and more global netizens are keen to watch 15-second videos of people dancing, singing, or just doing other goofy stuff on China’s popular short video platform Do ... Read moreSource: technode.com
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“We want to see Robin Li!” Baidu Waimai agents protest in front of headquarters
Published: 16/07/2018Baidu Waimai, a takeaway service previously owned by Baidu and now under Alibaba’s Ele.me, is facing protests from its commercial agents. More than 50 agents employed by the company gathered in front ... Read moreSource: technode.com -
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LeTV might be delisted from the Shenzhen Stock Exchange
Published: 16/07/2018Leshi, previously known as LeTV, is likely to get suspended from the Shenzhen’s Stock Exchange, the Paper is reporting. On July 13, Leshi (乐视网) released a financial forecast for the first half ( ... Read moreSource: technode.com -
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JD finds itself in the midst of P2P financing fraud
Published: 16/07/2018E-commerce platform JD.com is facing scrutiny after suspected large-scale fraud has been uncovered involving Feixun (斐讯), a brand sold on JD’s platform. On June 10, a crowd of people that bought ... Read moreSource: technode.com
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Shenzhen Stock Exchange questions LeTV for using blockchain as a buzzword
Published: 13/07/2018Leshi Internet Information and Technology, previously known as LeTV, has been questioned by Shenzhen Stock Exchange regarding its smart TV subsidiary Lerong Zhixin’s new blockchain business, our sist ... Read moreSource: technode.com -
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Lei Jun is a billion dollars richer after Xiaomi’s mega IPO
Published: 13/07/2018After a disappointing debut on Monday, Xiaomi’s shares rose above HK$20 for the first time today. As company shares soared so did the net worth of Lei Jun, the co-founder and CEO of Xiaomi, who holds ... Read moreSource: technode.com
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