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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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Tesla establishes new technology innovation center in Beijing
Published: 13/07/2018US electric vehicle maker Tesla Motors has set up a technology innovation center in Beijing, Ren Yuxiang, Vice President of Tesla Motor, revealed in an interview with The Beijing News (in Chinese). Th ... Read moreSource: technode.com
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Short video app Douyin permanently shuts down 33,000 user accounts
Published: 13/07/2018Popular short-video app Douyin (also known as Tik Tok) created by ByteDance is going thorough clean up removing a total of 27,578 short videos, 9,415 audio files, 235 Douyin challenges, and permanentl ... Read moreSource: technode.com -
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Autonomous vehicles are coming but you won’t own one
Published: 12/07/2018Self-driving cars are a big deal in China. The country’s three tech giants—Baidu, Alibaba, and Tencent (BAT)—are all working to develop the technology. In support of these companies and the many other ... Read moreSource: technode.com -
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Ucommune confirms RMB 300 million acquisition of Workingdom, signals there is more to come
Published: 12/07/2018While the sharing economy mania is cooling down in the bike rental industry with ofo retreating from India and Australia, the field of co-working is seeing some ambitious moves. Ucommune (previously U ... Read moreSource: technode.com
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Chinese police cracks down on $1.5 billion cryptocurrency World Cup gambling ring
Published: 12/07/2018As the World Cup finals near many are eagerly anticipating the game between Croatia and France but in China, the police are playing their own game of cat and mouse with online crypto gambling dens. Gu ... Read moreSource: technode.com -
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ByteDance-backed short video platform Huoshan announces RMB 1 billion project
Published: 12/07/2018Huoshan.com, a short video platform backed by ByteDance, announced its One Million Experts (百万行家) plan which will inject RMB 1 billion ($150 million) worth cash and resources in the following year. Th ... Read moreSource: technode.com -
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Chinese game developers come together at Game Jam China
Published: 12/07/2018On July 6, 3 hours before the start of Game Jam China organized by China Indie Game Alliance (CiGA)—one of China’s largest gaming and developers’ communities—there were around 20 developer ... Read moreSource: technode.com
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‘New retail’ coffee startup Luckin completes $200 million A round
Published: 11/07/2018China’s fast-growing “new retail” startup and purveyor of coffee Luckin has announced it has completed its A round of financing worth $200 million valuing it at $1 billion. The round was financed by D ... Read moreSource: technode.com -
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AV startup Pony.ai grabs its second funding this year worth $102 million
Published: 11/07/2018Autonomous driving startup Pony.ai (小马智行) just nabbed an A1 funding round worth $102 million led by ClearVue Partners and Eight Roads. The funding is set to speed up the commercialization of Pony.ai&# ... Read moreSource: technode.com -
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China may lead in technology, but not just yet
Published: 11/07/2018China has grand schemes for its technological development. In addition to the country’s AI plan, which the country hopes will make it a world leader in artificial intelligence by 2030, the “Made in Ch ... Read moreSource: technode.com
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That’s a wrap! Highlights from TechCrunch Hangzhou 2018
Published: 11/07/2018Last week, TechCrunch International Innovation Summit brought the heat to Hangzhou. Tech leaders and industry elites gathered there to talk about future trends, and international tech giants made an a ... Read moreSource: technode.com -
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Alibaba’s AutoNavi launches ride-hailing service in bid to become a mobility mega platform
Published: 11/07/2018As the ride-hailing market in China heats up again, Alibaba-owned AutoNavi (高德地图) also known as Amap has announced that its own ride-hailing service Gaode Jiaoche (高德叫车) has gone online, TechNode’s Ch ... Read moreSource: technode.com -
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China’s first official bike rental bankruptcy leaves RMB 800 million of deposits in limbo
Published: 11/07/2018Bike rental company Xiaoming has officially begun bankruptcy proceedings becoming China’s first bike rental company to do so. The decision of the Intermediate People’s Court of Guangzhou, which ... Read moreSource: technode.com
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Bytedance says it has no IPO plans, but its rise seems unstoppable
Published: 11/07/2018Bytedance, the company behind the massively popular news aggregation app Jinri Toutiao, is considering a Hong Kong IPO that may value it at over $45 billion, according to media reports. The company wo ... Read moreSource: technode.com -
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Chengdu: This laid-back city is learning how to keep up with the pace of tech
Published: 11/07/2018There’s the old Chinese idiom “Don’t enter Sichuan when you are still young.” The saying reflects the concern that the free and easy local lifestyle will effortlessly undo a youth’s energy and s ... Read moreSource: technode.com -
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China Internet Report 2018: Chinese internet giants are expanding and so is government regulation
Published: 10/07/2018China’s internet industry is one of the most active across the globe and as a new report by Abacus, 500 startups, and South China Morning Post shows just why. The China Internet Report 2018 shows that ... Read moreSource: technode.com
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Social fitness app Keep raises $126 million in series D funding
Published: 10/07/2018Can you recall the last time you made up your mind about exercising and then gave up the next day? Despite the ongoing struggle to keep their exercising routine, more and more Chinese people want to k ... Read moreSource: technode.com -
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Shares of Xiaomi rally after being included in the Hang Sang Composite Index
Published: 10/07/2018Shares of Chinese smartphone maker Xiaomi rallied after closing below the company’s initial public offering price on July 9. Shares of Xiaomi rose to HK$18.42 in an intra-day trading after closing at ... Read moreSource: technode.com
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