Newsletter: Kris Wu Raps Against Cyber Bullying
Here’s this week’s roundup of China tech stories.
Toutiao Releases White Paper on Chinese Public Opinion of Top Smartphone Brands
Toutiao, China’s leading news and information content platform, recently released a white paper on online public opinion and user reputation of mobile phone brands in the Chinese market in the first half of 2018.
Motorola Z3: the World’s Thinnest 5G Flagship?
Motorola officially released the Motorola Z3 flagship smartphone in the afternoon of August 15. With a thickness of 6.75mm, the Z3 is supposedly “the world’s thinnest flagship”. It is also the first 5G module phone in China.
Former Baidu COO Lu Qi to Head Y Combinator in China
Lu Qi, AI expert and former Chief Operating Officer of Baidu Inc., was named founder and Chief Executive Officer of Y Combinator China, signaling the Silicon Valley incubator’s ambition to expand its global operations.
Faraday Future Establishes HQ in China after Evergrande Became a Major Investor
Evergrande Health Industry Group Ltd. announced on August 14th that Faraday Future, a U.S. electric vehicle startup, has set up its operating headquarters in China and plans to build five R&D and production facilities across the country in the next decade.
NIO Automobile Submits U.S. Prospectus, Looking to IPO on the NYSE
NIO Automobile submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on the New York Stock Exchange. It plans to raise up to US$1.8 billion, which will be the largest listing of a Chinese auto company in the United States.
Xiaomi to Launch the First POCO Phone This Month after Leaked Unboxing Video
Xiaomi is set to unveil its first smartphone under the POCO by Xiaomi sub-brand in New Delhi, India on August 22. Branded as “Master of Speed”, the new POCO F1 is said to share many features of the flagship Xiaomi Mi 8.
OPPO Announces the Release of R17 Series, Equipped with Snapdragon 670
On the afternoon of August 13, OPPO officially announced the release of its new R17 series smartphone and unveiled some of its features.
Chinese Co-working Space Giant Ucommune Raises RMB 300 Million at $1.8 Billion Valuation
Ucommune, previously UrWork, the only Chinese unicorn in the co-working space, announced on August 14 that the company received a new round of funding from RK Properties and Jingrong Holdings, raising 300 million yuan ($45 million) at a post-money valuation of $ 1.8 billion.
2018 OTEC Winners Awarded RMB 1 Million, with Nobel Prize Winners Attending the Innovation Summit
Overseas Talent Entrepreneurship Conference (OETC), China’s largest international startup business competition came to a close on August 10. A team from Beijing won the global championship while an American and a British team took home the second and third place respectively.