Ant Financial will launch Face ID for package pickups

On September 14, Alipay and Cainiao Global held the Global Logistics and Supply Chain Conference (GLSC) in Shanghai, and announced that they will provide services for SMEs form the most basic payment to marketing, credit, and finance businesses. At the same time, the Ant Financial will use face recognition technology in the logistics industry, so…

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Mobvoi Launched New Smart Speaker Tichome

Tichome, Mobvoi’s new smart speaker is going to get crowdfunded and be released soon. Mobvoi held a press conference on August 24th, announcing the official release of its brand new smart speakers Tichome at a price of 999 yuan. Members who were in on the crowdfund can purchase the speaker at a price of just…

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Xiaomi Strikes Again With Mi Band

Few days ago, Xiaomi CEO Lei Jun, posted on his Weibo account thrice in a row, celebrating the successful return of Xiaomi among the top 5 bestselling mobile phones globally. This was evident from 2 out of 3 different global sales statistics reports, marking a notable reprise of comeback from Xiaomi mobile. Today, Strategy Analytics,…

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Southeast Asia becomes Alibaba and Tencent’s new battle field

Two global technological forces are disrupting the peaceful ecological environment in Southeast Asia. They’re not Silicon Valley technological companies like Google or Facebook. They are the two Chinese giants Tencent and Alibaba. The two companies provide the strongest financial support and the most successful business experience for venture capital firms in Southeast Asia. More and…

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Flipboard China Rebrands, Looks To Lead Online News Market

Online channels have long since dominated news distribution. Despite the number of platforms available to us today, the general reading experience has shown little net improvement since going digital, as we now battle with poor quality news boosted by shoddy algorithms, and information overload through social media sharing. Zhao Jing, Flipboard’s China lead, is looking…

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NetEase Youdao Aims to Make Traditional Translation Market More Internet-oriented

Machines cannot take away translators’ job completely, but it plays its role in providing translation service by “matching” the right words. How big is translation market? Zhou Feng, CEO of NetEase Youdao (网易有道), estimated it is a 40-billion RMB market. According to the 2016 China’s Language Service Industry Development Report, the value that China’s language…

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