CategoryIndustry

On August 15th, an article titled, “Receive Financing from Angel Investor Charles Xue after Hacking into his Accounts, Creating Fair Trade for 1.5 Million Gamers Online” was published on Pencilnews.cn, sparking extensive discussions across the industry. Pencilnews disclosed in the article how Zhu Pan, the founder of the online trading platform for gamers—4931.com, was able…

In the mid-2017, during Shenzhen municipal CPPCC, Frank Wang, the CEO of DJI, aired his opinion of unmanned aerial vehicle (UAV). Speaking of UAV regulation, most measures are bans, which greatly limit the use of UAV as well as the application of new technologies. With the increasingly rigid air policy, DJI is going to explore…

Industry data shows that by the end of the second quarter, the number of cable digital TV subscribers in China had declined to 159.93 million households, for the first time below 160 million. According to the industry, the IPTV and OTT business has significantly impacted the subscription of cable digital television. It is known that…

Alibaba has announced that it will open its first unmanned retail store in Hangzhou at the end of the year. This project is part of the new strategy for TMall, Alibaba's online retail arm, which aims to improve traffic flow and discover more complex business scenarios in the unmanned retail sector Mr. Ying Hong, the…

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,…

Recently, sharing gym have appeared in one neighborhood in Beijing, which occupies as small area as the newsstand. Its external wall impressively has words "Mipao -- self-help fitness". So, what do these mini gyms have inside? Self-service gym covers an area of about 4 square meters. It only has a treadmill inside, equipped with TV,…

Recently China Internet Network Information Center (CNNIC) released the 40th China Statistical Report on Internet Development (hereinafter referred to as "Report") in Beijing. The Report shows that by June 2017, the number of Internet users in China had reached 751 million, accounting for a fifth of global netizens. The Internet penetration rate was 54.3%, surpassing…

Just recently, Pony Ma surpassed Jack Ma as being China's richest man! According to Forbes recently updated real-time rankings statistics, Pony Ma's personal net assets have reached 36.9 billion USD, ranking him 18th in Forbes listing of the richest people in the world. For the first time, he has surpassed the founder of Alibaba, Jack…

According to the official website of the Ministry of Commerce, in its recently released The 2016 Retrospect and Prospect of China's Domestic Trade Development, MOFCOM praises JD Logistics, Rookie Logistics and a number of other modern logistics enterprises as they adopt informationized and intelligent means, innovate cooperation modes and constantly improve the efficiency of logistics…

According to a Caijing report, after Baidu Waimai (the food delivery unit of Chinese search engine company Baidu Inc.) discussions with S.F. Express (SF) were called off, Baidu Waimai maintained financial connections with Ele.me. Negotiations between both parties are now reaching a close, and if everything goes smoothly, results will be released within 2-3 weeks.…