Xiaomi Expands AIoT Partnership into Home, Hotel and Automobile Services
When you hear the word Xiaomi, what comes to mind? If you can only think of phones, you have fallen behind!
New Zealand Rejects Huawei’s 5G Proposal Due to National Security Concerns
Huawei was banned from supplying 5G technology in New Zealand due to national security concerns, joining a number of developed countries in their hesitation to collaborate with the Chinese telecommunications equipment maker.
DJI Releases Osmo Pocket — Hybrid of Drone and GoPro
Tighten your purse strings, otherwise Osmo Pocket, the smallest handheld stabilized camera released by Chinese drone company DJI on Nov.29, will take $349 right out of your pocket.
Alibaba Revamps Internal Structure – Upgrading Tmall and Cloud Computing
On Nov. 26 E-commerce giant Alibaba Group announced the upgrading of its cloud computing unit and the restructuring of Tmall, Alibaba’s online retail platform, in an internal letter.
LinkSure Network Launched Satellite Network Program — Realising Global Free Internet Access by 2026
On November 27, LinkSure Network officially launched its satellite network program — “LinkSure Swarm Constellation System.” The company’s first satellite “LinkSure No.1” will be launched into space together with the Long March rocket in 2019.
Chinese Scientist Claims the World’s First Gene-edited Twin Babies
On Nov. 26, a Shenzhen scientist He Jiankui announced the birth of two twin gene-edited babies Lulu and Nana, one day before the second International Summit on Human Genome Editing. One of their genes is edited to resist the AIDS virus.
Tongcheng-eLong File for IPO at the Hong Kong Stock Exchange
On Nov. 26, Tongcheng-eLong, the online travel platform backed by Tencent became listed on the Hong Kong Stock Exchange (HKEX) at an issuing price of 9.8 Hong Kong dollars.
When AI Takes Over — on Kai-Fu Lee’s Latest Book
Last autumn, at an official TED conference in Vancouver, Artificial Intelligence (AI) expert, Kai-Fu Lee stood on a red-carpeted, circular stage, the lights in the room focused on his dignified frame, the crowd around him sober and attentive.
Meituan-Dianping Reported a Widened Loss in Its First Post-IPO Earnings
On Nov. 22 Meituan-Dianping, China’s on-demand service provider, released its first earnings report after raising $4.2 billion in an IPO in September. Its third quarter operating loss soared to $497.46 million, that means it tripled from last year’s $151 million for the same time period.
Cheetah Mobile Released Q3 Financial Report, Achieving Revenue of $196 Million
On Nov. 21, Cheetah Mobile, the Chinese mobile internet company, announced its financial results for the third quarter which ended on September 30, 2018.
Xiaomi Opens 500 Stores in India and Sets New World Record
Xiaomi has set a world record by opening 500 new Mi stores in India, all in a single day.
China’s Largest Ride-hailing Company Launches Research Lab in Canada
Didi Chuxing (Didi), the world’s leading mobile transportation platform, officially launched its second research facility in North America located in Toronto, Canada on Nov. 20. The company’s first research facility was launched in March 2017 in Mountain View, California.
Xiaomi’s Q3 Earning Report Show Steady Growth Amidst Downward Market Trends
Xiaomi released its Q3 Earnings Report on Nov. 19, demonstrating a strong and steady growth despite a downward trend in global smartphone sales.
ByteDance’s News Aggregator Jinri Toutiao Appoints New CEO
Zhang Yiming stepped down as the CEO of his company’s flagship platform Jinri Toutiao, a news aggregator, but kept his title as CEO of the parent company ByteDance.
Alipay Launches Social Innovation Challenge with NUS Enterprise
On Nov. 16, Alipay, the mobile and online payment platform Ant Financial, teamed up with NUS Enterprise, the entrepreneurial arm of the National University of Singapore, to launch a new initiative aimed to support digital technology innovation throughout Southeast Asia.