Have you ever used Pinduoduo? There is a wide variety of e-commerce start-ups in China, but why is Pinduoduo suddenly so popular ? SEE ALSO: Go For the WeChat Gold: E-commerce Business Increases 20 times In One Year? It is because it has a large user base? Public data show that Pinduoduo has already attracted…
In 2014, Microsoft announced the opening of its Office 365 cloud service in China with the help of local partners. Office 365 became the only international cloud productivity platform in China, as well as the first cross-platform and cross-device productivity tool in China. Prior to this, Microsoft’s Azure cloud service had also entered the Chinese…
LeEco founder Jia Yueting is welcoming his second white knight after investments by Sun Hongbin, billionaire real estate developer and the founder and chairman of Sunac China Holdings. This white knight came with 300 million U.S. dollars in hand.
At 9:30 a.m. on April 12th, Chinese co-working space startup Naked Hub held an internal management meeting to announce that it would sell the company to the U.S. co-working company WeWork for 2.5 billion yuan ($400 million).
Recently two major Chinese video websites completed their listing in the U.S.: Bilibili and iQIYI. Although these two companies all belong to the same industry, they have different business models and different values.
As of March 2018, there are 126 unicorn companies in China across 15 industries and 10 cities, with a total valuation of $625.3 billion, or about four trillion yuan.
The unprecedented rapid development of science and technology is accelerating the transformation of labor production and human life. Today, artificial intelligence is no longer a distant concept, but a gradually penetrating element into everyday life.
Zhang Yiming, founder and CEO of Toutiao, issued an open apology on morning of April 11th, stating that Toutiao, one of the largest news and information content platform in China, will permanently shut down the Neihan Duanzi (内涵段子) app as well as its Wechat public account.
In half a year’s time, the craze for unmanned shelves has quietly passed, some enterprises left the industry while others turned these shelves into smart vending machines.
According to “Technology Roadmap of Energy-saving and New Energy Vehicles”, a publication by the Society of Automative Engineers of China, the market share of driver-assist/partially-autonomous vehicles will reach 50% by 2020.