Newsletter: Can the Tinder-like Tantan Help You Find a Real Date in China?

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Here is this week’s roundup of tech stories in China.

For dating app users in China,Ā the Tinder-like TantanĀ is probably a good choice for you! It seems to provide better user experience than the previously popular Momo. Check out Gabriel Li’s insightful and juicy stories about the app Tantan andĀ online dating in China!

June 18Ā was an important day for e-commerce giant, JD.com as it celebrated itsĀ mid-year shopping festival. This also happened to coincide with the traditional Chinese Dragon Boat Festival, and the World Cup games this year, giving consumers all the more reason to fill up their shopping carts!

AsĀ XiaomiĀ announcedĀ a delay in its IPO plansĀ in mainland China, the new coffee chain star,Ā Luckin CoffeeĀ is said to have closed itsĀ Series A roundĀ with $200 to 300 million.

Following the ZTE incident,Ā TrumpĀ just announcedĀ a new tariffĀ of $200 billion worth on imports from China, while Ministry of Commerce in China responded immediately saying ā€œit is blackmail and an extreme threat.ā€

Enjoy reading up China’s tech news this week, proudly brought to you by Pandaily!

Editor’s Pick

tantan

Can the Tinder-like Tantan Help You Find a Real Date in China?
Momo was the top dating app on campus when I was in college a few years ago, while the more recent Tantan seems to offer a better user experience.

E-commerce

618 shopping festival of JD.com

On June 18,Ā JD.comĀ announced a strategicĀ investment of $550 million from GoogleĀ and an establishment of a broad strategic partnership between both parties. This news comes on JD.comā€™s anniversary, which is also the date of the popularĀ 618 mid-year shopping festival.

The new partnership with Google could be the start of a series of global alliances JD.com is making to contend with Alibabaā€™s global expansions.

Talking about Alibaba, in the latest KPMG tech survey,Ā AlibabaĀ tops the list to become the number one company that competitors areĀ most wary about for theirĀ disruptive business models.

Market Briefings

Xiaomi

XiaomiĀ has announcedĀ postponement of its listing processĀ in mainland China while proceeding with original plans in Hong Kong.

The new retail coffee chainĀ Luckin CoffeeĀ is rumored to have closed itsĀ Series A roundĀ at $200 to 300 million with a valuation exceeding $1 billion.

Debuted on May 22,Ā OnePlus 6Ā hasĀ topped the fast selling listĀ amid all other OnePlus devices since 2013.

Overseas

Trump

U.S. President DonaldĀ TrumpĀ announced yetĀ another tariffĀ of $200 billion on imports from China; Ministry of Commerce in China responded immediately by saying ā€œit is blackmail and an extreme threat.ā€

Didi ChuxingĀ announced that it will be launching DiDi Express on June 25Ā in MelbourneĀ after a month of pilot operations in Geelong. At the same time, it has started recruiting local DiDi drivers in Melbourne.

New Releases

OPPO Find X

OPPOĀ launched its latest flagship device, theĀ Find X, at the Louvre in Paris on June 19.

Vivo announced its new flagship phone,Ā Vivo NEXĀ in Shanghai. The most striking feature is itsĀ pop up camera, or ā€œelevating front cameraā€ as Vivo calls it.

MeituĀ is expected to launch a co-branded phone in partnership with Italian luxury sports car maker,Ā Lamborghini.

NIUĀ has launchedĀ two all-new scooters, the M+ and N-GT,Ā which have been specifically customized for the European market featuring enhanced riding experience with better safety aids.

Podcast

This week onĀ TechBuzz China by Pandaily, co-hostsĀ Ying-Ying LuĀ andĀ Rui MaĀ tell you how Wang Xing, the legendary Chinese serial entrepreneur who started out with ā€œcopy to China,ā€ is now standing behind one of the largest unicorns in the world,Ā Meituan-Dianping.

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