Newsletter: Falling Tides of China’s Internet Industry in 2018

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

Just as Charles Dickens wrote, “It was the best of times, it was the worst of times…”

The year 2018 witnessed the ebb and flow of many Internet industries in China — destined decline after a period of flourishing. To be honest, each one of these industries has the same story. The common denominator between them is the barbaric growth without sufficient regulation, and excessive trust and a “laissez-faire” attitude in human nature.

The year 2019 began with the updated version of Wechat on Android phones. Users will now be able to record a short video and publish a story that is available for 24 hours. There is also a significant change in Wechat articles. Once a user clicks the button of “good read”, the article can be recommended to all of their friends.

Find the full articles below!

Editor’s Pick

Falling Tides of China’s Internet Industry in 2018 — Don’t Go Gentle Into That Good Night

New WeChat Update Sparks Privacy Concerns — But What Can We Do?

Anti-Cancer Herbal Medicine and Fire Therapy: The Hoax of a Chinese Medicine Giant

5G Network in Development for Beijing Winter Olympics 2022

Market Briefings

Over 50 Billion Packages Delivered Across China in 2018

SoundAI Completes Series B Funding of 200 Million RMB

Ctrip Annouces Over 200 Million MAU, Half from Overseas

Chinese IPOs

Number of Chinese IPOs in US Hit Eight-Year High

LinkSure Literature – A New Unicorn Despite “Capital Winter”

New Release

Honor Launches the Last Flagship of 2018 – Honor V20