Newsletter: What Killed ofo — The Fall of a Unicorn

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

This winter has been a struggling period of time for bike-sharing companies. ofo users have been seen waiting in line in front of the company’s headquarters at Zhongguancun in Beijing lately. The harsh winds of the Beijing winter didn’t stop them from getting their deposit back.

Also this week, Mobike founder Hu Weiwei resigned from the position of CEO for personal reasons. Hu claimed that she has ”completed her task at the current stage” as CEO.

As the cold winter approaches, many resort to superstitions for a peace of mind.

Can webcasting real-time classes save rural education in China? Through streaming services, rural students can watch the lectures live together with students from top high schools in Chengdu, a southern Chinese city.

Below are the details!

Editor’s Pick

What Killed ofo — The Fall of a Unicorn

7 Superstitions that Governed Chinese Internet Companies

Can Webcasting Real-time Classes Save Rural Education in China?

The Noxious Revival of Female Virtue Classes: The Dark Side of the Chinese Society

Market Briefings

Mobike Hu Weiwei
Mobike Hu Weiwei

Mobike Founder Hu Weiwei Steps Down as CEO

Yuanfudao Completes Another Round of Funding, Bringing Valuation to Over $3 Billion

Xiaomi’s Mobile Payment Mi Pay Debuts in India

Huawei Claims Leading Position for 5G Commercial Contracts

China’s AI Startup 4Paradigm Raises Over 1 Billion Yuan in Series C Funding

New Releases


Xiaomi Launched Mi Play at Christmas Eve

OPPO F19 Flagship May Feature a 10X Lossless Zoom Camera