CategoryOpinion

Sogou will go public in the U.S. and take a big step forward. Yesterday, Sogou formally submitted its prospectus to the U.S. Securities and Exchange Commission. Sogou plans to raise up to 600M dollars through IPO. If all goes well, Sogou will be another eye-catching listed company this year after Snap, MuleSoft, Yext, Carvana, Cloudera…

Didi Chuxing is the largest unicorn company in China valued at 50 billion USD. Over the past three years, not only did the company’s valuation grow in double digits, its investors also witnessed the highest rate of return ever of over ten thousand folds. However, despite the rapid expansion growth Didi is experiencing, the company…

Yesterday, People's Daily reported that plagiarism prevails in online novels and that a writer who suspected of plagiarism was found to have used material in writing software. According investigation, there are numerous stores selling writing software in Taobao. And many software storekeepers say that such software is used to assist novel writing but mainly, the…

A few days ago Taqu launched a “shared girlfriends” project that attracted lots of attention, but was eventually fined and forced into suspension. Although we are in fact witnessing the dawn of the sharing economy era, it doesn’t mean that the concept applies to everything. Many are jumping on the bandwagon and slapping on the…

On September 14, 2017, Shanghai Intellectual Property Court issued the first instance judgement on Hu Tao’s prosecution on Mobike (Beijing) Information Technology co., LTD. (hereinafter referred to as the Mobike) for its infringement of the invention patents. Mobike’s bike lock control system is out of the scope of patent protection and thus it doesn’t infringe…

Weibo withdrew the emoji that represents “cool” from the emoji stickers of its international version, indicating the phase-out of “smoking emoji” from Weibo’s mobile client and PC client. Beijing Tobacco Control Association (BTCA) applauded this act and urged Tencent to follow suit as soon as possible. “Ku” originated from “cool” of foreign culture, meaning “awesome,…

Abstract: For Chinese fashion brands and young people, it takes more time to develop from business to hip-hop and street culture driven by strong culture. Causeway Bay in Hong Kong, Brooklyn in New York and Harajuku in Tokyo are all local landmarks, birthing fashion brand business worth billions of dollars. In China, there is place…

On September 9, the recipients of Future Science Prize, known as China’s version of Nobel Prize, were announced in Beijing. This is the second session of the conference. Shi Yigong— professor and structural biologist from Tsinghua University, Pan Jianwei—professor and chief scientist for Mozi quantum communications satellite from University of Science and Technology of China,…

Recently, a figure shows that in Shanghai 76 traffic accidents related with takeout delivery happened in the first half of 2017, with one food-delivery rider injured or dead per 2.5 days on average. Riders involved in such accidents from Ele.me and Meituan both account for 26%. After the media reported this news, safety of food-delivery…

In early August, a batch of brand new BMW 1-series sedans showed on the streets of Shenyang. These luxury vehicles, equipped with Wifi connection, facial recognition, smart voice assistant, are shared cars which cost users only 1.5RMB per kilometer. Though it turned out that BMW Brilliance Automobile or BMW China were not behind this, luxury…