On April 28, Leijun, CEO of Xiaomi Inc. published an internal letter stating that Zhou Guangping and Huang Jiangji, two co-founders of Xiaomi, have resigned from their positions. According to the letter, the two co-founders “chose a new way of life” for personal reasons and decided to resign from their duties in the company.
China Customs recently announced that in 2017, the cross-border e-commerce industry in China grew 80.6% year-over-year to reach US$14.3 billion in turnover. This is the third consecutive year that the industry grew at an annual rate of over 50%.
This week on the TechBuzz China podcast, our hosts Rui Ma and Ying-Ying Lu lead in-depth discussions on the e-commerce phenomenon that is Pinduoduo and the future of co-working in China with WeWork's purchase of NakedHub. They also shared commentaries from multiple investors and industry insiders such as Kathy Xu, Mark Pols, and Rebecca Brian…
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…
On the afternoon of April 19, Huawei Honor held a press conference in Shanghai, launching its new flagship phone Honor 10 and the brand's first personal laptop named MagicBook.
On the afternoon of April 9th, Smartisan Technology officially released their new Nut 3, which is positioned at the 1000-yuan ($158.5) market.
On April 2, an official announcement by OnePlus states that OnePlus 5T is now sold out, with only a limited number of stock left on JD.com, a Chinese e-commerce website. The phone was released in November 2017, and it has been only four months since its first day of sale on December 1st, 2017.
"I just saw the headlines saying that iQIYI has fought through bitter years, and I want to tell our friends at the press that it wasn't bitter for us," said a host from iQIYI Innovation Building in Beijing on March 29.
Although there is controversy over encrypted digital currency, research and development of blockchain technology is fiercely competitive. Blockchain has become an emerging technology valued in China and abroad, and its standardization process is advancing.
On March 8, Foxconn received A-share after a record speed of 36 days of proceedings. As regulators continue to send favorable signals for domestic listing and trading, more unicorn companies are likely to enter A-share.
At the Press Conference of the First Session of the 13th CPPCC National Committee, Richard Liu, CPPCC member and JD.com founder, provided some suggestions for young people establishing their own companies.
Samsung has been increasingly underperforming in market share, customer attraction, and brand awareness. As Samsung releases the S9 for pre-sale earlier this week, the company is becoming more marginalized in China.
"Alibaba and JD.com have established offices to compete with Pinduoduo.” said Bin Huang, an e-commerce merchant. Relying on WeChat traffic, Pinduoduo has become a black horse within the e-commerce industry.
Nanjing University has announced the establishment of its Artificial Intelligence School, dedicated to building a first-class base for fundamental artificial intelligence research and talent development.
On March 5, National People's Congress (NPC) representative Lei Jun said in an interview that the dual-class shares implemented in the Hong Kong Stock Exchange is favorable towards internet companies, and thus technology innovators are likely to list their companies in Hong Kong.