Everything about China's Innovation

The future will be an era of robot deliveries and it will be unnecessary for couriers to work no matter rain or shine, according to Richard Liu, founder and CEO of JD.com Group. JD.com and Lenovo on July 20 announced a big data strategic collaboration, but did not disclose any details at the Lenovo Global…

The future will be an era of robot deliveries and it will be unnecessary for couriers to work no matter rain or shine, according to Richard Liu, founder and CEO of JD.com Group. JD.com and Lenovo on July 20 announced a big data strategic collaboration, but did not disclose any details at the Lenovo Global…

At a time when Chinese enterprises are focusing on smart home technology and intelligent speakers, Sogou, a subsidiary of Internet company Sohu Inc., is turning to voice technology to enhance map usability. Sogou Maps, a popular Chinese mapping service application, on Tuesday launched an "intelligent co-driver" system which allows voice interaction during car journeys, liberating…

At a time when Chinese enterprises are focusing on smart home technology and intelligent speakers, Sogou, a subsidiary of Internet company Sohu Inc., is turning to voice technology to enhance map usability. Sogou Maps, a popular Chinese mapping service application, on Tuesday launched an "intelligent co-driver" system which allows voice interaction during car journeys, liberating…

On July 13, Apple’s official Chinese website announced its summer promotion, which will see users get as much as 50% off purchases and 50 times points at participating vendors in its biggest campaign since entry to the country. Overall, 29 retailers are participating including Starbucks, Burger King, Wagas, Häagen-Dazs, Lawson and Gap, with some e-commerce…

Apple today announced that Isabel Ge Mahe, vice president of Wireless Technologies, has been named vice president and managing director of Greater China, reporting to CEO Tim Cook and COO Jeff Williams. In this newly created role, Isabel will provide leadership and coordination across Apple’s China-based team. “Apple is strongly committed to invest and grow…

On July 6, Chinese bike-sharing start-up ofo announced a 700 million dollar funding round. The Series E funding was led by Alibaba, Hony Capital, and CITIC Private Equity, with additional investment from current investors Didi Chuxing and DST Global. CEC Capital served as the exclusive financial advisor to ofo in the transaction. This news is…

On July 6, Chinese bike-sharing start-up ofo announced a 700 million dollar funding round. The Series E funding was led by Alibaba, Hony Capital, and CITIC Private Equity, with additional investment from current investors Didi Chuxing and DST Global. CEC Capital served as the exclusive financial advisor to ofo in the transaction. This news is…

Machines cannot take away translators' job completely, but it plays its role in providing translation service by “matching” the right words. How big is translation market? Zhou Feng, CEO of NetEase Youdao (网易有道), estimated it is a 40-billion RMB market. According to the 2016 China's Language Service Industry Development Report, the value that China's language…

Machines cannot take away translators' job completely, but it plays its role in providing translation service by “matching” the right words. How big is translation market? Zhou Feng, CEO of NetEase Youdao (网易有道), estimated it is a 40-billion RMB market. According to the 2016 China's Language Service Industry Development Report, the value that China's language…

China’s e-commerce giants make the news each year with their deals on November 11, “Single’s Day,” and June 18. This year, Amazon is will be joining the competition with Prime Day. Amazon Prime members can receive free delivery on overseas purchases. Chinese Prime Subscribers can purchase overseas commodities and have them shipped directly from Amazon’s…

China’s e-commerce giants make the news each year with their deals on November 11, “Single’s Day,” and June 18. This year, Amazon is will be joining the competition with Prime Day. Amazon Prime members can receive free delivery on overseas purchases. Chinese Prime Subscribers can purchase overseas commodities and have them shipped directly from Amazon’s…

This was the first good news that came across after Xiaomi CEO Lei Jun was, once again, in control of the supply chain. On July 7th, Lei sent out an internal e-mail, announcing the sale of Xiaomi mobile phones during the second quarter of 2017 reached 23.16 million units, ranking this number a historical high…

This was the first good news that came across after Xiaomi CEO Lei Jun was, once again, in control of the supply chain. On July 7th, Lei sent out an internal e-mail, announcing the sale of Xiaomi mobile phones during the second quarter of 2017 reached 23.16 million units, ranking this number a historical high…

Chinese search engine company Baidu announced their autonomous car software will be free for download, with the aim to collect data and attract more users to their open-source AI platform. The announcement was made on July 5 during their "Baidu AI Developers Conference" (Baidu Create 2017). Baidu Founder Robin Li had made quite a stir…

Chinese search engine company Baidu announced their autonomous car software will be free for download, with the aim to collect data and attract more users to their open-source AI platform. The announcement was made on July 5 during their "Baidu AI Developers Conference" (Baidu Create 2017). Baidu Founder Robin Li had made quite a stir…

On June 28th, Airbnb jointly launched with Alipay a handy new tool available in the Alipay app called the “Aibiying Travel Deposit”, which will help prevent the app users from reckless spending. By setting the travel location, period of stay, the number of travelers and the intended travel dates in the app, the system will…

On June 28th, Airbnb jointly launched with Alipay a handy new tool available in the Alipay app called the “Aibiying Travel Deposit”, which will help prevent the app users from reckless spending. By setting the travel location, period of stay, the number of travelers and the intended travel dates in the app, the system will…

Li Zhifei has spent his professional career cross-pollinating the world’s two most vibrant innovation ecosystems. Born in central China at the dawn of reform and opening, Li graduated college in China and dove headfirst into the country’s dot com boom of the early 2000s. When that bubble burst, he headed to Johns Hopkins University for…

Li Zhifei has spent his professional career cross-pollinating the world’s two most vibrant innovation ecosystems. Born in central China at the dawn of reform and opening, Li graduated college in China and dove headfirst into the country’s dot com boom of the early 2000s. When that bubble burst, he headed to Johns Hopkins University for…