Google is on the move in China. In December 2017, Google established the AI China Center in Beijing, led by Fei-fei Li, chief scientist of Google Cloud, and Jia Li, the head of research and development in AI and ML. In mid-January, Google confirmed the news it would set up an office in Shenzhen.
2017 was a year of great changes in China's retail industry. New retail methods, new industry definitions, new categories and new technologies emerged.
On January 31, the China Internet Network Information Center (CNNIC) released the 41st statistical report of China Internet network development in Beijing. As of December 2017, China's Internet population reached 772 million, with a penetration rate of 55.8 percent.
Small players’ dreams are nothing compared to the strategic needs of giants: the fiercely competitive market has no tolerance. It's only a matter of time before those players will be driven out.
The OnePlus 5T sandstone white limited edition launched today. The OnePlus 5T sandstone white edition combines the smooth tactile feel of the Baby Skin white and the ground texture of sandstone black. It uses a white metal color, which is rare in the handset market.
Xiaomi eco-chain released its 2017 annual data on December 29, demonstrating sales in excess of 20 billion yuan – up 100 percent from 2016.
2017 is coming to an end and it's time to sum it up. Every year, countless products emerge, occur, change and die. Along with the growth of the Internet, we reviewed ten Internet trends of 2017.
Xiaomi may be the most shining Internet company of 2017. Relying on Mi MIX 2 and eco-chain, the brand has won back fans and cultivated a good reputation. Xiaomi's mobile phone sales are back in the world's Top 5 and it met a sales target of hundreds of billions yuan two months ahead of schedule.…
Media were impressed with the 80-million-yuan lavish launch event for the ES8 in Wukesong Venue. There is no doubt NIO raised more investment and spent more money than any other automotive start-up in China. Since its establishment, NIO has raised more than US $2 billion.
According to official website of the State Post Bureau, monitoring data showed that postal enterprises received 243 million packages on December 12, a 38 percent increase from last year.
Ant Financial announced in Hong Kong that four local wallets in Hong Kong, Thailand, India and the Philippines – Alipay HK, Paytm, GCash, and Truemoney – participated in the Double 12 Shopping Festival for the first time.
After the OnePlus 5T launch last week, Pete Lau hurried back to his hotel for an interview. Lau was smiling on a chair in the middle of the meeting room in a dark shirt and touching his newly launched OnePlus 5T and another 4th anniversary red OnePlus.
Alibaba is aggressively deploying its new retail business. Fresh Hema has established the entry barrier in terms of business model. JD.com and Meituan are both making small steps forward. This collaboration between Tencent and Yonghui will be a new variable for the industry.
2017 will be a milestone in the history of Chinese companies. In April, Tencent ranked among the Top 10 companies in the world by market value. In June, Alibaba joined it in the Top 10, and within a few days surged to seventh place. On November 21, Tencent’s market value grew to $520 billion, passing…
"The Internet is a natural monopoly industry, and if it is still dominated by Baidu, Alibaba and Tencent in a decade, it will be most unfortunate for China," Richard Liu said at the release of Qihoo 360 CEO Zhou Hongyi’s new book in Beijing on November 19.