Everything about China's Innovation

Shared phone chargers have attracted attention from the market, especially after Leo Chen, CEO of Jvyoumei(聚美优品), invested 300 million yuan into AnkerBox (Anker街电), an enterprise that produces shared phone chargers. Also, “National Husband”—billionaire investor Wang Sicong’s bold statement that he would eat shit if shared phone chargers can succeed made this industry known to more…

Shared phone chargers have attracted attention from the market, especially after Leo Chen, CEO of Jvyoumei(聚美优品), invested 300 million yuan into AnkerBox (Anker街电), an enterprise that produces shared phone chargers. Also, “National Husband”—billionaire investor Wang Sicong’s bold statement that he would eat shit if shared phone chargers can succeed made this industry known to more…

Alibaba group announced today that in order to further promote the new retail strategy, it will increase holdings of Cainiao Network. Apart from tens of billions CNY it has invested, over the next five years, Alibaba will continue to invest 100 billion yuan in Cainiao, so as to accelerate the construction of logistics network and…

Alibaba group announced today that in order to further promote the new retail strategy, it will increase holdings of Cainiao Network. Apart from tens of billions CNY it has invested, over the next five years, Alibaba will continue to invest 100 billion yuan in Cainiao, so as to accelerate the construction of logistics network and…

Once the policy is released, Tesla will be on an equal footing with the start-up car companies.  On April 22, 2014, Tesla CEO Elon Musk personally delivered the first Model S cars in China to Yu Yongfu, the chairman of Alibaba Entertainment; Li Xiang, the CEO of CHJ Automotive(车和家); Chinese famous host Wang Han and…

Users are likely to see some information will be marked as "rumor" when searching in Baidu searching engine. Today, Baidu officially launched its rumor-dispelling platform(百度辟谣平台) and hosted the launching ceremony with the national network police. 372 Net police law enforcement accounts from all over China will release information about the rumors on the platform and…

Users are likely to see some information will be marked as "rumor" when searching in Baidu searching engine. Today, Baidu officially launched its rumor-dispelling platform(百度辟谣平台) and hosted the launching ceremony with the national network police. 372 Net police law enforcement accounts from all over China will release information about the rumors on the platform and…

On September 25, Starbucks and Alipay announced cooperation. Finally, the Starbucks will accept the payment system at over 2,800 of its cafes across China. “The days that we receive complaints from customers at Starbucks are over.” Alipay declared in its official weibo account. Alipay is available at over 3,200 Starbucks stores worldwide “Do you accept…

On September 25, Starbucks and Alipay announced cooperation. Finally, the Starbucks will accept the payment system at over 2,800 of its cafes across China. “The days that we receive complaints from customers at Starbucks are over.” Alipay declared in its official weibo account. Alipay is available at over 3,200 Starbucks stores worldwide “Do you accept…

Alibaba Group announced the upgrading of its operating system strategy and launched a brand new AliOS whose slogan is to drive everything smart. The new Alibaba operating system will continue to increase its investment in the IoT field and IoT operating systems in automotive, IoT terminals, IoT chips and industrial areas. On September 27, Alibaba…

One account can be used in both Mobike and Shouqi Limousine &Chauffeur and which do you prefer, this combination or Didi +ofo? Today, Mobike announced its cooperation with Shouqi(首汽约车). They will cooperate in APP docking, service connectivity, user synergizing, brand marketing and technology R&D. If users upgrade to latest version of Mobike APP, they can…

One account can be used in both Mobike and Shouqi Limousine &Chauffeur and which do you prefer, this combination or Didi +ofo? Today, Mobike announced its cooperation with Shouqi(首汽约车). They will cooperate in APP docking, service connectivity, user synergizing, brand marketing and technology R&D. If users upgrade to latest version of Mobike APP, they can…

On September 25th in 2017, China's leading second-hand car dealer Renren Car announced a new round of financing of $200 million to support its rapid expansion strategy. The strategic investor is the world's leading travel platform Didi Chuxing. The two sides will also have all-round in-depth cooperation around the auto-industry, jointly build a new trading…

On September 25th in 2017, China's leading second-hand car dealer Renren Car announced a new round of financing of $200 million to support its rapid expansion strategy. The strategic investor is the world's leading travel platform Didi Chuxing. The two sides will also have all-round in-depth cooperation around the auto-industry, jointly build a new trading…

Gap of Market Value between Alibaba and Amazon is Just 1.3% Narrowing Nearly 100 Billion Dollars in Past Two Months. By September 22nd, Amazon’s market value was $456.5 billion and Alibaba's was $450.7 billion. Their gap was just 1.3%. Almost two months ago, the gap in market value between these two companies reached $100 billion.…

Gap of Market Value between Alibaba and Amazon is Just 1.3% Narrowing Nearly 100 Billion Dollars in Past Two Months. By September 22nd, Amazon’s market value was $456.5 billion and Alibaba's was $450.7 billion. Their gap was just 1.3%. Almost two months ago, the gap in market value between these two companies reached $100 billion.…

Chinese apps are popular overseas, especially in Russia, America and Japan last quarter. Tool, photography and video apps are the most popular ones. In Russia, the top 250 apps in the two largest stores—— App Store and Google Play enjoy over 222 million downloads, among which about 17.88 million comes from Chinese apps, with a…

Chinese apps are popular overseas, especially in Russia, America and Japan last quarter. Tool, photography and video apps are the most popular ones. In Russia, the top 250 apps in the two largest stores—— App Store and Google Play enjoy over 222 million downloads, among which about 17.88 million comes from Chinese apps, with a…

On the Third Fudan Chief Economist Forum in Shanghai, when talking about sharing bicycle development, Allen Zhu, the managing director of GSR Venture and investor of ofo, said that Mobike and ofo accounted for 95% of the total market share, but they still would spend more fund in operation. Profitability is possible only when the…

Outline: WeChat is expanding into the U.S. market. Tencent will offer advertising services to American brands that want access to Chinese consumers. Tencent is setting up an advertising division in Palo Alto, CA., aiming to promote its services to U.S. enterprises. "Advertisers can spend some budget in gaining brand awareness in China," said Yang Baoshu,…

Outline: WeChat is expanding into the U.S. market. Tencent will offer advertising services to American brands that want access to Chinese consumers. Tencent is setting up an advertising division in Palo Alto, CA., aiming to promote its services to U.S. enterprises. "Advertisers can spend some budget in gaining brand awareness in China," said Yang Baoshu,…

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…

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…

Apple will build the second data center in China, located in Ulanchap, Inner Mongolia. The new data center has been named as iCloud Northern Data Center. As the host, Bu Xiaolin, Deputy Director and Chairman of Inner Mongolia Autonomous Region met with Isabel Ge Mahe (Ge Yue), Apple's Vice President and Managing Director of Greater…

Apple will build the second data center in China, located in Ulanchap, Inner Mongolia. The new data center has been named as iCloud Northern Data Center. As the host, Bu Xiaolin, Deputy Director and Chairman of Inner Mongolia Autonomous Region met with Isabel Ge Mahe (Ge Yue), Apple's Vice President and Managing Director of Greater…

On September 20, Mobike made its way to Washington, D.C., officially landing on the North American market. It also marks that Mobike featured Chinese creativity has entered the eighth country, which is a milestone in Mobike’s international expansion and leads Chinese innovation sail abroad. Washington D.C. welcomes the arrival of Mobike. The two sides worked…

On September 20, Mobike made its way to Washington, D.C., officially landing on the North American market. It also marks that Mobike featured Chinese creativity has entered the eighth country, which is a milestone in Mobike’s international expansion and leads Chinese innovation sail abroad. Washington D.C. welcomes the arrival of Mobike. The two sides worked…