Is Germany WeChat’s Backdoor to Western Consumers’ Wallets?
Lately I have been thinking about how Tencent’s WeChat can enter other markets. It has been a tremendous success in China with more than one billion users. Toge...
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Consumer Robot Brand Robosen Secures Nearly $100 Million in Round B and Round B+ Financing
Consumer-grade robot brand Robosen has recently completed a B+ round of financing, which was led by Cedarlake Capital, followed by Rencent Capital and Lightspeed China Partners.
12/30/20212 min read
Geely Releases Leishen Hi-X Hybrid Powertrain Technology
Geely Automobile officially released its Leishen Hi-X hybrid powertrain on Friday. The system features a fuel engine and a 3-speed DHT Pro motor.
12/24/20212 min read
SHEIN Launches New Eco-Friendly Clothing Line evoluSHEIN
Cross-border fast fashion e-commerce platform SHEIN announced on April 28 that it has launched a new product line called "evoluSHEIN," which commenced sales globally on April 29.
5/5/20222 min read
ByteDance Cancelled the Release of VR Product PICO 5
ByteDance has cancelled the release of the next-generation VR headset PICO 5, and will instead launch an updated version of PICO 4 next year.
12/16/20232 min read
Market Regulators Fine Online Tutoring Giants Zuoyebang and Yuanfudao for Misleading Consumers
The Beijing Municipal Bureau of Market Supervision and Administration on Monday imposed the maximum possible penalty on online education platforms Zuoyebang and Yuanfudao for unfair competition and misleading consumers.
5/11/20212 min read
Super-app Security Scandals: Meituan-Dianping and Wechat
Recently Meituan-Dianping and WeChat both came under fire for privacy and security related scandals. SEE ALSO: Baidu CEO: Chinese consumers favor efficiency at...
7/10/20182 min read
Kuaishou Live Shopping to Block Taobao and JD.com Product Links
The e-commerce unit of Chinese short video platform Kuaishou announced on Wednesday that product links with Taobao and JD.com will be excluded from some Kuaishou interfaces from 00:00 on March 1, 2022.
2/24/20222 min read
Ep. 73: KE Holdings: China’s second-largest platform?
In episode 73 of Tech Buzz China, co-hosts Rui Ma and Ying Lu return to the typical deep-dive format you’ve come to expect, with a timely look into recently listed real estate tech platform Beike 贝壳, or KE Holdings (BEKE).
9/16/202030 min read
China’s Tourism on the Rebound, Themed Tours Prosper
While the Coronavirus continues its rampage through the rest of the world, China has kept new Covid-19 cases at exceptionally low levels with sweeping measures since March.
Smart 3C Leasing Platform WOAIZUJI Completes A Round of Financing Worth Tens of Millions of Yuan
The smart 3C products leasing company, Shenzhen WOAIZUJI Technology Co., Ltd, announced that it had completed its Series A funding round worth tens of millions of yuan, led by Jinhua Ruichi Investment Management Co., Ltd.
HeyTea Sets Beverage Price Limit at $4.6
HeyTea, a beverage brand in China, announced on Thursday that it has completed product price adjustments started in January of this year.
2/24/20222 min read