CategoryStartups

Recently, sharing gym have appeared in one neighborhood in Beijing, which occupies as small area as the newsstand. Its external wall impressively has words "Mipao -- self-help fitness". So, what do these mini gyms have inside? Self-service gym covers an area of about 4 square meters. It only has a treadmill inside, equipped with TV,…

Sharing economies are becoming more and more daring and imaginative in China. Besides the already existing shared bicycles, basketballs, umbrellas, portable batteries, you can even "share" bedrooms now. Lately, the concept of “shared sleeping capsules” have emerged in Beijing, Shanghai, Chengdu and other cities. Beijing-based Xiangshui (means shared sleeping) Space is a self-service resting pod…

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…

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…

Beijing Metro announced a partnership with the Beijing Municipal Administration Traffic Card to launch mobile swipe-to-ride service on June 26. The first phase will will see NFC subway payment available on the subway's Fangshan Line. Some 160 NFC-capable mobile phones by brands such as Xiaomi, Huawei, Samsung, Nubia, OnePlus and Meizu will support the new…

Hundreds of workers in bright yellow uniforms assemble small yellow bicycles at the Tianjin Flying Pigeon bicycle factory on May 19. The workers hurriedly attach the wheels and gears to each frame, and every 15 seconds a new ofo unit is born. Workers at the end of the line load each new bike into cardboard…

Anything is possible in business. The “Sharing economy” has penetrated into every aspect of life: sharing bicycle, sharing umbrellas (which though proved to be a failure within only one day.) What are the problems behind this seemingly endless economy model? And where do we go from here? 2016 truly was the year of “sharing economy".…

Yesterday OnePlus launched their new flagship device OnePlus 5. Here is an interview almost 3 years ago with OnePlus founder Peter Lau, at that moment their first generation product OnePlus One just made its debut. Recently, the British magazine “Connect” published the following: “What the Moto G did for the budget end of the market,…