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Didi Chuxing is the largest unicorn company in China valued at 50 billion USD. Over the past three years, not only did the company’s valuation grow in double digits, its investors also witnessed the highest rate of return ever of over ten thousand folds. However, despite the rapid expansion growth Didi is experiencing, the company…

The reporter learns from Shenzhen Road Management Center that Shenzhen plans pilot smart dock lock of shared bikes. When residents return bikes in demonstration region, lock pile could read label and automatically lock bikes. The demonstration site, located in Yuehai Sub-district, Nanshan District in Shenzhen, will set up 30 parking areas, 2000 lock piles and…

On September 29, a netizen called Wu Liang released an article titled In Today's Version of Alibaba Baba and Forty Thieves, Alibaba itself is Forty Thieves on Zhihu, claiming “Alibaba unexpectedly took our technical proposal in the name of the cooperation and completely copied our app." According to ‘Wu Liang’, the "smart skin quality measurement"(智能测肤)…

On September 25th, the Shenzhen City Procuratorate arrested two suspects—Yang and Wu—on the suspicion of using third-party software to modify personal accounts on shared bicycles and over 20,000 RMB (around $3000)  from 34 different users. It is noticed that shared bicycle companies always launched a variety of promotions and gave out red pockets to users.…

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…

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…

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…