Featured Archives - Page 55 of 55

What did Toutiao’s Buy with its $1B Purchase of Musical.ly?

“I regret not having entered into China’s market earlier. Now, I can hear vibrating sounds everywhere making me uncomfortable,” said Louis Yang, founder of Musical.ly, a social network with short-form videos, on October 10 at the GGV Evolving Lifestyle Conference.

Geely Chairman Says Flying Cars to Launch in 2019

Li Shufu said Geely, Volvo and other car companies are jointly developing an open electric model under the code PMA. “We’ve learned from Google’s Android, and PMA’s pure electric module is open,” Li said.

Singles’ Day Turns into Math Class as Alibaba, JD.com Argue

This year’s Singles’ Day is just over, but Alibaba and JD.com are already fighting about how to calculate and record who had the most transactions.

NUTS Pro 2: Full-Screen Phone for 2,000 yuan

Nuts Pro 2 (4G memory + 32G flash memory) sold from 1799 RMB, up to 3299 RMB for highest configuration (6G memory + 256 flash memory)

Zhou Hongyi Makes Bold Move: Qihoo 360 Returns to Chinese Index Via Shell Company

China’s internet security giant Qihoo 360 is set to listing on the Shanghai stock exchange after it was delisted from the New York Stock Exchange last year.

China Positioned to Lead the World in Electric Autos

A BYD Tang was sighted in the parking lot of Chrysler’s headquarters in Auburn Hills, Michigan in June. Chrysler purchased the vehicle as a reference for its forthcoming 2018 Jeep Cherokee. A US automaker was ‘learning’ from BYD Tang’s experience.

McDonald’s Assumes New ‘Golden Arches’ Name in China

McDonald’s name change became an online joke after its announcement on October 25. Records from the Administration of Industry and Commerce show McDonald’s changed its Chinese business name to “Golden Arches (China) Co. Ltd” on October 12.

It Seems Sure that Tesla Will Establish Factory in China

On October 16, 2017, Tesla unprecedentedly released Model S/X for a country and offered charging adapter in line with China’s new national standard, which is a rare case.

Transsion, the King of Mobile Phone in Africa Makes a Fortune in Low-profile

In a newly built office building in the technology zone of Shenzhen’s Nanshan District lies a plain-looking phone company. This company has few Chinese users, yet it sold over 80 million phones worldwide, far more than Xiaomi and vivo. The Shenzhen-based company named Transsion mainly targets the African market. According to the data of IDC, […]

The Father of World’s Largest Telescope Died 25 Days Before the Debut

Undoubtedly, the debut of FAST (Five-hundred-meter Aperture Spherical Telescope) once again brought the Chinese scientific community to the world. On October 10, the appearance of FAST team together with its result about pulsar has immediately attracted attention both at home and abroad. George Hobbes, the director of world-famed CSIRO Parkes Radio Telescope, commented: this is […]

Sogou Files IPO in U.S and What’s the New Story to Tell

Sogou will go public in the U.S. and take a big step forward. Yesterday, Sogou formally submitted its prospectus to the U.S. Securities and Exchange Commission. Sogou plans to raise up to 600M dollars through IPO. If all goes well, Sogou will be another eye-catching listed company this year after Snap, MuleSoft, Yext, Carvana, Cloudera […]

Apple’s Customer Service Says iPhone 8’s “Blowout” Mainly Because of Improper Transportation

On September 13 in the morning, Apple released a series of new products. The new iPhone 8 could be booked from September 15 and would be sold publicly on the 22. About half a month after the launch, though Apple hasn’t released its official sales figures, there have been reports that the new iPhones are […]

Jack Ma Just Ate His Own Words

He Swore ‘Never Do Games Business’ While Now Enter Game Industry in High Profile In June 2010, when talking to the then Chinese Premier Wen Jiabao, Alibaba Chairman Jack Ma said, “we firmly believe games couldn’t change China. China pursues single-child policy. If children play games all the time, what will our country be like […]

Shared Phone Charger Startups Closed Down One after Another

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 is on the heels of Amazon

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 Become Popular Overseas

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 […]

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