Chinese apartment rental platform Ziroom announced on Nov. 30 to acquire and merge with Bestbond, an operator for boutique long-term apartment rentals, amid the ongoing bankruptcy buzz in China’s apartment rental industry. Established in 2013, Bestbond currently has 31 projects with about 5,000 rooms across China, targeting white collar workers in China located in major…
Episode 62 of Tech Buzz China is on co-living and co-working, two of the formerly hottest — and now possibly coldest — sectors in China tech.
As the coronavirus spreads around the world creating a new wave of panic and uncertainty, the VC landscape starts to look desolated again.
Chinese apartment rental platform Ziroom was involved in a series of controversies amid China’s developing COVID-19 crisis. Recently, several media reports have accused the company of taking advantage of vulnerable groups and evicting tenants from Hubei.
Property managers on Ziroom often lack the patience and ability to effectively communicate with tenants and the company seems only to be interested in passing the buck when facing complaints.
With the development of the Internet, Chinese youngsters can now enjoy convenient life services simply by installing several applications on their smartphones, such as renting apartments with housing platforms like Ziroom and riding with ride-hailing apps like Didi.
Recently, the weather in Beijing has gradually cooled, but I still get sweaty after getting pushed and shoved back and forth while commuting on the subway. After the hour-long commute, all I want to do the moment I get home is to take a quick shower. But more often than not, I'd find myself greeted…