Pinduoduo denies diversifying into logistics.
Two co-founders exit from ofo’s subsidiary company.
Tencent and Alibaba reportedly plan to put brakes on investments.
Tencent Music Entertainment garners rave reviews from JP Morgan.
27 year-old Chen Jiajun new CEO of smart phone manufacturer Coolpad.
JD’s digital lending business reaches USD 135.4 billion.
Alibaba-backed movies ticket platform Maoyan reportedly targets USD 345 million in HongKong IPO.
Huawei respects intellectual property rights, says founder Ren Zhengfei.
(By Xintong Chen, intern at The Passage)