China Tech Daily Briefing (Jan 23)

1. Smartphone company Smartisan transfers right of use of patents partially to ByteDance.

2. Li Ya replaced by Ren Xuyang as CEO of news aggregator Yidian Zixun.

3. The Palace Museum to release new series of IP products in collaboration with Alibaba’s Tmall.

4. AI robot company UBTECH to reach valuation of USD 10 billion with new round of funds arriving soon.

5. Chinese Quora Zhihu’s short video app Jiying now available on Apple and IOS stores.

6. Vivo 2019 APEX concept phone displayed in promo video could be notch-less.

7. Gobi VC to invest in Philippines’ medical care and education companies.

8. Redpoint Ventures to reserve 10% of newly-raised USD 1 billion for reinvestment.

(By Xintong Chen, an intern with The Passage)