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China Daily Brief

China Tech Daily Briefing (Jan 31)

Jan 31, 2019 by The Passage Team
China Tech Daily Briefing (Jan 31)
  1. Didi reportedly ponders laying off 25% of its staff.

  2. iPhone sales on Tmall grows 76% in last two weeks after price reduction.

  3. iFlytek denies claims of shaky operations and mass job cuts, shares bounce back.

  4. Alibaba Q3 2018 revenue saw a 41% YoY growth, slowest since 2016.

  5. Microblogging platform Weibo has 430 Mn active users, 400K key opinion leaders.

  6. Netease acquires minority stake in gaming studio Quantic Dream.

  7. iQiyi launches short video app Haoduo Video.

  8. Blockchain media Xinlianjie closes angel round.

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