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China Daily Brief

China Tech Daily Briefing (Feb 18)

Feb 18, 2019 by The Passage Team
China Tech Daily Briefing (Feb 18)
  1. JD Finance apologizes for their app’s potential privacy breach.

  2. Huawei aims to sell 250 million smartphones in 2019.

  3. Food delivery agent Shiheng closes B2 round led by TGP and Softbank.

  4. Tencent suspends smart speaker project Tingting.

  5. Renren Car rubbishes bankruptcy report and claims operations are normal.

  6. Hillhouse Capital Group has invested USD 6 billion in 500 companies in China.

  7. Guangdong Police starts 67 official cases against P2P lending platforms for potential frauds.

  8. Tencent to crack down on trading of WeChat accounts among fradulent users.

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