China Tech Daily Briefing (Feb 22)

1. ByteDance adds a new brand called Zijiechuizi, after acquiring copyright for a part of the name from Smartisan Technology.

2. Baidu’s profit in Q4 2018 was USD 4 billion, higher than expectations.

3. iQiYi’s net loss in Q4 2018 expands, shares drop over 2% after trading starts.

4. HelloChuxing to launch hitchhike ride hailing service nationally on February 22.

5. Bytedance’s Jinritoutiao app promotes new social media feature called Circle.

6. Didichuxing tops Fast Company magazine's most innovative company list.

7. JD Finance app authorizes third party to examine if their app is taking private information of users without permission.

(By Carl Zhou, intern with The Passage)