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China Daily Brief

China Tech Daily Briefing (Mar 6)

Mar 6, 2019 by The Passage Team
China Tech Daily Briefing (Mar 6)
  1. Tencent CEO Pony Ma in top 20 of Forbes World’s Billionaires List.

  2. Several Chinese ecommerce platforms drastically lower rice of iPhone XS.

  3. Tech firm Sina made USD 537 million in revenue in Q4 2018, a year-on-year growth of 14%.

  4. News aggregator Qutoutiao's fourth quarter report shows 426.1% rise in revenue, and a 629% YOY increase in losses.

  5. Xiaomi will release 5G mobile phones in domestic market very soon, says CEO Lei Jun.

  6. Alibaba Group gains substantive control over Alibaba Pictures as parent company.

  7. Social app Liao Tian Bao dissolves its team; founder Luo Yonghao gave up shares a week ago.

(Reported by Carl Zhou, intern at The Passage)

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

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