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China Daily Brief

China Tech Daily Briefing (Mar 20)

Mar 20, 2019 by The Passage Team
China Tech Daily Briefing (Mar 20)
  1. Online travel firm Fliggy launches cross-border shopping platform Feizhugou.

  2. Remote connectivity solution provider TeamViewer establishes China office in Shanghai.

  3. Baidu buys stakes worth USD 3.6 million in medical equipment manufacturer Neusoft Medical Systems.

  4. Alibaba’s AI labs to invest USD 15 million to protect dialects.

  5. Alibaba and Tencent reportedly to bid for 10% shares worth USD 3 billion in health and beauty retail group Watsons.

  6. Zhang Tong, ex-director of Tencent AI Lab, joins Chinese investment firm Sinovation Ventures.

  7. Duoshan, ByteDance's social networking app, loses lawsuit with Tencent for data abuse; court rules Tencent retains rights of users' profile names and pictures.

  8. Tencent launches gaming platform “START Cloud Gaming”, currently in beta for Guangdong and Shanghai districts.

(Reported by Mengjuan Li, intern with 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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