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China Daily Brief

China Tech Daily Briefing (Apr 03)

Apr 3, 2019 by The Passage Team
China Tech Daily Briefing (Apr 03)
  1. Ofo rubbishes reports of it going bankrupt.
  2. Qian Chen, the former CTO of Chinese smartphone maker Smartisan, joins Baidu.
  3. Coffee chain startup Luckin Coffee mortgages its movable property for USD 6.7 million.
  4. Baidu to launch self-driving taxi service in the second half of 2019.
  5. Xiaomi becomes China’s most popular TV Brand in 2019.
  6. Meituan’s payment arm faces regulator heat over document slipups.
  7. Pet product brand Boqii Co. plans to raise at least USD 100 million in IPO.
  8. China approves 30 imported video games, including Tencent’s and NetEase’s.

(Reported by Shuyue Li, intern at The Passage)

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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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