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China Daily Brief

China Tech Daily Briefing (Apr 04)

Apr 4, 2019 by The Passage Team
China Tech Daily Briefing (Apr 04)
  1. Chinese e-commerce platform Ruhnn Holding makes Nasdaq debut.

  2. LinkedIn data shows Alibaba, Baidu and ByteDance are China’s top 3 companies to work for.

  3. Xiaomi sets up new company that could provide real estate rental services.

  4. Tencent picks up 6.7% stake in e-commerce platform Youzan.

  5. Huawei aims to increase revenue from consumer business to USD 150 billion by 2023.

  6. CTIA, trade association for wireless communications industry, reports China and US are leading the global 5G race.

  7. Animation video website Bilibili offering raises USD 824 million.

  8. ByteDance officially launches productivity tool Lark for overseas market.

  9. Chinese regulator approves first 197 blockchain firms, including initiatives by Tencent, Alibaba and Baidu.

  10. Tencent sells USD 6 billion in bonds, marking Asia's biggest dollar bond sale this year.

(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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