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China Daily Brief

China Tech Daily Briefing (Apr 08)

Apr 8, 2019 by The Passage Team
China Tech Daily Briefing (Apr 08)
  1. South Korean automaker Hyundai Motor denies tie-up with Tencent on driverless car software.

  2. Alibaba-backed parenting platform Babytree plans to expand globally within three years.

  3. Huawei P30 Series sold out before noon on official release day (April 6) at VivoCity in Singapore.

  4. Record labels demand more money for songs played on TikTok.

  5. Alibaba-backed influencer firm Ruhnn’s stock drops 37% after its US IPO.

  6. China UnionPay reports that customers will be paid in full after instances of credit card fraud.

  7. Zengame, a casual mobile game developer, launches Hong Kong IPO but is facing the risk of anti-gambling law.

  8. cancels basic pay for delivery persons.

(Reported by Shuyue Li, 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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