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China Daily Brief

China Tech Daily Briefing (April 11)

Apr 11, 2019 by The Passage Team
China Tech Daily Briefing (April 11)
  1. denies media reports of laying off more than 12,000 employees.
  2. Sunflower Pharmaceutical Group's share price drop 5.27% as the GM gets charged for murder.
  3. Alibaba's UC Browser gets access to Alipay's mini program.
  4. ByteDance opens share purchase for selected employees.
  5. Xiaomi's sale reach USD 287 million in Mi Fan Festival.
  6. Not aiming for increase in profit from cellphone business: Lenovo CEO Yuanqing Yang.
  7.'s financial arm acquires P2P company
  8. Live streaming platform Huya raises USD 327 million by issuing new stocks.
  9. OPPO launches the first 5G phone in Switzerland.
  10. OPPO to launch OPPO Pay in China with China UnionPay.

(Reported by Ruiyao Luo, staff reporter 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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