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China Daily Brief

China Tech Daily Briefing (Apr 13)

Apr 13, 2019 by The Passage Team
China Tech Daily Briefing (Apr 13)
  1. Alibaba’s Jack Ma defends Chinese tech firms’ 996 work schedule, the 9am to 9pm workday, six days a week.

  2. Beijing market regulation bureau orders five food-delivery platforms, including Meituan, to improve self-regulation.

  3. ByteDance claims it has helped 9000 families find missing family members through information content platform Toutiao.

  4. Kuaishou reportedly acquires photo chat app Xiatou.

  5. Tencent invests in cancer treatment platform QTC Care.

  6. Short video e-commerce platform Fenlai closes USD 10 million in Pre-A funding.

  7. Meitu is using AI on the virtual makeup service.

  8. Cancer treatment company Creative Bioscience closes USD 44.8 million in Round B.

(Reported by Ruiyao Luo, staff reporter 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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