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China Daily Brief

China Tech Daily Briefing (May 6)

May 6, 2019 by The Passage Team
China Tech Daily Briefing (May 6)
  1. Under-21 monthly active users of messaging app QQ is up by 13% in Q4 2018, says Tencent.

  2. The total revenue of Chinese Internet companies reached USD 35.6 billion in Q1 2019, shows government report.

  3. Huawei is reportedly settling copyright disputes with Qualcomm by paying USD 500 million per year.

  4. Documents show Alibaba holds 30.2% shares in Twitter-like Chinese microblogging website Weibo.

  5. Mi Home China cancels sales bonus for salespersons.

  6. About 100,000 people used Alipay to get international driving license during Labour's Day vacation.

  7. Tencent's short video app Yoo Video is now Huoguo Video.

  8. Chinese social e-commerce platform Yunji's share price jumps 28.64% on its first day on NASDAQ.

(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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