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China Daily Brief

China Tech Daily Briefing (May 10)

May 10, 2019 by The Passage Team
China Tech Daily Briefing (May 10)
  1. Tencent launches new advertising brand Tencent Marketing Solution.

  2. Film production company Wanda Media made USD 119 million at the box office in April.

  3. Second-hand trading unicorn Zhuanzhuan launches sportswear certificate platform Qieke.

  4. The second-hand vehicle market can reach up to RMB 2000 billion in 2025, says CEO of car sales startup Chehaoduo.

  5. Human resource service platform Qianchengwuyou's revenue in Q1 2019 up by 12.4%, while the deficit is down by 74.5%.

  6. Second-hand real estate startup Hailuojia closes pre-A round funding.

  7. Smart home company ORVIBO raises USD 19 million in series C.

  8. Video streaming web IQIYI.com denies report of laying off 20% employees.

(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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