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China Daily Brief

China Tech Daily Briefing (May 14)

May 14, 2019 by The Passage Team
China Tech Daily Briefing (May 14)
  1. Xiaomi dismisses reports of e-cigarette launch.
  2. Tencent music's revenue in 2019 Q1 touches USD 835 million.
  3. JD Logistics invests USD 54.69 million in Xinning Logistics to set up a logistics big data platform.
  4. NASDAQ-listed electronic vehicle NIU breaks even in 2019 Q1 with USD 1.75 million net profit.
  5. Baidu merges its education department to the search engine business.
  6. NASDAQ-listed animation video website bilibili.com's loss in 2019 Q1 up by 238%.
  7. Online travel agency Tongcheng Yilong's revenue in 2019 Q1 rise by 17.5% to reach USD 259 million.
  8. Alipay onboards 300,000 merchants in Japan: Ant Financial president Jing Xiandong.

(Reported by Ruiyao Luo, staff reporter at The Passage)

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