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China Daily Brief

China Tech Daily Briefing (May 15)

May 15, 2019 by The Passage Team
China Tech Daily Briefing (May 15)
  1. Huawei settles copyright infringement lawsuits with Samsung from all over the world in Guangdong, China.

  2. Xiaomi to buy back 10% of its shares.

  3. More than 20 online education apps blocked in app stores due to pornographic content.

  4. Social platform Renren's loss in Q4 2018 down by 133% to USD 23.3 million.

  5. Xiaomi tops Indian smartphone market with a 8.1% increase in sales.

  6. Tencent's battle survival game Heping Jingying earns USD 20 million in five days.

  7. Alibaba ranks second in brand value after Amazon, according to annual rankings from ad group WPP.

  8. Youth social platform Jimu closes round A.

  9. OnePlus launches OnePlus 7 Pro starting at USD 669.

(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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