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China Daily Brief

China Tech Daily Briefing (May 30)

May 30, 2019 by The Passage Team
China Tech Daily Briefing (May 30)
  1. Luckin Coffee to open 10,000 offline stores in China by 2021.

  2. ByteDance is reportedly developing an education hardware device.

  3. Video streaming website IQIYI launches e-commerce platform Fanfanxingqiu.

  4. Xiaomi invested USD 840 million globally last year.

  5. OYO China partners with online travel agent Meituan.

  6. Short video platform Kuaishou's DAU has reached to 200 million.

  7. Smart auto-transforming robot developer Robosen raises USD 14.5 million in round A.

  8. E-commerce platform DoNew closes round A funding.

(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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