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Daily Briefing

China Tech Daily Briefing (Aug 01)

Aug 2, 2018 by Ruiyao Luo
China Tech Daily Briefing (Aug 01)
  1. Live streaming website bans anchor for offensive speech about Nanking Massacre
  2. Pinduoduo responds to counterfeit controversy: blocks 10.7 million product in one year
  3. Report says Alibaba and postpone the CDR
  4. Alibaba reveals holding 12% stock of ofo with US 343 million investment
  5. Alibaba sold some of Didi’s share to Softbank in September 2017 for US 639 million
  6. Alibaba’s is seeking for US 3 billion
  7. Baidu’s net profit in 2018 Q2 reaches US 967 million with 45% increase year to year
  8. HUAWEI becomes the second largest smartphone brand replacing Apple
  9. Second hand E-commerce Xiangwushuo closes B+ round funding
  10. Oneplus tops the high-end smartphone market in India exceeding Samsung and Apple
Ruiyao Luo

Ruiyao Luo is a Beijing-based tech reporter. She focuses on emerging startups and tracks the trends in the startup industry in India and China. She can be reached at

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