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China Daily Brief

China Daily Briefing (October 10)

Oct 10, 2018 by The Passage Team
  1. Smart scooter company Niu Technologies aims USD 95 million in US IPO.
  2. Tencent drops out of global Top 10 technology companies by market value.
  3. Bullet Messenger and Video streaming app Douyu have been pulled down from App Stores after copyright complaints.
  4. JD “Global Yet Local” to invest CNY 10 million in promoting followers-targeted activities.
  5. GOME, Dangdang and Xiaomi settle into e-commerce platform Pinduoduo.
  6. Didi and ofo both deny the acquisition deal rumoured to be at USD 2 billion.
  7. Social media platform Weibo closes registration for teenagers under 14, effective next month.
  8. Top 3 Chinese telecommunication operators’ “Unlimited Package” regarded as a deceptive slogan.

( Mengjuan Li is an intern with 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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