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China Daily Brief

China Tech Daily Briefing (Oct. 15)

Oct 15, 2018 by The Passage Team
  1. Didi, Meituan claim to have deregistered 200,000 ride-sharing cars in Nanjing.
  2. Baidu Waimai rebrands as Star.Ele; further merges with Ele.me in business structure.
  3. Huawei ranks third, after Samsung and Apple, in global mobile sales in September.
  4. Alibaba denies Indian reports on Paytm’s potential acquisition of UCWeb.
  5. HTC plans to launch blockchain smartphone Exodus on Oct 22.
  6. Livestreaming platform Yizhibo officially merges into Weibo of Sina Corporation.
  7. Goldman Sachs buys Meituan-Dianping shares over USD 540 million.
  8. C Ventures leads series E+ round in Chinese streetwear E-commerce platform YOHO!
  9. Jinri Toutiao launches e-commerce app Zhidian.

(Reported by Mengjuan Li, 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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