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China Daily Brief

China Tech Daily Briefing (Nov 6)

Nov 6, 2018 by The Passage Team
  1. Chinese streaming video website iQIYI.COM sues movie review portal douban.com for allegedly slandering its self-made video program.

  2. Xiaomi to invest USD 383 million for a 40 thousand square meters land in Beijing to build new office, according to reports.

  3. Europe would be the new focus of Xiaomi’s international expansion: CEO Lei Jun.

  4. Tencent to insert time control and real-name identity system in all game products.

  5. HUAWEI to test 5G with unnamed Indian partner next year.

  6. Home appliance company Midea Group to invest USD 200 million to build a factory in Pune.

  7. Smart 3D printing startup HIM3D raises USD 47 million in series A round.

  8. Softbank reportedly made an investment in Bytedance. The amount of investment was not disclosed.

(Reported by Ruiyao Luo, 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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