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China Daily Brief

China Tech Daily Briefing (Nov 16)

Nov 16, 2018 by The Passage Team
China Tech Daily Briefing (Nov 16)
  1. RYB Education’s share price drop by 50% after Chinese government ban kindergarten companies from listing.

  2. O2O giant Meituan stops car rental business in pilot city.

  3. Bike-sharing startup ofo reportedly involved in 20 lawsuit cases.

  4. Chinese government makes rules to standardise shared rental accommodation platforms like Airbnb.

  5. Tencent uses face recognition in time control system for mobile games.

  6. Xiaomi reportedly in talks with photo editing company Meitu for potential cooperation.

  7. Meituan’s daily order reaches 20 million.

  8. Jia Li quits as head of Google AI China center to pursue research.

(Reported By Xintong Chen, an intern 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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