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China Daily Brief

China Tech Daily Briefing (Nov 24)

Nov 24, 2018 by Ruiyao Luo
China Tech Daily Briefing (Nov 24)

 Tencent Music reportedly to list in NASDAQ on 12 December

 Female focused E-commerce Mocu Street to raise USD 87.4 million in NASDAQ IPO

 Bike-sharing startup ofo stopped cooperation with P2P lending platform PPmoney after users’ query

 Alibaba’s market valuation exceeds Facebook’s; ranks 5th in tech companies list on NASDAQ

 JD.com's stock price dropped by 5% on Friday; now less than its first day trading price

 Meituan Dianping’s stock price drops by 12%, the biggest drop since its listing

 Short video app Tiktok tops the App store download list in US

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 Ruiyaoluo@thepassage.cc.

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