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Daily Briefing

China Tech Daily Briefing (Apr 28)

Apr 28, 2018 by Ruiyao Luo
China Tech Daily Briefing (Apr 28)
  1. Alibaba denies the news of investing in Bytedance
  2. Baidu got 227% increase of net margin in Q1
  3. Suning’s online retailer reaches CNY 69.33 billion with 46.33% increase
  4. It is reported that Chinese edutech website VIPKID raises US 500 million in new round
  5. Chinese cosmetic APP Red to raises more than US 200 million in new round
  6. OPPO invests in Indian We-media platform
  7. ZTE got CNY 1.68 billion net margin in Q1 with 39.01% increase
  8. Xiaomi’s cofounder Zhou Guangping and Huang Jiangji resigned before IPO
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

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