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China Daily Brief

China tech daily briefing (Nov 30)

Nov 30, 2018 by The Passage Team
China tech daily briefing (Nov 30)
  1. Bytedance in talks with Wall Street banks to raise USD 1.5 Bn in loans.

  2. Meitu rubbishes improper data collection and privacy breach allegations.

  3. Huawei claims to be on the verge of crossing USD 100 Bn in revenue in 2018.

  4. Bullet Messenger’s updated version allows direct links to apps like Taobao, Weibo and TikTok.

  5. OPPO to launch foldable mobile phone next February.

  6. Power bank sharing company Jiedian Technology fined USD 287,936 over copyright infringement.

  7. E-commerce app Mogu Inc. might go public on 5 December.

  8. Gionee founder Liu Lirong blacklisted over USD 28.8 Mn debt.

(Reported by Mengjuan Li, an intern with the Passage)

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