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China Daily Brief

China Tech Daily Briefing (Dec 3)

Dec 3, 2018 by The Passage Team
China Tech Daily Briefing (Dec 3)
  1. Ofo strikes deals with 9 online P2P lending platforms for affiliate advertising at a below par rate.

  2. Founder Hu Weiwei no longer has stakes in Mobike.

  3. Tencent develops decryption tool to tackle blackmail virus Ransom/Bcrypt.

  4. China Mobile closes the bidding for 5 Mn NB-IoT modules.

  5. IoT company LOHE raises USD 1.5 Mn in angel round.

  6. Gree Electric sees a revenue increase of USD 7.3 Bn in 2018.

  7. Apple to surpass Samsung and Huawei in production volume and global market share in fourth quarter.

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

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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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