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China Daily Brief

China Tech Daily Briefing (Dec 12)

Dec 12, 2018 by The Passage Team
China Tech Daily Briefing (Dec 12)
  1. Huawei CFO Meng Wanzhou released on USD 7.46 Mn bail.

  2. Tencent Music raises USD 1.1 Bn in downsized US IPO.

  3. Q&A platform Zhihu denies massive layoff.

  4. Ctrip apologises for the fake hotel booking orders in Japan.

  5. Mobike investigated on charges of violating European data law.

  6. E-commerce platform Netease Yanxuan to launch offline store in Hangzhou this month.

  7. Nearly 100 Mn consumers add more than 15 pieces of items to cart ahead of 12.12 shopping festival.

  8. Social e-commerce app Fresh Buddy raises USD 100 Mn in series B funding round.

(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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