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Daily Briefing

China Tech Daily Briefing (May 5)

May 5, 2018 by Ruiyao Luo
China Tech Daily Briefing (May 5)
  1. Alibaba earns CNY 61.93 billion in 2017 Q4, to see 60% increase of revenue in 2019
  2. Chinese travel website got CNY 100 thousand fine due to fake discount
  3. Baidu’s Li Yanhong says will donate to Alma Master Peking University again
  4. Several staffs of bytedance are discredit-listed due to bribery
  5. WeChat enterprise version sees 500% increase in users year-on- year
  6. Chinese hailing-service company Dida Chuxing expands to 29 cities
  7. Xiaomi’s inventory days is only 45 shorter than H&M
  8. Chinese adult product ecommerce TOUCH got CNY 5 million in 2018 Q1
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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