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Daily Briefing

China Tech Daily Briefing (May 8)

May 8, 2018 by Ruiyao Luo
China Tech Daily Briefing (May 8)
  1. Chinese newly raising social-ecommerce Pinduoduo is beset by so called systematic rumors
  2. Chinese social website sees 41.8% decrease in net deficit
  3. Baidu’s founding member Cui Shanshan returns to Baidu as head of HR and enterprise culture
  4. Chinese hotel chain company ttg finishes Pre-A funding
  5. Car-sharing startup LIKE finishes B round funding leading by Ant Financial
  6. Smart data system company Heihu Technology raises CNY 50 million in A+ round
  7. Xiaomi may release Mi 7 tomorrow
  8. Bytedance denies the news of new funding
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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