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Daily Briefing

China Tech Daily Briefing (May 9)

May 9, 2018 by Ruiyao Luo
China Tech Daily Briefing (May 9)
  1. gets CNY 15 billion net profile in 2018 Q1
  2. Alibaba’s Quantum laboratory invents quantum circuit simulator named Taizhang
  3. Coolpad sues Xiaomi for patent infringement
  4. Drone company DJI to finish new funding soon
  5. Lenovo to integrate smart phone with PC business
  6. Car-selling website Qiche Zhijia gets CNY 480 million in 2018 Q1 with 47.5% increase
  7.’s senior executive: The third party logistics will exceed self-support in 5 years
  8. Chinese MRO ecommerce Gongpinhui raises CNY 200 million in B1 round
  9. Alibaba buys out Pakistan ecommerce Daraz
  10. Xiaomi releases sweeper robot
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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