Business, Telecom & Wireless

Finnish Department Store Introduces Alipay To Retail Customers

Finland's department store Stockmann signed an agreement with ePassi, a mobile payment company in Finland, to formally introduce Alipay as …
Security, Software, Telecom & Wireless

DJI Offers USD30,000 Bug Bounty For App Vulnerabilities

Chinese drone maker DJI is looking for security loopholes in their flight control software and programmers who find the loopholes …
Gadgets & Electronics, Telecom & Wireless

Coolpad CEO Resigns

Chinese smartphone maker Coolpad Group announced that its chief executive officer Liu Jiangfeng has resigned and Jiang Chao, vice chairman …
Computing, Internet, Software

Alphabet Is Hiring AI Talent In China

Alphabet, the parent company of Google, is doing recruitment in China as it seeks development in this marketplace.
Business, Gadgets & Electronics, Law & Policy

Truly International Sues Letv Zhixin To Get Back CNY240 Million Investment

Truly International Holdings Limited is using the courts to go after a subsidiary of embattled Chinese tech firm LeEco.
Gadgets & Electronics

China's Midea Net Profit Up 13.85% In H1 2017

Chinese home appliances group Midea realized operating revenue of CNY124.45 billion, a year-on-year increase of 60.53%; and it achieved net …
Internet, Law & Policy

ICOs Are Dead In China As Chinese Government Nixes Cryptocurrencies

Seven Chinese regulatory bodies issued initial coin offering rules that totally ban the practice by cryptocurrency and Bitcoin wannabes.
Software, Telecom & Wireless

Huawei Upgrades Cloud Business To First Tier Within Organization

Huawei is elevating its cloud services business unit as a sign that it is focusing dedicated resources to the growth …
Business, Internet

JD To Invest USD500 Million For JV With Central Group

Chinese B2C e-commerce group JD is reportedly negotiating with Thailand's leading retailer Central Group as it aims to establish an …
Business, Internet

China's LeEco Reported Losses Of Over CNY600 Million In Q1 2017

Chinese Internet company LeEco recently published its financial report for the first half of 2017 and revealed over CNY600 million …
Internet, Software

China's Kingsoft Reports Quarterly Operating Revenue Of CNY1.284 Billion

Kingsoft published its unaudited performance report for the second quarter of 2017 stating that the company achieved operating revenue of …
Business, Internet

Chinese Online Education Site Gains USD200 Million Additional Investment

VIPKID, an online education company that matches Chinese students with North American teachers, announced in Beijing that the company has …

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