Industry Archives - Page 318 of 320

Alibaba will establish their own shopping mall—“More Mall”

Jack Ma marked the year 2017 as the first year of Alibaba’s retail business. From 2017, Alibaba business empire expands its territory—involved in the convenience stores with Lingshoutong (零售通), supermarkets with Hema Xiansheng (盒马鲜生) and Bailian (百联), department stores with the privatized Yintai (银泰), and local life service platform with Koubei (口碑). In the whole […]

ICO is banned for allegedly illegal financing in China

On September 5, after PBOC (The People’s Bank of China) and six other administrations jointly issued Statements on Guarding against Risks of Initial Coin Offerings, a number of platforms suspended new businesses of ICOs and some even halted token withdrawal services. According to incomplete statistics, up till now, many ICO platforms, including birengou, vdpax.com, 91ICO, […]

Xiaomi sued a supermarket for trademark infringement

With higher and higher brand awareness of MI, increasing products copycat MI brand. Recently, MI’s registered trademark has been unauthorizedly used by a supermarket in Beijing. MI sued it to the court and claimed 100,000 RMB for compensation. MI company claims that all products authorized to use its registered trademarks “Xiaomi” and “MI” (original trademark […]

Meituan CEO says China has a lot to be learned about entrepreneurship and innovation

On the afternoon of September 4th. at the BRICS Summit, Wang Xing, the Meituan CEO, thinks China’s development and management in the field of Internet, especially the Internet+, has more referential significance to other BRICS countries and developing countries than the United States. Wang said that the integration between the Internet and people’s living level […]

Tencent Music Plans to Sell 3% Stock and the valuation is $10 billion now

Reported by Bloomberg on September 1. According to the informed resource, Tencent Music Entertainment Group plans to finish a new round of financing before its initial public offering (IPO), a valuation of $10 billion. Tencent Music is held by Tencent holding company. According to insider, Tencent Music plans sell 3% of its share to strategic […]

China removed long-distance call charges and roaming charges

Long-distance call charges and roaming charges are removed today on September 1, 2017. From September 1, the three operators move all domestic long-distance call charges and roaming charges, which is a good move for 2G and part of 3G users. But in the Internet era, social platforms based on data has occupied the market of […]

The Hyperloop Train of China

In the future, it may take only 30 minutes to travel from Beijing to Wuhan by taking the Hyperloop Train developed by CASIC (China Aerospace Science & Industry Corporation). In Wuhan on August 30, on the 3rd China Commercial Aerospace Forum, Shiquan Liu, the vice general manager of CASIC said that CASIC has researched “hyperloop […]

Can Jack Ma win the looming war between Alibaba and Amazon?

Can battle-tested and awe-inspiring Amazon and Jeff Bezos beat Alibaba and Jack Ma? A “historical” turning point is seemingly at hand: Alibaba could soon top Amazon in market value. On August 24, by the time the stock market closed, Alibaba’s market value was $445.5 billion, only a limit up away from Amazon’s $455.2 billion. Since […]

MIX 2 with Edge-to-Edge Screen and Possibly Facial Recognition will be Released on September 11

After a round of preheating, MI release posted a microblog today that it will host a conference on September 11 to promote its all-new edge-to-edge MIX 2. MI Mobile: edge-to-edge screen 2.0 is coming! Evolution, a perfect evolution. 309 days ago, the MIX edge-to-edge screen mobile came out. Today, we move further to the future. […]

DJI is reported to test Self-driving cars

Internet News Reports DJI On August 28, Tech-Web, a we-media, claimed it found DJI’s “secret base” in Shekou district, Shenzhen: DJI self-driving car is being tested there and Tech-Web even exposed photos of these cars. It is reported that the DJI self-driving car being tested is a Ford Edge SUV. From external observation, this self-driving […]

Wechat Pay is Available in App Store and Apple Music

Since August 29, Wechat Pay is available for users in Chinese mainland to purchase in the App Store or subscribe in Apple Music. Users can choose to bind and to use Wechat Pay in related account settings in the App Store or the Apple Music, and choose password-free payment. Users could also set in iTunes […]

Mobvoi Launched New Smart Speaker Tichome

Tichome, Mobvoi’s new smart speaker is going to get crowdfunded and be released soon. Mobvoi held a press conference on August 24th, announcing the official release of its brand new smart speakers Tichome at a price of 999 yuan. Members who were in on the crowdfund can purchase the speaker at a price of just […]

Honeymoon between sharing-bicycle companies and traditional bike makers comes to an end

A year-long “honeymoon” between sharing-bicycle companies and traditional bike makers is likely to come to an end. In past one year, the three major bicycle factories have reached cooperation with the sharing cycles. In 2016, Tianjin Pigeon Bicycle factory was the first to cooperate with ofo in July of that year, U-Bicycle company reached a […]

The progress of China’s Mars exploration

With the rapid development of deep space exploration technology, the exploration of Mars has become the target of the space power. Is there life on Mars? Can “Mars immigrant” come true? Can humans build “a second homeland” on Mars? What role will strong AI play in the construction of “Mars base”? And what’s the progress […]

JD Finance is separated from JD Group

On the evening of August 14th, JD Group released the 2017 second-quarter earnings report. The financial data of JD Finance didn’t be listed on the reports, which marked the realization of the news— “JD Finance would be separated from JD Group”. With the end of Q2, JD Finance completed the separation, and its finance data […]

Baidu’s Face Recognition Auto Gate is being tested in Beijing Capital Airport

Baidu has signed a strategic cooperation agreement with the Capital Airport. Both sides will cooperate in fields of intelligent operation, intelligent security and management, information ability construction and others, so as to promote civil aviation airport’s upgrade in the direction of the intelligence and automation. It is reported that the cooperation between Baidu AI robot […]

Baidu Sued fenbi.com and Related We-media

According to Netease Technology on August 22, Baidu has formally initiated law proceedings in Beijing Haidian District People’s Court against Xiaolong Zhang, the CEO of Fenbilantian technology co., LTD. (fenbi.com) as well as we-media Coollabs for their serious violation against Baidu’s reputation. Baidu demanded them to immediately delete infringing contents in their Weibo, WeChat official […]

Beijing Metro Fully Supports Scanning Code

Alipay’s official account on Weibo announced that Beijing Yitongxing APP was officially launched, and users could buy tickets in the APP and collect tickets from the ticket machine in the subway station. Besides, after September 20, users can directly use the NFC function in the mobile to pass the gate machine. Before, the Beijing metro […]

ofo will upgrade its locks which “snap open with single touch”

On August 22, ofo announced it has completed the R&D of the brand new smart lock supporting NFC payment and began mass production. The new locks will be released in October. Users can use their electronic devices with NFC function to open immediately ofo bike’s lock, the first smart lock supporting NFC payment in the […]

Xiaomi CEO Lei Jun: How Xiaomi Turned the Tables

Recently over 30 council members of the Yabuli China Entrepreneurs Forum (CEF) paid a visit to Xiaomi headquarter. The president of the forum, Chen Dongsheng, chaired this CEO seminar of ours entitled “Internet + Manufacturing Upgrades in China”. At the seminar, Xiaomi CEO Lei Jun shared with everyone Xiaomi’s business model, values, difficulties encountered during […]

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