Industry Archives - Page 319 of 320

Will the short Music Video be a flash in the pan?

In 2016, the most powerful social platform in China was undoubtedly the live broadcasting platform, but in 2017, it is short MV which has more trills and is thus more magical that plays the key role. In march of this year, Tik Tok, an UGC short video platform subordinated to Headline Today, suddenly became quite […]

Baidu Takeout will be Sold

After months of seesaw battle, the fate of Baidu Takeout may soon be decided, mostly likely to be taken over by ele.me. Currently, ele.me official responds that they have no comment on it, and Baidu has ambivalent attitude without responding clearly. According to what a core high-ranking figure told touchweb, Baidu Takeout ever negotiated with […]

Keep becomes China’s largest social sports platform

On August 13, Keep, China’s sports APP, announced that the number of registered users broke 100 million, which marked that Keep had become a member of mobile Internet club with more than 100 million users. It also marked the birth of China’s first sports App that had more than 100 million subscribers, and became China’s […]

With over 400 Million Users, How did Tencent’s WeSing Make a Fortune?

Under Tencent’s Internet expansion strategy, the company’s WeSing (lit. Karaoke for Everybody)—a karaoke app that wasn’t heavily invested in—became surprisingly popular. Aside from being relatively popular on the market, this free karaoke app has become the true embodiment of “making a fortune silently”. Li Chun, the managing director of the app, said there are already […]

Entrepreneur Bashed by Industry for Receiving Financing by Hacking

On August 15th, an article titled, “Receive Financing from Angel Investor Charles Xue after Hacking into his Accounts, Creating Fair Trade for 1.5 Million Gamers Online” was published on Pencilnews.cn, sparking extensive discussions across the industry. Pencilnews disclosed in the article how Zhu Pan, the founder of the online trading platform for gamers—4931.com, was able […]

DJI is Secretly Developing Automatic Drive

In the mid-2017, during Shenzhen municipal CPPCC, Frank Wang, the CEO of DJI, aired his opinion of unmanned aerial vehicle (UAV). Speaking of UAV regulation, most measures are bans, which greatly limit the use of UAV as well as the application of new technologies. With the increasingly rigid air policy, DJI is going to explore […]

China’s Cable TV is Strongly Impacted by IPTV

Industry data shows that by the end of the second quarter, the number of cable digital TV subscribers in China had declined to 159.93 million households, for the first time below 160 million. According to the industry, the IPTV and OTT business has significantly impacted the subscription of cable digital television. It is known that […]

Vice President of Tencent says Wechat will never read and store chat log

Huawei and Tencent in standoff over user data triggers discussion on the definition of user authorization and data security. On August 15, Ding Ke, vice president of Tencent, responded to the Beijing News about the above questions for the first time. He said that Tencent held an internal meeting with Huawei executives on Friday, which […]

Alibaba to open first unmanned retail store

Alibaba has announced that it will open its first unmanned retail store in Hangzhou at the end of the year. This project is part of the new strategy for TMall, Alibaba’s online retail arm, which aims to improve traffic flow and discover more complex business scenarios in the unmanned retail sector Mr. Ying Hong, the […]

Xiaomi Strikes Again With Mi Band

Few days ago, Xiaomi CEO Lei Jun, posted on his Weibo account thrice in a row, celebrating the successful return of Xiaomi among the top 5 bestselling mobile phones globally. This was evident from 2 out of 3 different global sales statistics reports, marking a notable reprise of comeback from Xiaomi mobile. Today, Strategy Analytics, […]

Sharing Gym Appeared in Beijing

Recently, sharing gym have appeared in one neighborhood in Beijing, which occupies as small area as the newsstand. Its external wall impressively has words “Mipao — self-help fitness”. So, what do these mini gyms have inside? Self-service gym covers an area of about 4 square meters. It only has a treadmill inside, equipped with TV, […]

China now has 751 million Internet users

Recently China Internet Network Information Center (CNNIC) released the 40th China Statistical Report on Internet Development (hereinafter referred to as “Report”) in Beijing. The Report shows that by June 2017, the number of Internet users in China had reached 751 million, accounting for a fifth of global netizens. The Internet penetration rate was 54.3%, surpassing […]

The Richest Man in China Now Is No Longer Jack Ma

Just recently, Pony Ma surpassed Jack Ma as being China’s richest man! According to Forbes recently updated real-time rankings statistics, Pony Ma’s personal net assets have reached 36.9 billion USD, ranking him 18th in Forbes listing of the richest people in the world. For the first time, he has surpassed the founder of Alibaba, Jack […]

Chinese Government Praises JD Logistics and Rookie Logistics for their Contribution to Trade Efficiency

According to the official website of the Ministry of Commerce, in its recently released The 2016 Retrospect and Prospect of China’s Domestic Trade Development, MOFCOM praises JD Logistics, Rookie Logistics and a number of other modern logistics enterprises as they adopt informationized and intelligent means, innovate cooperation modes and constantly improve the efficiency of logistics […]

The Tmall “Auto Vending Machine” Is Expected to Be Launched This Year

Within about 20 minutes, Devin had placed an order on Tmall and purchased a new car by using the “auto vending machine.” Because his Sesame credit is higher than 750, the credit approval process takes merely a few seconds to complete, can begin making the downpayment for 10%, and the new car can be driven […]

Xiaomi Mobile’s Shipment Increased by 58%, Re-entering Global Top Five

For a long time, in IDC, Gartner, Strategy Analytics and other rankings of global mobile phone shipments, Xiaomi didn’t rank top five. Looking through the previous information, you can see the last time Xiaomi entered the global top five was in Q2 last year. According to Gartner, at that time, Xiaomi had 15.53 million shipments, […]

Will unstaffed convenience stores bring about the revival of offline retail stores?

The new business of opening up unstaffed convenience stores was suddenly a hot topic recently. Startup companies flocked to the idea; industrial big names and business giants are also gearing up, eager to take a shot at the business. In December of 2016, following Amazon’s opening of its first self-driving grocery store in Seattle—Amazon Go, […]

Baidu Waimai is rumored to be in merger talks with Ele.me

According to a Caijing report, after Baidu Waimai (the food delivery unit of Chinese search engine company Baidu Inc.) discussions with S.F. Express (SF) were called off, Baidu Waimai maintained financial connections with Ele.me. Negotiations between both parties are now reaching a close, and if everything goes smoothly, results will be released within 2-3 weeks. […]

Kai-Fu Lee: I disagree with Elon Musk’s “AI will destroy humanity”

Frankly speaking, I do not quite agree with the view of Elon Musk’s that “AI will destroy humanity”. I have specific views about five areas: AI is just a tool and far from superintelligence. Based on my work experience in the research, development and investment of the AI field over the last 37 years, such […]

The Class Divide of Video Streaming in China: Village Cowboys VS. Urban Celebrities

In China, the tech world is rife with rivals. For bike sharing, there’s Mobike and ofo. For ride-hailing, there’s Didi and Uber (and we know how that turned out). And for vlogging and short videos, there’s Miaopai and Kwai. Much like Vine and Twitter, Miaopai shares a close relationship with Sina Weibo and can be […]

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