During the Spring Festival, Meitu, an image processing app, launched an activity called “win money with face score”. Chinese Internet giants used AI (artificial intelligence), AR (augmented reality) and other technologies to develop diverse ways of gifting money.
Nanjing University has announced the establishment of its Artificial Intelligence School, dedicated to building a first-class base for fundamental artificial intelligence research and talent development.
Recently, Baidu formally announced the establishment of Smart Living Group (hereinafter referred to as SLG). SLG is comprised of Baidu Duer Department, Baidu Hardware Eco-Channel Department and Raven Studios.
On February 27 at the 2018 MWC (Mobile World Conference) in Barcelona, Spain, OnePlus announced a strategic partnership with Swedish telecom giant Telia. With this partnership, OnePlus steps forward in the Nordic market, and plans to sell the OnePlus 5T in Sweden this month.
Last night, Xiaomi announced on its Weibo account that it partnered with Google to manufacturer one of the first mobile phones with Google ARcore functionality. Xiaomi mobile phone users will be the first to experience ARcore.
Recently, ZCOOL received $15 million of series B+ financing from Shutterstock, a NYSE-listed world-famous digital content supplier. This is the first time that Shutterstock has invested in an Asian distributor. ZCOOL completed its series B of financing in 2016.
Railway stations in Beijing, Shanghai, Nanchang and other cities adopted facial recognition systems that identify each passenger in three seconds. Shenzhen Railway Police formed a robot police team for the Spring Festival. China’s train-ticketing website 12306.cn developed Graphics Verification Code security to prevent ticket scalpers.
On February 19, Xiaomi opened its first authorized store in the Philippines and attracted more than 2000 people to the store.
2017 was a year of great changes in China’s retail industry. New retail methods, new industry definitions, new categories and new technologies emerged.
During the first month of 2018, the major Chinese companies Alibaba and Huawei were denied access to the US market. Undeniably, the cautiousness of the Chinese and US governments on investment have made it increasingly difficult for Chinese companies to expand their business to the US market.
China’s first private satellite named Fengmaniu-1 was launched on February 2, 2018. The owner is Feng Lun, chairman of YuFeng Capital.
Tencent and Facebook are operate social empires in the East and the West. Their market valuations are similar, and commentators often attempt to compare these two companies and imagine a competition. The competition between Facebook and Tencent is similar to a battle between the Asian tiger and the African lion.
Huawei brought its Mate 10 Pro into the American market at CES. But under pressure from Washington, AT&T pulled out at the last minute and decided not to carry the phone. At this time, the Mate 10 Pro is not sold by any mainstream operator.
Toutiao founder and CEO Zhang Yiming spoke to graduates employed by the product department at the Toutiao Bootcamp.
iMarkets reported on January 31 that Sequoia Capital, which has invested in Google and Apple, plans to raise an $8 billion venture capital fund to support Chinese investors.
Self-driving car bring unlimited business opportunities, including laser radar which has attracted a lot of players. Quanergy just completed the construction of a new plant whose annual output is about one million units, will have another big move in China in 2018.
Kai-fu Lee, chairman and CEO of Sinovation Ventures, spoke at the Davos World Economic Forum on the development of China, European and American venture capital and technology companies.
Shares of JD.com hit a record high on Janary 27 after rising steadily since December 2017. The price started at $48.23, broke through the $50 mark and closed at a record high of $50.5 a share.
In the age of artificial intelligence, a new war in ride-hailing services is beginning.
Alibaba recently released its 2017 data related to social responsibility. During 2017, Alibaba paid more than 100 million yuan per day in taxes, drove more than 290 billion yuan in tax payments through upstream and downstream companies and created 33 million jobs.