Here is this week’s roundup of China innovation stories.
Two IT corridors bridge the gaps in aspects of cooperation between China and India. When seeking and establishing more common grounds, India and China upset the US for their rises in tech development, and Dawei Chen shed some lights on how China is “luring” Indian tech firms with market access and free rent.
News about internet giants include: Tencent and Bytedance have trouble getting along while Beijing-based bike-sharing company ofo is rumored to be in serious crisis.
Moreover, in Mary Meeker’s annual “Internet Trends Report”, 9 of the top 20 global internet leaders are from China while 11 are from the United States. Alibaba impressively ranks 6th on the list.
Ele.me, the leading food delivery platform in China, announced that the company will put drones to use for food delivery services in Shanghai, marking a new era for food delivery.
Mary Meeker published the 23rd edition of the annual “Internet Trends Report” and among today’s top 20 global internet leaders (ranked by market value), 9 of them are from China and the other 11 from the U.S.
On May 31, the product launch of Xiaomi Mi 8 was held at the Shenzhen Universiade Stadium as scheduled, during which Xiaomi CEO Lei Jun unveiled seven new products.
Lenovo officially released three new phones in Beijing: Lenovo Z5, Lenovo K5 Note, Lenovo A5, and the smartwatch Watch X.
Welcome to our weekly newsletter. This week, Chinese giants Xiaomi and JD.com are making further moves for global expansion, while some tech firms in China are showing interest for social undertakings.