How gamification brings success to Chinese internet companies.
5 mins read
JD.com, China’s second largest e-commerce platform, announced on Wednesday a 12-month plan to buy back US$1 billion shares – worth around 3.5% of the firm’s total market cap –
No concierge. No room cards. No room telephones. Only robot receptionists, facial recognition machines for room access and Tmall Genie to fulfil your requests. FlyZoo, Alibaba’s futuristic hotel
After a US$40 million strategic investment and US$120 million Series E in 2016 and 2017 respectively, Tencent raises its stakes in YuanFudao.com (YFD) with fresh funds of US$300 million. Existing inve
Luckin’s local archrival, coffee delivery startup Coffee Box, is ramping up its offline presence with over 50 large-scale coffee stores in first-tier cities in China by early 2019. Earlier this
China’s bike-sharing sector, after a good few years of frenzy, is slowly pedalling into a new period, with Ofo’s current deposit conundrum and Mobike CEO’s sudden resignation. Hu Wei
Chinese coffee upstart Luckin Coffee, supercharged by a recent US$200 million Series B funding, is pairing up with Hong Kong-listed Meituan as the company looks to expand its customer reach given Meit
CHJ Auto (CHJ), a Beijing-based NEV (new energy vehicle) startup backed by Matrix Partners China’s RMB3 billion (US$435 million) Series B funding, announced on Monday the acquisition of LiFan Mo
