NewsBaidu rolls out affordable, camera-based sensor system for autonomous drivingIt has ten cameras and can detect objects 700 feet away. 1 min read
Alipay has 647 million monthly active users. NewsAlipay says it now hosts over 80% of China’s asset management companies1 min read
It called for “time and patience.” NewsOfo can’t pay its debts, but says it is confident of a “comeback”1 min read
A novel idea in 2017, mini programs now account for the vast majority of traffic for some apps. NewsThe MAUs of WeChat, Alipay, and Baidu’s mini programs now add up to more than 1 billion2 mins read
It is all about the much-needed funds. NewsChinese EV maker Lixiang is undergoing a reshuffle to list overseas1 min read
Xiaomi’s new, slightly less ambitious goal is to be among the top 3 vendors in China. InsightsXiaomi founder expects a “protracted war” in the smartphone sector until 5G goes mainstream2 mins read
It aims for threefold growth this year. NewsE-commerce site Zhenkunhang raises USD 160 million in Series D round led by Tencent1 min read
It also backed an Indian unicorn called Delhivery. NewsChina’s Fosun RZ Capital invests in Indian payroll and HR software startup Kredily1 min read
This time, it is Pinduoduo and JD.com. NewsTencent-backed Kuaishou adds more e-commerce channels to its short video and live streaming app2 mins read
