Tik Tok, the overseas version of Douyin, was the world’s most downloaded non-game app in iOS App Store in Q1 2018. NewsDouyin DAU tops 150 million, Toutiao’s short-video streaming app reveals user number for the first time3 mins read
All you need to know about what happened in the tech world today. NewsToday’s Tech Headlines: Naspers in talks to invest in Carousell; Baidu reportedly to issue CDRs3 mins read
About a month ago, Carousell announced a USD85- million Series C round led by Rakuten Ventures and EDBI. NewsDeals | Naspers, investor behind the savviest bet in Tencent, is rumored to invest in Carousell2 mins read
Alibaba & JD.com battle for ‘smart retail’. NewsChinese e-commerce giants battle to perfect ‘smart retail’ as e-commerce market saturates2 mins read
Xiaomi looks to issue CDR amidst losses. InsightsWhat Xiaomi revealed in its CDR filings: A slow shift to internet services5 mins read
The WhereIsWhere app is here to help brick-and-mortar stores. Q&AWhereIsWhere interview: How a S’pore startup looks to revolutionize physical channels via its location-based marketing platform4 mins read
Chinese regulators introduced CDR trial rules last week. NewsBaidu reportedly to be the first overseas-listed Chinese company to relist in China, ahead of Alibaba and JD3 mins read
All you need to know about what happened in the tech world today. NewsToday’s Tech Headlines: Ant Financial invests in Xingbianli; Baidu preparing for CDR issuance application3 mins read
Byton, formerly known as Future Mobility, was founded in Nanjing in 2016 and is led by former BMW executives. It claims its concept SUV costs 40% cheaper than a Tesla Model X. NewsDeals | Telsa’s Chinese rival Byton raises $500m from China’s oldest automaker FAW and largest EV battery maker CATL2 mins read
The startup also counts Sequoia Capital, Lightspeed China Partners, China Renaissance, and Vision Plus Capital as backers. NewsDeals | Ant Financial bets on China’s staffless snack bars; strategically invests in Xingbianli3 mins read
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