Techmeme

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South China Morning Post:
Yixin, a Chinese online car marketplace and financing provider, closed up 5%+ in its Hong Kong debut on Thursday, valued at $6.5B, after raising $870M in an IPO   —  But the online car retailer's CEO believes Yixin's flotation can help Hong Kong achieve its ambition of becoming a tech IPO hub
Nov 17, 2017, 5:15 PMIn context
Zen Soo / South China Morning Post:
Chinese online lender WeLab, which tracks users' mobile data including number and nature of apps installed to determine creditworthiness, raises $220M Series B+   —  Proprietary big data and AI tech helps company whittle down delinquency rates  —  If you are looking to take out a loan …
Nov 13, 2017, 8:50 AMIn context
Meng Jing / South China Morning Post:
Xiaozhu, China's Airbnb, raises $120M led by Jack Ma-backed Yunfeng Capital bringing the total raised to $270M   —  Home-sharing company hopes to use Alibaba Group's resources to fend off Airbnb and traditional hotels as it improves services and expands into more cities in China
Oct 31, 2017, 10:30 PMIn context
Li Tao / South China Morning Post:
Major Chinese e-commerce platforms JD.com and Suning.com discount iPhone 8 by up to 15% to encourage orders   —  Suning.com and JD.com offer discounts on the ‘most poorly sold flagship iPhone model in China’  —  Unlike the frenzy generated by pre-orders for the wallet-busting iPhone X on Friday …
Oct 31, 2017, 12:05 AMIn context
Li Tao / South China Morning Post:
A look at Honor, the budget smartphone brand that helped propel Huawei to the #2 spot among world's smartphone vendors   —  Honor is projecting that its international sales will account for about half of total sales in 4 to 5 years.  It is targeting 20 overseas markets including the US, India and Russia
Oct 16, 2017, 10:20 AMIn context
Laura He / South China Morning Post:
Chinese ultra-thin flexible display maker Royole raises $240M in equity financing and $560M in debt financing   —  Chinese start-up that makes the world's thinnest full-colour flexible display was valued at US$3 billion recently, making it one of the world's fastest-growing unicorns
Oct 3, 2017, 12:25 AMIn context
Zen Soo / South China Morning Post:
Chinese bike-sharing giant Mobike enters US with Washington DC launch, a month after rival Ofo launched in Seattle   —  Chinese bicycle-sharing giant Mobike has debuted in the US market with its entry into Washington, a month after rival Ofo launched its services in Seattle as the two companies vie for market share around the world.
Sep 23, 2017, 5:25 AMIn context
Nectar Gan / South China Morning Post:
China's domestic security and intelligence chief, Meng Jianzhu, urges increased AI use to predict social unrest, combat terrorism, more   —  Artificial intelligence can complete tasks with a ‘precision and speed unmatchable by humans’, official says  —  China's domestic security …
Sep 21, 2017, 4:15 PMIn context
Nectar Gan / South China Morning Post:
Weibo orders users to verify their real names by September 15 following China's new restrictions on anonymous online conversation   —  Deadline comes as government seeks to tighten its grip on online speech ahead of next month's Communist Party congress  —  China's Twitter-like microblogging site Weibo …
Sep 9, 2017, 5:30 AMIn context
Amanda Lee / South China Morning Post:
At a KFC outlet in Hangzhou, China, Alipay launches “Smile to Pay”, the first commercial system to use facial recognition to identify payers   —  Ant Financial, which operates the Alipay electronic payment platform used in Alibaba's Taobao and Tmall online shopping sites …
Sep 2, 2017, 8:20 PMIn context

Sponsor Posts

Microsoft:
How to bring more water to more people?  —  Danish company Grundfos uses Microsoft Azure and IoT to improve efficiency across millions of water pumps and pipes.
eero:
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Smartsheet:
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Zoho:
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Worldpay:
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