36Kr, Author at Pandaily

Tencent’s Q4 net profit rose 105 percent year-over-year, gaming accounted for 37 percent

This is the lowest proportion of game business in total revenue. On March 21, Tencent released its unaudited fourth-quarter comprehensive performance and audited annual comprehensive results as of Dec. 31, 2017.

Huawei Honor to focus on Southeast Asia in 2018

On March 12, Huawei off-shoot Honor released the 7C mobile phone priced at 899 yuan ($143), equipped with dual-cameras. Ming Zhao, president of the Huawei Honor Brand, announced Honor’s most recent achievements at a press conference.

Baidu Establishes Institute for Quantum Computing

Since the beginning of this year, quantum computing has attracted vast attention, with an increasing number of companies competing for leadership in the field. Today, Baidu announced its establishment of the Institute for Quantum Computing. It plans to establish world-class standards within the next five years and gradually integrate quantum computing into its business.

China’s Geely Invests $9B in Daimler: Alliances in the Changing Automotive Industry

On the afternoon of February 24, German auto giant Daimler released an investor relation announcement on its official website welcoming new long-term shareholders. The announcement disclosed that China’s Geely Holding Group Chairman Li Shufu has acquired 103.6 million shares of Daimler stock, accounting for 9.69 percent of equity.

Baidu 2017 Q4 Earnings Up 29 percent

Baidu has released their Q4 2017 financial report and unaudited 2017 annual financial report. In Q4, Baidu earned RMB 23.6 billion ($3.62 billion), up 29 percent year-over-year.

Mobike Awarded with UN’s Top Environmental Prize

Over the past year, the percentage of people traveling China’s major cities by bicycle has risen from 5.5 percent to 11.6 percent.

Tik Tok Climbs into App Store’s Top 10, Honour of Kings Clings to 1st Place

Although Baidu, Alibaba, Tencent and NetEase products dominate the iOS market in China, a number of companies such as Toutiao and Meituan Dianping have crept into the Top 10 ranking, according to records of iOS App downloads by App Annie in the month of October. SEE ALSO: What did Toutiao’s Buy with its $1B Purchase […]

Alipay, Ant Credit Bring Online Credit Payments to China’s Hospitals

Alipay, Zhima Credit, Ant Credit Pay and Linking Cloud jointly launched Medical Service on Credit, a medical product designed to reduce the need to queue for services, on November 7.

Los Angeles Next Stop in ofo’s North American Expansion

China’s shared bike startup ofo has entered Los Angeles and is offering bicycles for rent in Griffith Park. In celebration of the annual autumn festival, ofo arranged booths throughout the park where residents and visitors can test drive ofo bikes and experience bike-sharing culture.

Car-sharing Platform TOGO Raised $22 Million in B Round

Car-sharing Platform TOGO Received USD 22 Million in B Round Financing with SIG as Keading Investor and Zhen Fund as Following Investor

It Seems Sure that Tesla Will Establish Factory in China

On October 16, 2017, Tesla unprecedentedly released Model S/X for a country and offered charging adapter in line with China’s new national standard, which is a rare case.

JD Launched Luxury E-Commerce Platform TOPLIFE

With e-commerce platforms competing with each other in luxuries, luxury goods which were out of reach now have become commodities that could be ‘ordered simply on mobile”. Of course, you must have enough money in your bank account. Although before, JD.com hired dama (aged women) as models for luxury goods and the Gucci glasses sold […]

China will release favorable policy for foreign new energy vehicles

Once the policy is released, Tesla will be on an equal footing with the start-up car companies. On April 22, 2014, Tesla CEO Elon Musk personally delivered the first Model S cars in China to Yu Yongfu, the chairman of Alibaba Entertainment; Li Xiang, the CEO of CHJ Automotive(车和家); Chinese famous host Wang Han and […]

Mobike Reached Strategic Partnership with Shouqi Limousine & Chauffeur

One account can be used in both Mobike and Shouqi Limousine &Chauffeur and which do you prefer, this combination or Didi +ofo? Today, Mobike announced its cooperation with Shouqi（首汽约车）. They will cooperate in APP docking, service connectivity, user synergizing, brand marketing and technology R&D. If users upgrade to latest version of Mobike APP, they can […]

Chinese Apps Become Popular Overseas

Chinese apps are popular overseas, especially in Russia, America and Japan last quarter. Tool, photography and video apps are the most popular ones. In Russia, the top 250 apps in the two largest stores—— App Store and Google Play enjoy over 222 million downloads, among which about 17.88 million comes from Chinese apps, with a […]

Ant Financial will launch Face ID for package pickups

On September 14, Alipay and Cainiao Global held the Global Logistics and Supply Chain Conference (GLSC) in Shanghai, and announced that they will provide services for SMEs form the most basic payment to marketing, credit, and finance businesses. At the same time, the Ant Financial will use face recognition technology in the logistics industry, so […]

Mobvoi Launched New Smart Speaker Tichome

Tichome, Mobvoi’s new smart speaker is going to get crowdfunded and be released soon. Mobvoi held a press conference on August 24th, announcing the official release of its brand new smart speakers Tichome at a price of 999 yuan. Members who were in on the crowdfund can purchase the speaker at a price of just […]

Xiaomi Strikes Again With Mi Band

Few days ago, Xiaomi CEO Lei Jun, posted on his Weibo account thrice in a row, celebrating the successful return of Xiaomi among the top 5 bestselling mobile phones globally. This was evident from 2 out of 3 different global sales statistics reports, marking a notable reprise of comeback from Xiaomi mobile. Today, Strategy Analytics, […]

The Tmall “Auto Vending Machine” Is Expected to Be Launched This Year

Within about 20 minutes, Devin had placed an order on Tmall and purchased a new car by using the “auto vending machine.” Because his Sesame credit is higher than 750, the credit approval process takes merely a few seconds to complete, can begin making the downpayment for 10%, and the new car can be driven […]

Xiaomi Mobile’s Shipment Increased by 58%, Re-entering Global Top Five

For a long time, in IDC, Gartner, Strategy Analytics and other rankings of global mobile phone shipments, Xiaomi didn’t rank top five. Looking through the previous information, you can see the last time Xiaomi entered the global top five was in Q2 last year. According to Gartner, at that time, Xiaomi had 15.53 million shipments, […]

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