Tencent’s WeChat said on Tuesday it is temporarily suspending registration of new users in China as it works to comply with “relevant laws and regulations,” the latest Chinese firm to face regulatory scrutiny in the world’s largest internet market. In a social media post, Tencent said it is “upgrading” its security technology to align with …
Hello and invite back to TechCrunch’’ s China roundup , an absorb of current occasions forming the Chinese tech landscape and what they suggest to individuals in the remainder of the world. The tech market in China has actually had rather a rough week. The federal government is overthrowing its $100 billion personal education sector, …
China roundup: Keep down internet upstarts, cultivate hard tech Read More »
After running at a loss for 14 years, JD.com’s logistics subsidiary is preparing yourself for a going public in Hong Kong. JD Logistics will price its share in between HK$ 39.36 and HK$ 43.36 each, which might see the company raise as much as about HK$ 26.4 billion or $3.4 billion, according to its brand-new …
JD Logistics, China’s answer to Amazon’s logistics ambitions, to raise $3.4B in IPO Read More »
For American importers, finding suppliers these days can be challenging not only due to COVID-19 travel restrictions. The U.S. government’s entity list designations, human rights-related sanctions, among other trade blacklists targeting Chinese firms have also rattled U.S. supply chains. One young company called International Compliance Workshop, or ICW, is determined to make sourcing easier for …
Hong Kong startup ICW eyes supply chain diversification demand amid trade war Read More »
As Ant Group takes the world’s attention with its record going public , which was quickly aborted by Beijing , experts and financiers are reviewing Tencent’s fintech interests, acknowledged as Ant’s archrival in China. It’’ s rather made complex to do this, not least due to the fact that they are stretched throughout a variety …
The race to be China’s top fintech platform: Ant vs Tencent Read More »
The COVID-19 pandemic has ushered in a wave of Chinese companies with manufacturing operations to produce virus-fighting equipment: Shenzhen-based electric vehicle giant BYD quickly moved to launch what it claims to be the world’s largest mask plant; Hangzhou-based voice intelligence startup Rokid is making thermal imaging glasses targeted at the US market; and many more. The …
Fitbit’s Chinese rival Amazfit mulls a transparent, self-disinfecting mask Read More »
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The coronavirus outbreak is posing a devastating impact on people’s life and the economy in China, but there’s a silver lining that the epidemic might have …
China Roundup: Amid coronavirus, tech firms offer ways to maintain China’s lifeblood Read More »
In a rare instance of bipartisanship overcoming the rancorous discord that’s been the hallmark of the U.S. Congress, senators and sepresentatives issued a scathing rebuke to Apple for its decision to take down an app at the request of the Chinese government. Signed by Senators Ron Wyden, Tom Cotton, Marco Rubio, Ted Cruz, and Congressional …
Hello and invite back to TechCrunch’’ s China Roundup, an absorb of current occasions forming the Chinese tech landscape and what they suggest to individuals in the remainder of the world. It’s been an extremely hectic recently of October for China’s tech managers, however initially, let’s have a look at what a few of them …
China Roundup: TikTok stumbles in the US and Huawei shipments continue to surge Read More »
Two lawmakers have asked the government’s most senior U.S. intelligence official to assess if video-sharing app TikTok could pose “national security risks” to the United States. In a letter by Sens. Charles Schumer (D-NY) and Tom Cotton (R-AR), the lawmakers asked the acting director of national intelligence Joseph Maguire if the app maker could be …
