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News on the Internet & Tech Industry in China

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Facing the future

Chinese firms want to shape facial recognition standards around the world
Dec 6, 2019 (WiC 477)

When Minority Report came out in the summer of 2002, China was home to just 200 million mobile phone users and years away from launching its third-generation telecom network. Although we are still some way off replicating the dystopian ...

Workers rise up!

Chinese tech giants take flak over mistreating employees
Dec 6, 2019 (WiC 477)

After Adam Neumann walked away from WeWork with a severance package of $1.7 billion, plus a consultation fee of $185 million, his staff got less bountiful news: a fifth of them were to be axed as a result of the firm’s financial woes. Some 275 ...

Platform politics

Amazon allies with Pinduoduo in latest pairing
Dec 6, 2019 (WiC 477)

Amazon suffered a disappointment in China earlier this year after its plans to acquire e-commerce platform Kaola fell through. But its search for partners in China has now brought it into closer contact with another major player, with the US ...

Open sesame (once again)

Alibaba goes back to Hong Kong for a secondary listing
Nov 29, 2019 (WiC 476)

The debut of Alibaba’s shares in Hong Kong in November 2007 was a record-smashing moment. The territory’s benchmark Hang Seng Index was already trading at historical highs when the Chinese e-commerce firm spun off its B2B ...

Lei’s local launch

Kingsoft spin-off soars in Shanghai trading debut, in another STAR debut
Nov 29, 2019 (WiC 476)

Funny how life doesn’t turn out the way you think it will. Just ask Lei Jun, one of China’s most famous entrepreneurs. When Lei was planning last year to list Xiaomi, a smartphone maker he founded in 2010, he was confident of achieving a ...

Kuaishou spends big on CCTV’s Spring Festival gala
Nov 29, 2019 (WiC 476)

Super Bowl Sunday is a day when brands pay millions of dollars for the opportunity to make an impression with consumers. The average cost of a 30-second TV ad spot climbed to $5.2 million in 2018. There is an even more watched televised event ...

Baidu faces Magi, a new challenger in search
Nov 29, 2019 (WiC 476)

US scientist Vannevar Bush was the first person to come up with the idea of a search engine. In an article published in The Atlantic magazine in 1945, he envisaged a mechanised device called Memex, on which all books, records and communications ...

Troubled relaunch

Why Didi faced a backlash from female users
Nov 15, 2019 (WiC 474)

A survey in the China Youth Daily found that over 50% of women had experienced some kind of inappropriate touching while using buses and trains. The problem led to experiments with women-only buses and train carriages. And last week Didi ...

Full speed ahead

Huawei the big winner as China celebrates its commercial launch of 5G
Nov 8, 2019 (WiC 473)

Almost 20 years ago, when European governments were selling 3G licences for tens of billions of dollars, China was just beginning to make its way in 2G telecommunications. Its government only gave out a trio of 3G licences a decade later, after ...

Head east, and then go west?

AliExpress targets overseas sales, with big advances into Eastern Europe
Nov 8, 2019 (WiC 473)

This Saturday marks the 30th anniversary since the fall of the Berlin Wall on November 9, 1989. That night, thousands of jubilant East Germans poured into West Berlin in search of the consumer freedoms they had only seen on their TVs. The influx ...

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