Internet & Tech « Week In China - Part 9

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Internet & Tech

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Qihoo 360 plays up national security in hope of China return
Nov 17, 2017 (WiC 388)

There are 2,090 companies listed on Hong Kong’s stock exchange but not all of them are classed as investment-worthy. Several hundred have been thinly traded for years or seen their core business cease trading altogether. A firm on the ...

China Literature’s IPO sizzles in Hong Kong – attracting $66.7 billion
Nov 10, 2017 (WiC 387)

Little did Thomas Hardy know he’d invented the nomenclature for a new genre when he left Henry Knight dangling from a cliff edge at that end of a chapter in A Pair of Blue Eyes. The cliffhanger, as it was subsequently known, was a ...

Alibaba boss stars in Tai Chi film as Singles’ Day looms
Nov 10, 2017 (WiC 387)

Jack Ma once said that he wished he hadn’t left his life as an English teacher, as he was happier without the stress of managing a multibillion-dollar business. But perhaps what Ma really wants to be is a performer. He’s been known to ...

Latest fundraising sees Meituan become the world’s fourth biggest unicorn
Nov 3, 2017 (WiC 386)

China is no stranger to food safety scandals. The latest culprit was a unscrupulous food deliveryman, who was caught on camera opening a customer’s order, taking a few bites, and then spitting a mouthful back into the food. Emblazoned in a ...

Short original videos are the hot new thing on China’s internet. Why so?
Oct 6, 2017 (WiC 383)

Jiang Yilei’s rapid rise to stardom seemingly came out of nowhere. It started in 2015 when the trained actress began posting short videos on social media. The Shanghai-native ranted about subjects as diverse as her nagging parents and ...

Facing its first proxy fight, will Sina follow in Yahoo’s footsteps?
Sep 29, 2017 (WiC 382)

In many ways Yahoo and China’s Sina Corp are similar companies. Both started out as internet portals – and in the dotcom era both ruled the roost in their business habitat. But both were then beaten at their own games by younger and savvier ...

Intel’s big expansion plans in China
Sep 29, 2017 (WiC 382)

Intel turns 50 in 2018, and its critics say the company is displaying all the hallmarks of a mid-life crisis. For the first time since 1992, Intel lost its crown as the world’s largest semiconductor chip maker to Samsung during the second ...

Facial recognition tools spread across China
Sep 15, 2017 (WiC 380)

From ale to jail – that is how the Guardian newspaper described it earlier this month when Chinese police used facial recognition technology to nab criminals and drug users at the Qingdao Beer Festival. Over 100 people were rounded up during ...

Smartphone maker Xiaomi tries out toilets as part of ‘Made in China 2025’ dream
Sep 1, 2017 (WiC 378)

At the China-Israel Investment Summit in Zhuhai earlier this year Xiaomi boss Lei Jun delivered the keynote speech, but spent surprisingly little time discussing his brand’s flagship smartphone products. Instead he told the tale of a different ...

Baidu sheds food delivery unit
Sep 1, 2017 (WiC 378)

In February this year a brawl broke out between two gangs: one clad in blue, the other in yellow. But the combatants weren’t traditional thugs. They were employees of rival food delivery companies Ele.me and Meituan, fighting over territory in ...

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