Ofo Rumored in Talks to Raise 500 Million USD; Apple Updates its App Store Policy and Officially Taxes In-App Tipping for Content Creators; Tencent’s Megahit Honor of Kings Becomes the World’s Top Grossing Mobile Game & more
Spat Breaks Out Between Leading Parcel Delivery and Alibaba’s Logistic Affiliate; Alibaba Shares up 13%, Surpassing Tencent as the Most Valuable Company in Asia; LeEco’s Founder YT Jia to Assume Global Chairman of its Car Arm & more
Alibaba advances one step further in its New Retailing Blueprint;Alibaba rumored to lead a new USD 1B round in leading Food Delivery Firm;Apple wants to make a cut from the tipping function of more Chinese Apps after WeChat & more
The week's headlines also include: Tencent poised to launch virtual reality headset; Tencent said to lead in the USD 1.2b financing round of Go-Jek; E-commerce company Jumei adds 300M into powerbank sharing Ankerbox & more.
China Tech Insights is an industry research project established by Tencent Online Media Group in 2016. We cover trending topics in China’s tech sphere through investigative reporting, meticulous interviewing, surveys, and research, along with professional opinions provided by top-notch business insiders.