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China's Domestic Smartwatch Phone Market Sees 17 Mln Shipments in Q1-Q3 2019

CAICT, 11/04/19

During the first three quarters of 2019, total smartwatch phone shipments in China reached approximately 17.4 mln units, according to new figures released by the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Driverless Truck Technology Developer TuSimple Wins USD 55 Mln Series C

36kr.com, 11/21/17

Beijing-based driverless truck technology developer Tusen Weilai Technology (TuSimple) has announced completion of USD 55 mln in Series C funding led by Hong Kong-based Composite Capital, with participation from Chinese internet company Sina (Nasdaq: SINA) and Zhiping Capital. Read More

Baidu, BAIC Aim for Mass Production of Autonomous Cars by 2021

Tencent Tech, 10/13/17

Beijing-based automaker BAIC Group and Chinese internet company Baidu (Nasdaq: BIDU) have announced the formation of a group level strategic partnership concerning autonomous cars, telematics, and cloud services. Read More

O2O Logistics App 'Yunniao' Raises USD 100 Mln Series D

Ctsbw.com, 2/13/17

Beijing-based Yunzhong Xiaoniao Technology, operator of local O2O logistics app Yunniao.me, recently announced completion of USD 100 mln Series D funding led by Warburg Pincus, and with participation from Matrix Partners China and GSR Ventures. Read More

Rumor: Xiaomi to Release Consumer Drone

iiMedia, 2/18/16

Chinese Android device maker Xiaomi will reportedly release a consumer drone with a 350 mm rotor-to-rotor distance, according to a leaked picture and schematic obtained by Chinese media. Read More

China Issues Mobile Car Hire Service Regulations

Ministry of Transport, 10/10/15

China's Ministry of Transportation (MOT) today released regulations for operating online and mobile car hire services which will be implemented beginning November 9 this year. Read More

Chinese Fitness App 'Paopao' Lands RMB 8-digit Pre-A

Tencent Tech, 10/28/14

Beijing-based Tengmini Technology, operator of Chinese fitness app Paopao, has landed RMB 8-digit pre-Series A funding from Legend Capital. Read More

Xiaomi Invests RMB 84 Mln in GPS Company Careland

Careland, 10/09/14

Shenzhen-based GPS systems maker Careland Computing Systems Technology today announced that it will raise RMB 84 mln through a private offering to two companies, Tianjing Jinxing Investment and Tianjin Shumi Investment. Read More

51Buy Adds Delivery Tracking Feature to Mobile App

Sina Tech, 8/07/13

Chinese internet and mobile services firm Tencent's (0700.HK) consumer electronics B2C e-commerce site 51Buy has added a package tracking feature to its mobile client, allowing users to retrieve information regarding the exact location of their packages, as well as contact delivery people directly. Read More

Kuaidi Dache to Release Self-Service Taxi Booking Terminal

DoNews, 7/09/13

Hangzhou-based Kuaizhi Technology, developer of mobile taxi-booking app Kuaidi Dache, recently announced that the company will soon release self-service taxi-booking terminals, which will be installed in heavy traffic public areas, such as office buildings, movies theaters, and malls. Read More