The transportation war has become increasingly brutal in China, with Uber playing catch up since its launch in 2013.The San Francisco-based taxi-hailing company is burning $1 billion to compete against its number one rival DidiChuxing (formerly DidiKuaidi).To put that value into perspective, $1 billion is approximately how much Uber earned per year in its top 30 cities around the world.Didi, heavily armed with financing from local tech giants like Alibaba Group Holding Ltd. and Tencent Holdings Ltd., is dominating the market. DidiChuxing raised about $2 billion in its latest round of funding, Bloomberg News reported.
Zhou Qi is one of China’s most remarkable hardcourt figures today. With an imposing height and incredibly huge wingspan, Zhou looks a draftable prospect for the NBA although the question remains whether the same level of impact the way Yao Ming did.
Facebook, the social media giant has supposedly won a rare lawsuit in China! Yes, China! The same place where Apple had no chance of winning theirs. Facebook have been victorious in a rare copyright victory in China after a Beijing court dismissed a local company's attempt to register "face book" as a separate trademark.In the ruling that was out, the company that registered for a trade mark had in fact violated moral principle according to the court ruling with "obvious intention to duplicate and copy from another high-profile trademark." The decision was come to a conclusion back in April itself but due to little or null coverage of news regarding this, you might now have read or heard about this anywhere. Now you do!
A higher court ruled that Apple failed to prove it is the owner of the iPhone trademark in China, while ruling in favor Xintong Tiandi, a leather products maker.
Well, Chinese electronics firm Xiaomi are now up to another project. A smartwatch for kids? Because China! According to a recent administrator in their website, the product is true after all with a price point of around 46US$. While a proper smartwatch from Xiaomi arrives in the second half of 2016, the company has launched a smartwatch for kids.
Tim Cook throws a jab at market naysayers who are painting a gloomy picture of Apple’s long-term profitability following the company’s declining sales in China which the CEO attributed to the country’s own macroeconomic woes. Despite the plummeting sales, Apple still posted the highest ever revenue among its tech rivals.
A recently published 29-year study reveals a 17-fold and 11-fold increase of childhood obesity among boys and girls, respectively, in rural Shandong province in China. The catastrophic rise of obese children in nearly three decades coincides with the country's immense GDP growth along with penetration of Western diet in Chinese modern food culture.
In December 2015, 167 countries around the globe flew to 'UN climate talks in Paris.' They will gather back in New York to sign 'the climate accord.'
Facebook Exec meets with China’s propaganda chief in what most analysts as the social network’s another attempt to make inroads into the world’s largest internet market. However, censorship rules set by Beijing clash with Zuckerberg’s commitment to promoting free speech wherever possible.
A report published yesterday revealed that Samsung Galaxy S7 and S7 Edge have received a roaring response in pre-orders. The pre-orders opened in China on March 11.
A new troubling report revealed satellite images showing China’s newly-installed "high-frequency radar installation" purportedly to enhance Beijing’s ability to monitor surface and air traffic in the hotly disputed South China Sea.
The United States and China have finally arrived at an agreement to impose new and tougher sanctions on North Korea.
Recent civilian satellite images show China putting missiles on Chinese-occupied Woody Island of the Paracel Island chain heightening tensions in the South China Sea.
The United States and China have met to discuss how they should handle North Korea after the country carried out an unsanctioned nuclear test.
The China Food and Drug Administration has busted 35 restaurants for illegally using opium poppies.
