China’s third-largest bike sharing company closes amid financial troubleChina’s third-largest bike sharing company closes amid financial troubleBluegogo, China’s third-largest bike sharing company, has reportedly run into financial trouble with unpaid wages and users struggling to get deposits refunded, which analysts say marks a turning point in the country’s aggressively expanding bike sharing industry.

Tencent's WeChat Pay to be launched in EuropeTencent's WeChat Pay to be launched in EuropeChinese technology giant Tencent has signed an agreement with Wirecard, a Germany-based payment service provider, to launch its WeChat Pa…

Tesla's next move in Chinese market: Localization of productionTesla's next move in Chinese market: Localization of productionAlthough Shanghai Lingang Holdings Co and Shanghai Electric Group Co refuted a rumor that the two Chinese companies will be involved in T…

Ford to make Focus in China as Trump seeks return of manufacturingFord to make Focus in China as Trump seeks return of manufacturingUS carmaker Ford Motor has recently said that it will build its next-generation Focus compact cars in China, which will be exported to th…

Tencent's startup investment frenzy now reaches outer spaceTencent's startup investment frenzy now reaches outer spaceTencent Holdings Ltd. is best known for super-app WeChat and its relentless pace of startup investment. Now the Chinese social media gian…

Mobike eyes British market in global competition with rival ofoMobike eyes British market in global competition with rival ofoChina's leading bike-sharing firm Mobike will make inroads into Britain on June 29, a latest push in its global expansion that started wi…

Chinese regulators formulate standards to guide smart home industryChinese regulators formulate standards to guide smart home industryOver the past few weeks, artificial intelligence (AI) robots made the headlines twice —with Google’s AlphaGo defeating world Go No.1 Ke…



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