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.

Chinese overseas M&A investment surged 148% in 2016: Hurun reportChinese overseas M&A investment surged 148% in 2016: Hurun reportChinese companies’ cross-border mergers and acquisition (M&A) deals surged both in number and amount in 2016, with private businesses an…

China’s online cosmetics retailer to scale up investment in shared phone chargersChina’s online cosmetics retailer to scale up investment in shared phone chargersJumei’s CEO Chen Ou claimed he’ll continue to invest into shared power bank company Ankerbox by $100 million on Saturday, in bid to boo…

Chinese game company to buy out US Gay Dating App GrindrChinese game company to buy out US Gay Dating App GrindrBeijing Kunlun Tech Co., a Chinese Internet games company, said yesterday it will offer $152 million for the remaining 38.47 percent stak…

WeChat eyes search business to rival BaiduWeChat eyes search business to rival BaiduWeChat, the highly popular mobile messaging app owned by China's leading Internet giant Tencent, recently added a new search function in …

Chinese firm mulls using drones for express delivery serviceChinese firm mulls using drones for express delivery serviceChina's largest express delivery company SF Holding is planning to deliver packages using unmanned aircraft in a bid to enhance work effi…

Mobike to manage chaotic bike parking with smart parking systemMobike to manage chaotic bike parking with smart parking systemBike-sharing firm Mobike will install a smart parking system in its key designated parking lots in Beijing in an effort to manage random …



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