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VR sales hit 10% of global level

CHINA’S virtual reality market notched up sales of 80,000 units in the second quarter, accounting for 10 percent of the global market, research firm Canalys said today. The overall VR headset market in ...

August 23, 2017, Wednesday


Mobike launches in Japan’s Sapporo

MOBIKE, one of China’s largest bike-sharing companies, is to launch today a bike-sharing service in Sapporo of Hokkaido prefecture, marking the bike-sharing giant’s debut in Japan. The first batch of ...

August 23, 2017, Wednesday


China Mobile offers new data packages

CHINA Mobile will offer more data and favorable price packages to 20 million users in Shanghai from Friday as it aims to compete with its two rival state-owned carriers. China Mobile’s users in Shanghai ...

August 23, 2017, Wednesday


Ele.me merges with Baidu Waimai

SHANGHAI-HEADQUARTERED food delivery service provider Ele.me has merged with Baidu’s food and beverage delivery service Baidu Waimai, according to a local media report yesterday. The deal is valued at ...

August 22, 2017, Tuesday


Unicom surges after securing US$12b funding

SHANGHAI-LISTED China Unicom surged by the 10 percent daily cap yesterday after releasing an agreement to attract 78 billion yuan (US$11.5 billion) from investors, including Internet giants, industry ...

August 22, 2017, Tuesday


Software park expects high growth

THE Shanghai Pudong Software Park, one of the earliest software parks in China, may generate high growth with a newly-opened sub-park boasting upgraded infrastructure and engaging in new technologies ...

August 22, 2017, Tuesday


Apple under pressure to dazzle as Chinese firms bite into market

AS Apple and Samsung gear up to launch new flagship smartphones, the market leaders are seeking a wow factor that can help them fend off challenges from rising Chinese-based manufacturers. Apple is under ...

August 21, 2017, Monday


Listed firms halt trading on Unicom investment

Several listed firms stopped trading yesterday because they are involved in investing a huge volume of private capital into state-owned China Unicom....

August 18, 2017, Friday


Bitcoin price hits US$4,410

Bitcoin price hit a new record to top 30,000 yuan (US$4,410) yesterday, seven times compared with the price a year ago....

August 18, 2017, Friday


Alibaba sees Q2 revenue surge 56%

ALIBABA Group said revenue in the second quarter surged 56 percent to US$7.4 billion amid strong growth in its online retailing platform and other business segments. Core e-commerce related income in ...

August 18, 2017, Friday


 

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