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    Good news for apps: App Annie predicts consumers will spend 33% more in 2017

Good news for apps: App Annie predicts consumers will spend 33% more in 2017

Photo credit: manganganath / 123RF. Mobile app data analytics firm App Annie projects a 33 percent growth in consumer spend on apps this year, rising from US$61.8 billion last year

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    Morningside Ventures sets up first RMB fund as Chinese startups ditch dollars

Morningside Ventures sets up first RMB fund as Chinese startups ditch dollars

Photo credit: freerlaw / 123RF. Morningside Ventures, one of China’s earliest and most prominent tech investment funds, has just set up its first over RMB-denominated fund, reports China Money Network.

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    Xiaomi will cross $15 billion global revenue in 2017: CEO Lei Jun

Xiaomi will cross $15 billion global revenue in 2017: CEO Lei Jun

Lei Jun launched Xiaomi’s first phone in 2012. Photo credit: Xiaomi. In its home turf China, Xiaomi fell to the fifth spot behind Oppo, Huawei, Vivo, and Apple last year.

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Jack Ma’s Ant Financial to build an open marketplace for finance products

  Jack Ma’s Ant Financial to build an open marketplace for finance products

Pedestrians strolling in Pudong where Shanghai’s finance district is located. Photo credit: wangsong / 123RF. Jack Ma’s multi-billion-dollar empire is

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Baidu’s decline: the key facts

  Baidu’s decline: the key facts

Baidu’s Silicon Valley AI Lab is based in Sunnyvale, California. Photo credit: Tech in Asia. The recent high-profile departures at

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Alibaba Cloud doubles down on healthcare for its AI business

  Alibaba Cloud doubles down on healthcare for its AI business

Photo credit: daizuoxin / 123RF. Alibaba’s cloud computing unit, Alibaba Cloud, has made aggressive overseas expansion one of its top

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She’s studying Hindi in China with an eye to the future of tech

  She’s studying Hindi in China with an eye to the future of tech

Tian Siwei in the campus of Peking University where she opted to learn Hindi. Photo credit: Tech in Asia. The

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Oculus Rift has a new rival in China

  Oculus Rift has a new rival in China

Huang Chaiming, 29-year-old founder of Hypereal. Photo credit: Hypereal Though China’s VR market hit an estimated US$300 million last year,

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Alibaba to use blockchain to fight China’s fake food

  Alibaba to use blockchain to fight China’s fake food

A fake egg found on sale in China in 2012. Photo credit: China Daily. China has a fake food problem.

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