China

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

March 31, 2017 0

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

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

March 31, 2017 0

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,

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

March 30, 2017 0

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

Baidu’s decline: the key facts

March 30, 2017 0

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

Alibaba Cloud doubles down on healthcare for its AI business

March 30, 2017 0

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

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

March 28, 2017 0

Tian Siwei in the campus of Peking University where she opted to learn Hindi. Photo credit: Tech in Asia. The tree-lined streets were peaceful and

Oculus Rift has a new rival in China

March 28, 2017 0

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

Alibaba to use blockchain to fight China’s fake food

March 25, 2017 0

A fake egg found on sale in China in 2012. Photo credit: China Daily. China has a fake food problem. Counterfeit soy sauce, rice, and

Alibaba’s favorite ‘warehouse robot’ maker gets funding

March 23, 2017 0

Photo credit: Geek+. China has been the world’s number one buyer of industrial robots since 2013, and last year surpassed Japan’s total of operating robots.

Xiaomi makes 1 phone every second in India

March 23, 2017 0

Over 90 percent of the workforce at Xiaomi’s manufacturing plants in India are women. Photo credit: Xiaomi. Xiaomi from China. We’ve gotten used to hearing