Unicorns

 Didi Rolls Out Random Spot Checks of Driver Biometrics in China

Didi Rolls Out Random Spot Checks of Driver Biometrics in China

Didi Chuxing has set up a special police response team within its customer service system to carry out random biometric checks of drivers at China’s leading ride-hailer.

Sep 27, 2018
Liao Shumin
Bitmain Becomes China’s Third Crypto Rig Maker to File for Hong Kong IPO

Bitmain Becomes China’s Third Crypto Rig Maker to File for Hong Kong IPO

Bitmain Technologies Holding, the world’s largest producer of crypto mining equipment, has officially filed for its initial public offering in…

Sep 27, 2018
Liao Shumin
Didi Debuts Taxi-Hailing Service in Japan

Didi Debuts Taxi-Hailing Service in Japan

Didi Mobility Japan, the joint venture between leading Chinese ride-hailer Didi Chuxing and multinational conglomerate Softbank, has launched a new…

Sep 27, 2018
Xu Wei
Shanghai Offers Fertile Ground to Integrate AI, Healthcare, Health Official Says

Shanghai Offers Fertile Ground to Integrate AI, Healthcare, Health Official Says

Shanghai will be the cradle for artificial intelligence and healthcare industry integration, a city health official said yesterday.

Sep 20, 2018
Quan Xiaoxin & Qian Tongxin
DJI, Cambricon and Megvii Make List of China’s Top 50 AI Firms

DJI, Cambricon and Megvii Make List of China’s Top 50 AI Firms

China Money Network, the artificial intelligence-based news platform that tracks China’s venture capital and technology sector, unveiled its China AI Top 50 ranking of the country’s AI firms at…

Sep 20, 2018
Miao Qi
Xiaomi Will Leapfrog Others in AI via AI+IOT, Founder Says

Xiaomi Will Leapfrog Others in AI via AI+IOT, Founder Says

Xiaomi will fully exploit its advantages to get ahead in artificial intelligence technology through AI+IOT, Lei Jun, China’s leading internet entrepreneur and founder…

Sep 18, 2018
Lv Qian
Alibaba’s Cainiao Network Invests in YiLiu to Digitize Entire Logistics Chain

Alibaba’s Cainiao Network Invests in YiLiu to Digitize Entire Logistics Chain

Courier aggregator Cainiao Network Technology under Alibaba Group Holding will invest in Shenzhen YiLiu Technology, an Internet of Things…

Sep 13, 2018
Xu Wei
Ofo Denies Reports It Can’t Keep Up With Salary Payments

Ofo Denies Reports It Can’t Keep Up With Salary Payments

Chinese bike-sharing provider Ofo has denied reports claiming it only paid some of its staff salaries last month, amid conflicting…

Sep 12, 2018
Xu Wei
China Bans Online Carpooling Services in Wake of Second Didi Murder This Year

China Bans Online Carpooling Services in Wake of Second Didi Murder This Year

Chinese authorities have outlawed online carpooling services nationwide after the death of two passengers using Didi Chuxing, and will not…

Sep 11, 2018
Tang Shihua
Mobike’s Heavy April Loss May Have Been Due to Seasonal Factors, Former Shareholder Says

Mobike’s Heavy April Loss May Have Been Due to Seasonal Factors, Former Shareholder Says

Mobike Technology ran up a loss of almost CNY500 million (USD73 million) in April, though the result may not have…

Sep 11, 2018
Li Jun & Xu Minhua
Didi Keeps Flouting Ride-Hailing Rules Despite Promises to Right Its Wrongs

Didi Keeps Flouting Ride-Hailing Rules Despite Promises to Right Its Wrongs

Ride-hailing giant Didi Chuxing is still hiring unapproved drivers in Zhengzhou, Henan province, despite its pledge to fall in line…

Sep 10, 2018
Xu Wei
Didi’s First-Half Loss Balloons to USD590 Million

Didi’s First-Half Loss Balloons to USD590 Million

Didi Chuxing, the ride-hailing titan battling the aftershocks of two passenger murders this year, saw its loss widen 61 percent in the first half.

Sep 7, 2018
Liao Shumin

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