Alibaba, Tencent, Didi and other tech firms pour $12B into mobile operator China Unicom

Alibaba, Tencent, Didi and other tech firms pour $12B into mobile operator China Unicom

 China is about to take net neutrality to the next level after a group of influential tech companies that includes Baidu, Alibaba, Tencent, Didi Chuxing and JD.com agreed to invest nearly $12 billion into state-run mobile operator China Unicom.
China Unicom is the country’s second largest operator with 269 million mobile customers, which makes it one of the largest in the world. The… Read More

Beijing’s public transport system gets an app for paying fares — but Apple isn’t invited

Beijing’s public transport system gets an app for paying fares — but Apple isn’t invited

 Apple continues to be locked out of China’s massive mobile payments space. The latest reminder came this week when Beijing’s transportation system opened up to smartphone payments… via an Android app. Already Tencent’s WeChat Pay and Alibaba’s Alipay services dominate China’s mobile payment space, which is estimated to have processed $3 trillion last year,… Read More

Hong Kong’s Gobee raises $9M to take on China’s bike-sharing unicorns worldwide

Hong Kong’s Gobee raises $9M to take on China’s bike-sharing unicorns worldwide

 China’s Ofo and Mobike may be the Uber of bike-sharing thanks an early head start and more than $1 billion in cumulative funding that’s financing aggressive international expansions, but that isn’t deterring smaller players.
Hong Kong’s Gobee Bike, one such upstart — which literally operates in the shadow of those two Chinese giants — just announced a $9… Read More

Here’s Tim Cook’s explanation on why some VPN apps were pulled in China

Here’s Tim Cook’s explanation on why some VPN apps were pulled in China

 Last weekend Apple removed all major VPN apps from the App Store in China. In a statement the next day provided to TechCrunch, it explained that China requires all VPN developers to have a license issued by the government, and they’ve been required to remove some VPN apps in China that don’t meet the new regulations. The three sentence statement didn’t really go into depth on… Read More




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