Tech

Tech

Alibaba acquires stake in digital ad platform Focus Media

Alibaba will acquire a 6.62 percent stake in outdoor and digital ad platform Focus Media for 9.63 billion yuan to strengthen synergies between e-commerce and digital advertising.
Tech

Didi to have a go at Japan's tough taxi and ride-hailing market

Didi said it has set up a joint-venture with SoftBank called Didi Mobility Japan Corp and aims to roll out the service starting in autumn this year. 
Tech

iQiyi acquires gaming firm for US$300m

The online video platform – dubbed China's Netflix – is acquiring Chengdu-based Skymoons Technology as part of its diversification plans.
Tech

Google launches game on Tencent's WeChat

Google's Caihua Xiaoge mini game is available on the country's top social media app, WeChat.
Tech

Didi gets US$500m funding from Booking Holdings

Booking Holdings is investing US$500 million in the Chinese ride-hailing company to offer more integrated services to both firms' customers.
Tech

Shanghai's Pinduoduo e-commerce platform seeks US$1.9 bln in IPO

The Shanghai-headquartered social-media based discount platform Pinduoduo seeks up to US$1.87 billion in an IPO on the NASDAQ as competition heats up.
Tech

Vatti refunds consumers after France win World Cup

Vatti promised in June that consumers would be fully refunded for buying related kitchen products if the French soccer team claimed the World Cup crown.
Tech

Panasonic showcases future tech in Shanghai show

The event, which opened Friday, represents the Japanese firm's latest tech for future city, entertainment and home sectors.
Tech

Singles Day 10 year anniversary to feature streaming bonanza

Alibaba's video streaming site Youku said it will partner with Zhejiang TV and Shanghai Dragon TV to showcase globalization and new retail elements on this year's Singles Day. 
Tech

AI helps popularize China's mini music video app overseas

ByteDance, parent firm of Toutiao and Douyin (Tik Tok), said 20 percent of total users are coming from overseas markets, Shanghai Daily learned Friday.
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