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Startup Digest

China Tech

March 18, 2016

Weekly news and insights about startups and innovations happening in China.

China Tech Startup Digest is curated by:
Xu Tao

Xu Tao - Senior writer of CBNweekly

Contact Xu Tao at xu.tao@startupdigestmail.com

Edith Yeung

Edith Yeung - Partner at 500 Mobile Collective Fund

Contact Edith Yeung at edith.yeung@startupdigestmail.com

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Tencent Climbs After Mobile Games, Ad Sales Beat Estimates

LuLu Yilun Chen - Bloomberg

Tencent post a better-than-expected 45 percent jump in quarterly sales.

Alibaba is working to bring virtual reality into its e-commerce services

Jon Russell - TechCrunch

The company invested in red hot augmented reality company Magic Leap earlier this year, in a deal that put Alibaba vice chairman Joe Tsai on the board, and it has tinkered with 360 degree panoramic video for Youku Tudou — the Chinese video site it invested in and is in the process of acquiring for $3.5 billion — but this is its official entry into the space.

With ‘Smog Jog’ Through Beijing, Zuckerberg Stirs Debate on Air Pollution

Paul Mozur - NYT

Facebook’s co-founder and chief executive, Mark Zuckerberg, announced his arrival in Beijing with a blithe message about what must have been a dizzying jog through the center of China’s capital, which has been suffering from a weeklong bout of hazardous air pollution. During the past two years, Mr. Zuckerberg has made several high-profile trips to China and has done little to stifle conjecture about his ambitions to bring Facebook to the country. 

Chinese Phone Maker Xiaomi Takes Aim at Bicycle Market

Yang Jie - WSJ

Startup iRiding’s $3,000 ‘smart’ bike will be sold on Xiaomi e-commerce platform under QiCycle brand.

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