This startup wants to make China’s electric scooters as desirable as iPhones

 China is a big country with big cities and big roads. Imagine what it must feel…

Alibaba’s local commerce platform, Koubei, raises $1.1 billion

 Alibaba just reported a very impressive quarter of business, but there was a small nugget of notable…

Chinese bike-sharing startup Mobike snags strategic investment from Foxconn

 Just weeks after landing a $215 million Series D funding round, Chinese bike-sharing service Mobike has…

Half of China’s population now uses the internet on a mobile device

 The growth of smartphone sales may be declining, but the reach of mobile internet in China…

Crunch Report | Apple Suing Qualcomm for $1 Billion

Apple is suing Qualcomm for $1 billion, the hit app Meitu may be collecting too much…

Xiaomi stops disclosing annual sales figures as CEO admits the company grew too fast

 Xiaomi has forgone its tradition of revealing how many smartphones it sold the previous year. The…

Alibaba is buying Chinese mall operator Intime for $2.6B to modernize offline retail

 Alibaba is continuing its efforts to get into and modernize offline retail after the e-commerce giant…

China’s Tencent takes on the App Store with launch of ‘mini programs’ for WeChat

 Today marks the tenth anniversary of the iPhone, a device that practically invented the smartphone genre…