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Startup Digest

China Tech

November 06, 2017

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

Startup Digest China Tech is curated by:
Xu Tao

Xu Tao - Founder of 硅谷早知道, Editorial Director at 36Kr

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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Alibaba, Tencent Pressured to Live Up to $450 Billion Rally

Lulu Yilun Chen - Bloomberg

After Alibaba Group Holding Ltd. and Tencent Holdings Ltd. added more than $450 billion of combined market value this year, investors are counting on the pair to at least match projections for quarterly revenue growth of more than 50 percent, and sustain a similarly blistering pace in 2018.

Tencent's Red-Hot E-Book IPO Sets Stage for Music Arm Debut

Crystal Tse , Vinicy Chan , and Lulu Yilun Chen - Bloomberg

China Literature priced shares at HK$55 apiece, top of range. Tecent Music seeks bank pitches for IPO of at least $1 billion.

High Probability for U.S.-China Trade Tension in 2018: Miller

Bloomberg

Leland Miller, CEO of China Beige Book International, tells Pimm Fox and Lisa Abramowicz why optimism about China’s economy is based on misconceptions.

China’s Tech Titans Set Sights on Car Innovation

Charles Clover and Sherry Fei Ju - FT

Baidu, Alibaba and Tencent move up a gear in race to build ‘smartphones on wheels.

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