China’s ‘Common Destiny’ Vs. ‘America First’

According to Immanuel Wallerstein’s world systems approach, the world is a social system. This social system is made up of conflicting forces, which both hold it together through “tension” and tear it apart as each group seeks eternally to remold the system to its advantage. This is how world politics has evolved throughout modern and … More China’s ‘Common Destiny’ Vs. ‘America First’

WeChat drove nearly $33 billion in consumption in 2017

China’s most popular app WeChat is so much more than just an instant messaging app. It’s also where Chinese people order food, make doctor’s appointments, hail their taxis, and even give to charities. In addition to providing handy services to users, it opens huge opportunities for businesses, big and small. WeChat drove a total of … More WeChat drove nearly $33 billion in consumption in 2017

Xiaomi files application for IPO in Hong Kong

Beijing-based smartphone giant Xiaomi has filed its application for an initial public offering (IPO) to the Hong Kong Stock Exchange, local media is reporting (in Chinese). The long-anticipated blockbuster IPO might be the world’s biggest one in 2018. While the filing didn’t specify the exact amount Xiaomi is looking to raise, sources familiar with the … More Xiaomi files application for IPO in Hong Kong

Didi Chuxing Kicks Off Global Alliance for Car-sharing and “Purpose-Built” Vehicles

Chinese mobile car-hailing giant Didi Chuxing announced that is is teaming up with 31 global automobile makers to form the “DiDi Auto Alliance,” an international car-sharing alliance, Didi announced in Beijing on Tuesday. The alliance aims to foster the co-development of pure electric vehicle, intelligent driving technologies, shared car services and other on-demand transport services, … More Didi Chuxing Kicks Off Global Alliance for Car-sharing and “Purpose-Built” Vehicles

Mobike promises no more bikes in saturated cities, share big data with the government

In its first major statement since being acquired by Meituan, bike rental giant Mobike is to stop adding new bikes to cities considered to be already saturated with bikes, will share its big data with the government for improved city planning, and put RMB100 million into improving its user credit system, the company announced at … More Mobike promises no more bikes in saturated cities, share big data with the government

Alipay trials digital replacement of China’s ubiquitous ID cards

A new system of official digital ID has been integrated with Alipay for making ID-validated purchases such as train tickets and for checking into hotels in test areas in eastern China. The “Resident ID Online Verification Certificate” (our translation: “居民身份证网上功能凭证”) uses the “Internet+ Trusted Identity Authentication Platform”, also known as CTID, (our translation: “互联网+可信身份认证平台”), according … More Alipay trials digital replacement of China’s ubiquitous ID cards

China launches ID authentification chip to rein personal data leak

China’s Ministry of Public Security issued the first batch of 50,000 smart chip cards in Gongqing City of Jiangxi Province in an attempt to promote safer and easier identity authentication for smartphone users. The technology is expected to have wide applications in areas such as e-commerce, social media, and administrative services. Dubbed as SIMeID, the … More China launches ID authentification chip to rein personal data leak

EEE Innovations Oy short-listed as one of this year’s Red Herring 100 Europe!

#EEEInnovationsOy short-listed as one of this year’s #RedHerring 100 Europe! Please see the complete list of 2018 Top 100 Europe Finalists below. This is an exception to my previous articls/news, because it concerns the company I work for. Since 1996, technology industry executives, investors, and strategists have valued the Red Herring 100 lists as an … More EEE Innovations Oy short-listed as one of this year’s Red Herring 100 Europe!

Tencent, Changan Automobile Launch Connected Vehicle Platform Joint Venture

Chinese Internet giant Tencent Holdings Ltd. has set up a joint venture with Chinese automobile manufacturer Changan Automobile Co., Ltd. to co-develop autonomous driving technologies and connected vehicle platforms. It marks Tencent’s latest move in the automotive sector to rival Alibaba and Baidu. Last November, Tencent partnered with five automakers including Changan, GAC Group, Geely, … More Tencent, Changan Automobile Launch Connected Vehicle Platform Joint Venture