The China startup news headlines collected here were gathered from online media coverage of China’s startup and technology news across September 2020.
Items here give an introduction to China’s startup news headlines; each China startup news headline is linked to the online article behind the headline, giving you an at-a-glance knowledge of developments in China’s startup ecosystem, and also allowing you to instantly read those articles that are of most interest.
- China Construction Bank soft-launch of central bank digital currency wallet service quickly disabled following large-scale user interest
- China: Recent launch-and-removal of China Construction Bank CDBC app included mention of separate hardware wallets for digital currency and electronic payments
- China: Nreal augmented reality headset maker and Magic Leap rival raises $40M led by Kuaishou, fast-growing Tencent-backed video startup
- China: United Rumour Debunking Platform launched by Cyberspace agency and Xinhua, mini-programs to run inside Chinese apps including WeChat, Alipay and Baidu
- China: DiDi Chuxing given green light to conduct autonomous car road testing by Anhui Province government
- ICYMI: Huawei to invest over $60M in building a technology park in Angola, Central Africa, aiming for 2021 opening
- China: NIO EV maker and Hefei gov’t planning to co-build 40 electric vehicle battery swapping stations under ‘batteries as a service’ subscription model
- China: Ant Technology Group IPO “raises a number of risk concerns for prospective investors…notably those associated with national security and human rights.”
- China: Huawei aiming to roll out Harmony operating system on its smartphones in 2021, replacing Google’s Android
- China: Baidu’s Apollo Go autonomous taxi service launches in Beijing, starting with 40 vehicles, but maintaining a human driver presence during testing
- Video: Should Chinese Diplomats be Banned on Twitter? 1 question, 2 opinions, 30 minutes
- ICYMI: US Commerce Department to prohibit WeChat and TikTok transactions from Sunday 20th, citing data protection and national security concerns
- China: Singapore’s VeChain joins China Animal Health And Food Safety Alliance to provide blockchain tech for members, allowing logging of food product lifecycles
- China: State-run Blockchain-Based Service Network infrastructure project to bring public chains to Chinese users – but monitored by regulators
- China: A video look at Baidu Apollo’s automated driving and 5G-powered remote driving service
- China: Human Horizons auto startup unveils ‘self-learning SUV’, capable of data analysis towards independent decisions and featuring cloud connectivity
- China: Pinduoduo e-commerce company partners China Post to boost fresh groceries sales, and aiming for 150 agricultural produce stations inside 3 years
- China: Anhui Easpeed Technology raises $8.63M Series A with interactive, no-contact hologram technology
- Cybersecurity: “Huawei’s Russian research and development team said it will join the development of [the] Harmony operating system and apps based on it.”
- China: Ant Group launches Trusple cross-border trading blockchain platform focused on SMEs selling overseas
- China: “Online gaming is strategically critical for China not least because it forms the financial backbone of one of its largest tech companies, Tencent.”
- China: FITURE home fitness brand gains $65M funding with tech-driven services spanning courses, equipment, interactive classes and more
- 5G: “Chinese strategic competition is about much more…If people think that by banning Huawei, networks have been made safe – that’s not true…”
- China: Alibaba’s Tmall Haofang set to disrupt real estate industry by taking the entire sales process online, from viewings to payment
- China: Sina Corp internet giant, parent of Weibo, to delist US shares and go private, merging with Cayman Islands firm controlled by Sina CEO
- Hunting the Phoenix: The Chinese Communist Party’s global search for technology and talent, a policy brief from the Australian Strategic Policy Institute
- India: Government bans 118 China-connected mobile apps including PUBG Mobile, Alipay and Baidu, citing concerns over “stealing and…transmitting users’ data”
- India: Following ban of China’s PUBG game, nCore Games launches FAU-G multiplayer game based on scenarios faced by Indian soldiers at the Indo-China border
- India: China’s Tencent relinquishes rights to PUBG Mobile in India, transferring publishing responsibility to Korea’s PUBG Corp in bid to sidestep Chinese apps ban
- Philippines: Dito Telecommunity Corp telco startup partners US cybersecurity firm Fortinet over concerns around China Telecom investment
- Singapore: China’s ByteDance, owner of TikTok, to invest billions and recruit hundreds of employees in Singapore, focusing on it as SE Asia regional HQ
- Thailand 5G Ecosystem Innovation Center opens in government’s Digital Economy Promotion Agency headquarters in partnership with Huawei
- TikTok’s loose moderation on ‘For You’ page finds it filled with dubious apps, malware, products and services, troubling as 1/3 of users are aged 14 and younger
- India: Confederation of All India Traders seeks gov’t probe into 141 Indian startups over concerns around Chinese investments, including “in-built spying capacity”
Startup news daily
Our monthly news collections are drawn from Startup News Asia’s daily startup news updates – delivered on LinkedIn, Facebook, Twitter and via mobile app – which collect technology news across 17 locations in Asia and the Indo-Pacific.
For a bullet-point overview of our channels:
Startup News Asia quick links