China
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iOS growth slowed in China in the three months ending January 2016, says Kantar
The rate of growth of Apple’s iOS in urban China slowed in the three months ending January 2016, according to the latest data from smartphone market watcher KantarWorldpanel. Investors, Entrepreneurs Upbeat On Energy Storage, China And The Internet Of Things
For the last 15 years, the Cleantech Forum has been organized by the Cleantech Group. Most recently it took place in San Francisco on January 25-27, 2016. Energy storage, China and the Internet of Things (IoT) were key topics at the forum, with investors and entrepreneurs confident on their respective futures. Read More
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Not Another African Tech Article
The great continent of Africa seems to be the flavor of the month. As the world wakes up to its potential, I can’t help but cringe each time an “African tech” article is published on a popular medium like TechCrunch. The lack of data and “exotic charm” of Africa makes it an easy target for baseless, heavily flawed or downright ridiculous content. This benefits no… Read More
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Africa’s Tech Gold Rush
Africa is on the verge of something big. This seems to be a quiet, cautious consensus in some investment communities. The past year has been peppered with stories of tech startup hubs emerging across the continent, from Lagos to Kigali to Agadir. The model of American tech entrepreneurship looks to be slowly sparking a renaissance in the Silicon Sahara. Read More
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China Poised To Overtake U.S. & Japan In iOS Revenue Within The Next Year
Apple’s lead over Google when it comes to revenue generated by the companies’ respective mobile application markets, the App Store and Google Play, has been cemented, according to a new report out today from App Annie. And this continues to be true even though Google Play is now leading when it comes to downloads, the firm found. In 2014, Google Play had a 60 percent download… Read More
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Meituan-Dianping, China’s Largest Group Deals Site, Closes Massive $3.3B Round At $18B Valuation
Meituan-Dianping, China’s largest group deals site, confirmed that it has closed a colossal $3.3 billion round at a valuation of $18 billion. The company claims that this is the largest single funding round ever raised by a venture-backed Internet startup in China. Alibaba To Invest $1.25B In Restaurant Delivery Service Ele.me, Says Report
Alibaba will reportedly invest $1.25 billion in Ele.me, a food delivery service based in Shanghai, says financial news site Caixin (link via Google Translate). The deal would Alibaba the startup’s biggest shareholder, with a 27.7 percent stake. Majority Of Mobile Apps In China Don’t Retain Users For More Than A Week
China may be the world’s largest app market when it comes to downloads, but new data indicates that those download numbers aren’t translating into loyal users who return to apps on regular basis. According to a report released this morning from eMarketer, citing data from Alibaba-owned analytics platform Umeng, the majority of mobile applications launched in China struggle to… Read More
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China’s UnionPay Steps Into Mobile Payments In JV With UK Startup Powa
On the heels of reports that Apple Pay is gearing up for a February launch of Apple Pay in China, the country’s biggest credit card company has entered into a JV with a mobile payments startup out of the UK to take its own steps into smartphone-based transactions. UnionPay, the state-run company that controls debit and credit card payments processing in China, has inked a 10-year… Read More
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DJI made its name building high-end consumer drones, but its latest model shows where the future may lie for the Shenzhen-based company and its competitors.