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8 must-read tech stories from China this week

CTW - China tech news this week

Miss out on your regular dose of China tech goodness? Below are our top stories from the Middle Kingdom.

1. Amazon’s first ever investment in China is an online fresh food grocer, could signal AmazonFresh expansion

The global ecommerce giant makes a bet on fresh food in China.

2. Lenovo sold 50 million smartphones globally last year, remains China’s number 2 smartphone brand

Lenovo smartphones are hot in China. Will the company start making inroads in the west, chipping away at Samsung’s market share?

3. Webcast of Chinese startup’s phone launch becomes country’s most-watched live tech event ever

2.74 million users tuned into Youku’s live broadcast of the Smartisan phone launch.

4. Weibo just released its first earnings report since IPO, racks up a $47.4 million loss

Weather report on first earnings release since going public: cloudy.

5. China’s Soundcloud-esque Ximalaya nets $11.5 million in funding from Kleiner Perkins

Add this one to your list of Chinese apps to watch.

6. Crowdfunding in both China and the US, these headphones sync wirelessly so people can listen together

Music lovers rejoice!

7. China’s top Secret clone cleans up its act, changes name, set to relaunch with fresh UI

About a week ago we wrote about an app that was a not-so-secret clone of Secret. Since then, it’s undergone some design changes to make its source of inspiration a little less obvious.

8. JD floats on stock market higher than expected in China’s biggest ever ecommerce IPO/

And this August: Alibaba.


That’s all for this week, folks! For our full spread of China coverage, you might like to subscribe to our China RSS feed.



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