This week’s China tech news is dominated by Jack Ma, Alibaba, IPOs, Apple, and a giant electromagnetic vacuum cleaner. Yep, that’s a weird line-up. Here’s the list:
1. Alibaba officially sets up shop in San Francisco as it aims to invest in more US companies
Alibaba, the Chinese internet giant best known for its stronghold in e-commerce, just announced that it has established an office in the San Francisco for the purpose of investing in US companies.
2. 5 Chinese tech giants investing in Silicon Valley in 2013
In the light of the Alibaba investment news, we dug into other major Chinese web companies who are ploughing money into the US in search of creatives and new ideas.
3. Giant electromagnetic vacuum cleaner will be installed in Beijing to suck up pollution
The most wild attempt yet to clear the Chinese capital’s chunky air comes from a deal between a Dutch artist and the Beijing Mayor. Check out the animated demo video inside.
4. Survey: in China, different cities use different apps
Social networking apps are most popular in big cities. 53.8 percent of respondents said they used apps like Sina Weibo and WeChat often, while in third- and fourth-tier cities, the figure is about 41 percent. More statistics inside.
5. China continues IPO streak as hugely popular mobile developer files for NYSE listing
The makers of hugely popular Android apps like GO Launcher will soon list on the NYSE in an IPO that could raise as much as $80 million.
6. China’s Craigslist set for US IPO next week, will raise up to $190 million
China’s biggest online classifieds site – with 130 million monthly unique users – is ready to IPO in the US. It has 130 million monthly unique visitors.
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