One month after denying it will exit China, AWS opens its second region there

 Amazon Web Services has opened its second region in China with a local partner, Ningxia Western Cloud Data Technology. The launch comes just one month after Amazon denied reports that AWS is leaving China, but said the company sold “certain physical infrastructure assets” to Internet services company Beijing Sinnet, which operates its first region in the country, in order to… Read More

Honda is working with Chinese AI unicorn SenseTime on self-driving car tech

 Honda is putting the focus on artificial intelligence after it announced a partnership with SenseTime, a Chinese startup valued at over $1 billion, that will power its autonomous cars of the future. SenseTime, which raised a $410 million funding round this past summer and counts Qualcomm among its investors, is particularly well known for its object recognition technology which has been used… Read More

Ford recruits Alibaba to help break into China’s electric vehicle industry

 Ford has put a lot of focus on China’s electric vehicle market — with a local joint venture expected to lead to 15 electric or hybrid models on sale in the country by 2025 — and today the automotive giant announced a tie-in with Alibaba to fulfill its ambitious goals. The scope of alliance is fairly broad and vague at this point, but a large chunk of  the”strategic… Read More

Chinese electric vehicle maker NIO more concerned with user experience than rival Tesla

 Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Visitors to the TechCrunch Shanghai even this week were greeted with a sleek silver high-performance car at the entrance. It’s right there above these words at the start of this article. This is EP9 produced by NIO, the Chinese electric carmaker with over $2 billion in… Read More

Baidu and Xiaomi are working together on internet of things and artificial intelligence

 Baidu, China’s answer to Google, and Xiaomi, which has modeled itself on the success of the America’s most successful technology manufacturer in Apple, have announced a strategic partnership to tackle two emerging technologies, internet of things and artificial intelligence. Announced today at Xiaomi’s first developer conference in Beijing, the alliance is a marriage between… Read More

The time I was turned away from China

 Yesterday, Sunday November 26 2017, I was turned away from immigration at Shanghai’s Hongqiao airport by Chinese officials. Alongside a number of other visitors, I had been waiting in line to take advantage of the city’s 144-hour ‘transit’ visa which allows travelers with an onward flight to stay in Shanghai without needing to secure a visa before they travel. The… Read More

Tencent becomes the first Chinese tech firm valued over $500B

 Tencent has became the first Chinese company to be valued at more than $500 billion. Shares of the 19-year-old company, which is listed on the Hong Kong Stock Exchange, rallied to reach HK$418.80 to give it a market cap of HK$3.99 billion which takes past the $500 billion mark. Close rival Alibaba is Asia’s second-highest-valued firm at $474 billion. Entry to the half-a-trillion-dollar… Read More

Tencent’s profit surges 69% thanks to its thriving games business

 Tencent, Asia’s highest-valued technology company, has smashed analyst forecasts for its Q3 2017 after it posted a profit of 18 billion RMB ($2.7 billion) on revenue of 65.2 billion RMB ($9.8 billion). That blew past expectations of 15.7 billion yuan and 61 billion yuan, according to analysts polled by S&P Global Market Intelligence, thanks to its high-performing mobile and PC… Read More

Qualcomm announces investment in Mobike and eight other Chinese startups

 Qualcomm is continuing its charm offensive in China, a critical market where it has suffered hard blows in recent years including a $1 billion anti-trust fine, after it announced a flurry of new investments. These are chaotic times for Qualcomm, which is fielding unwanted acquisition interest from Broadcom and battling Apple in court, but today it put the focus back on supporting upcoming… Read More

Amazon’s AWS business is reportedly pulling out of China

aws logo It looks like Amazon is removing itself from the Chinese cloud services industry on account of stringent new data laws that went live in the country earlier this year. The U.S. company has agreed to sell its China-based web services business to Beijing Sinnet, the local partner that operates it, according to a filing on the Shenzhen Stock Exchange that was noted by The Wall Street Journal… Read More