China
Fitbit, Alibaba Ink Chinese Expansion Deal
Fitbit and Tmall.com, the Chinese platform for brands and retailers owned by Alibaba Group, have signed a memorandum of understanding (MoU) to expand Fitbit’s reach in...
Baidu Forms Autonomous Vehicle Team In Valley
Chinese search giant Baidu has formed a self-driving car team in Silicon Valley, says the company. The team will focus on research, development and...
Worldwide IT Spending To Decline 0.5 Percent
Worldwide IT spending is forecast to total $3.49 trillion in 2016, a decline of 0.5 percent over 2015 spending of $3.5 trillion, according to...
AsiaInfo To Acquire Trend Micro Chinese Subsidiary
AsiaInfo Technologies, a Chinese provider of IT solutions and services in the telecommunications industry, is acquiring all of Trend Micro China’s business, including licensing of product...
Chinese Used Car Auction Site Uxin Raises $170M
One of China’s largest online used car auction company Uxin has raised $170 million from Baidu, KKR, and Coatue. The funding round, which closed on March...