China Tech Newsletter – April 29, 2015

Online video service Youku-Tudou and drone maker DJI have unveiled a partnership on a channel for drone-related videos. Users who upload videos shot with DJI drones or share videos about drones will be able to get ad revenue cuts. Youtu-Tudou will also sell DJI drones on its own online store.


Fitbit Charge HR and Fitbit Surge have gone on sale in China, currently available at Alibaba’s Tmall,, Amazon China, Funtalk (consumer electronics retailer) and Apple authorized resellers.

Baidu Wallet, Baidu’s answer to Alibaba’s Alipay Wallet, has had 100 million accounts, Zhang Zhenghua, GM of Baifubao (Baidu’s finance arm), disclosed the figure today at GMIC. (Alipay Wallet has had 270 million active users.)

Apart from mobile payments and financial services, Baidu Wallet has integrated Baidu’s main services, including search engine, app store, location-based service, and group-buying service.

Mobile health startup Huakang Quanjing, has raised RMB200 million (roughly US$32m) in Series B round of financing from YF Capital (the venture capital firm co-founded by Alibaba’s Jack Ma), Co-win Capital, New Horizon Fund and Hunan Haijie Medical Investment (our translation). Its previous round of RMB20 million (about US$3.2m) was raised in 2013. (via Geekheal)

The company has developed two mobile apps: one is for booking doctor appointments and telemedicine, and the other for doctors and physicians. Alibaba Health, the healthcare arm of Alibaba Group, would integrate Huakang’s appointment booking system and telemedicine system, according to the company.


Inveno announces Series B funding from Enlight Media Group and China Renaissance. Founded in 2010, Inveno has developed a solution for mobile content aggregation and analysis. Inveno’s more than 20 partners include smartphone brands such as Huawei, Lenovo, Coolpad and TCL.

Liu Jiangfeng, former president of Huawei Honor smartphone business, claimed Dmall, the one-hour delivery service he founded recently, has raised US$100 million round of funding led by IDG Capital Partners. (via Sina Tech)





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