China Tech Newsletter – Aug. 5, 2015

Xiaomi has won exclusive right to publish the Android version of mobile game Clash of Kings in mainland China. Developed by Chinese developer Elex, the game has got popular in many markets outside China since its launch in mid-2014. (via QMYXI.com)

Xiaomi has been making handsome revenues from mobile games, paid apps/in-app items and services, and advertising through MIUI, the in-house developed custom Android system that announced 100 million users in February this year.


Home appliance manufacturer Midea announced two joint ventures with Japanese robotics company Yaskawa. The one in which Midea holds a 60.1% stake will make service robots and the other in which Midea owns 49% will produce industrial robots.

Midea has invested a total of about RMB220 million (roughly US$35m) into the two ventures. (via Sina Finance)


Baidu has led a US$100 million round of funding in eWashing (aka eDaixi), an on-demand laundry service. Existing investors, Matrix Partners China and SIG China also participated. Its angel investment was from Tencent.

Founded by former Baidu employee Lu Wenyong, the startup plans to expand to other on-demand categories such as appliance repair, home cooking and senior home care. (via Donews)


Internet server management company ChinaNetCloud announces US$9 million Series A funding.


Autohome reports second quarter results.

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