China Tech Newsletter – Aug. 29-31, 2015

Tencent Weibao (image credit: Tencent)
Tencent Weibao (image credit: Tencent)

Tencent and connected toy maker Sphero jointly unveiled Weibao, a localized version of Sphero 2.0.

YKSE, the cinema management software and ticketing app developer Alibaba acquired earlier this year, has launched a “smart cinema” jointly with Capital Cinema in Beijing. The online automated system by YKSE enables consumers to buy, cancel or reschedule tickets online or at the ticket vending machines in the cinema.

YKSE provides ticketing system and operational support to major Chinese movie ticketing services.

Legend Holdings, the parent company of Lenovo, announces to invest US$58.5 million into Social Touch, a mobile social CRM service provider that was founded in 2011.

Crowdsourced delivery platform Linjia announces Series B funding led by Qiming Ventures and joined by IDG Capital Partners. The company announced Series A round led by IDG a couple of months ago.

Linjia currently covers four cities, Shanghai, Beijing, Hangzhou and Guangzhou.

Messaging app Line has launched phone-decorating app LINE DECO in China, offering 30% – 40% of premium content and services free of charge to Chinese users. It has also added WeChat login.

Huawei is about to launch a series of iOS-compatible Android Wear watches. — Engadget.


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