China Tech Newsletter – Sept 10, 2015

Transport service provider Didi announces strategic partnership with bus manufacturer Zhengzhou Yutong Group Co., Ltd. on alternative energy-powered and self-driving buses. (via Sina Tech)

Didi has taken over Kaolabus, a commuter bus service. Launched in March 2015, Kaolabus had had more than 50,000 users and some 130 bus routes as of August.

Didi and Tencent invested in Lyft’s latest funding round. — The Wall Street Journal

Baidu has led Series B funding in telemedicine app developer Quyi. Existing investors HighLight Capital and SB China Capital also participated in this round.

Quyi claims to have had more than 1000 public hospitals on board and expect the number to reach 2000 by the end of this year.

Tongshuai, a sub-brand of home appliance giant Haier, launches a smart TV running Alibaba’s Yun OS, which has integrated online video, music, education and shopping services of Alibaba.

Cao Tong, the first CEO of Tencent’s bank affiliate WeBank, has resigned. His successor will possibly be current chief supervisor Li Nanqing. (via Tencent Tech)

Alibaba Group turns sixteenth birthday.


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