Baidu COO Lu Qi resigns

Baidu Chief Operating Officer (COO) Lu Qi has resigned, and will no longer fill his current position after July 2018. The company announced that Lu would continue to serve as vice-chairman of its board of directors. Lu said that he would no longer be able to work full-time in Beijing due to personal and family […]

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File sharing company Xunlei launches blockchain ecosystem

Chinese cloud-based acceleration company Xunlei has announced the launch of two new products to foster the development of a blockchain ecosystem, allowing companies to transition to the cloud and manage decentralized apps (dApps). The NASDAQ-listed company launched StellarCloud and ThunderChain Open Platform in Beijing on May 17, 2018. Stellarcloud marks an expansion from content delivery network services […]

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Shenzhen government will include bike rental violations on Didi’s credit score

Shenzhen’s local government has said Didi’s recent illegal deployments of Didi Bike (青桔单车) and Street Rabbit E-bike (our translation, 街兔电单车) will be marked on the company’s credit score (诚信记录 chéngxìnjìlù), and related departments will follow up based on the city’s management policies. Since May 15, nearly 9,000 Didi Bikes and Street Rabbit E-bikes had been seized, […]

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