ChinaCache Blog

Translated Article of the Week: The timing may be right for Facebook to enter China next year

Sep 25, 2017

The chance for Facebook entering Chinese market might come soon. Mark Zuckerberg’s social media giant Facebook is already taking strategic steps to do so, Mizuho reported on Monday, September 20th. Managing Director, Internet Research at Mizuho Securities Co., Ltd James Lee and Vice President Wei Wang said in the report: During our meetings with various…

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Meanwhile in China: Weekly News Roundup [9/18-9/22]

Sep 22, 2017

Chinese bike-sharing company Mobike expands to the US One of the biggest bike-sharing companies, Mobike, launched its service in Washington D.C. on September 20, 2017. The United States is the company’s seventh overseas market, following Britain, Italy, Japan, Singapore, Thailand and Malaysia. Before the official launch in the States, Mobike has already partnered with AT&T and Qualcomm…

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Neutral Peering Days

Sep 18, 2017

Ms. Yali Z. Liu, Vice President of ChinaCache, talked about the Internet landscape in China at the Neutral Peering Days in The Hague, Netherlands on September 14. More than 300 people attended the session where Ms. Liu highlighted the issues foreign Internet companies face when they provide services in mainland China, including choosing a data center…

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Translated Article of the Week: Chinese E-commerce Sites Observe Revenue Increase from Overseas Customers

Sep 18, 2017

On September 11, 2017, Economic Information Daily (EID) and Visa China released the 2017 Chinese Cross-border Consumption Index Annual Report. It shows that, in 2016, while there was a decrease in the total number of transactions, the average amount of money spent in a single transaction went up. In addition, the total amount of transaction…

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Meanwhile in China: Weekly News Roundup [9/11-9/15]

Sep 15, 2017

Weibo users are given one-week warning to provide real names The 340 million users of Sina Weibo, China’s popular microblogging service, have been given one week to link their accounts to a real name. The crackdown is being conducted in order to comply with new government rules restricting anonymous online conversation. Read More>> Source: TechCrunch     China…

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Translated Article of the Week: Google Builds Artificial Intelligence Team in China

Sep 11, 2017

Last week, Google published job postings on its website looking to assemble an Artificial Intelligence (AI) team in Beijing, China. Although Google’s search engine business withdrew from the China market in 2010, it kept a research and development team as well as an ad sales team. Among all the overseas Internet companies that have opened…

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Meanwhile in China: Weekly News Roundup [9/4-9/8]

Sep 8, 2017

83% Chinese aware of mobile wallets compared with 57% in Asia China has the highest awareness of e-wallet in Asia, which is being driven by the ubiquity of homegrown Internet giants, as many of them have started to incorporate digital payment features as part of their offering to consumers. While only 25% of respondents from…

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Translated Article of the Week: Apple Looks to Turn Around Sales Decline in China

Sep 5, 2017

On August 29, 2017, Tencent confirmed that WeChat Pay is officially integrated into App Store on all iOS devices. Users logged into the Chinese App Store can purchase apps or subscribe to Apple Music with WeChat Pay. Other than using bank cards connected with WeChat Pay to make purchases, customers can also use Hua Bei,…

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Translated Article of the Week: Sought-after users, Power bank service-sharing started “Cash-Burning War”

Aug 28, 2017

The wildly popular bike-sharing service trending across China in recent years has sparked a new wave of service-sharing economics. From bikes, umbrellas, to power banks and even mini gyms, anything that you can think of might be the next service-sharing product. The most established products in the service-sharing industry are bikes, cars, and power banks,…

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