Chinese online fashion company Mogu (NYSE:MOGU), which went public last December, recently posted its first quarterly report as a public company. Mogu’s revenue rose 20% annually to 367.2 million RMB ($53.4 million) during the third quarter, which marked a significant acceleration from its 2% sales growth in the first six months of the year. Mogu’s operating loss narrowed year-over-year from 202.5 million RMB ... Read More »
Bluegogo, one of China’s largest bike-share companies, appears on the edge of ruin, with its office empty, debts unpaid and its CEO suddenly absent. The firm, which has raised $58 million and funded moves into Sydney and San Francisco, has outstanding debts of $30m it cannot pay, one insider told Yicai Global. Bluegogo, which has 700,000 bikes in its network, was ... Read More »
China’s launch of the first quantum satellite Tuesday will push forward efforts to develop the ability to send communications that can’t be penetrated by hackers, experts said. The satellite launched into space from the Jiuquan launch base in northwestern China’s Gobi desert will allow Chinese researchers to transmit test messages between Beijing and northwestern China as well as other locations ... Read More »
In a letter addressed to Chinese Premier Li Keqiang, 46 global business groups spanning finance, information technology, insurance and manufacturing urged Beijing to revise its draft cyber rules which they said would hamper trade. The signatories include industry associations from Asia, Australia, the United States, Mexico and Europe, according to a copy of the letter seen by Reuters. Foreign industry ... Read More »
A petition stated economics college students at chinese universities must examine a curriculum composed of as a minimum half of Marxist publications. (AFP photograph) BEIJING: China’s economics students are being “brainwashed by way of Western theories” and need toread more Marx, chinese language professors stated in a letter to the training ministry, amid a widening crackdown on foreign thoughts. As ... Read More »
Bihar chief Minister Nitish Kumar has advised to make arrangements for continuous evaluation ofstudents in better faculty ranges. PATNA: Bihar chief Minister Nitish Kumar – dissolving a committee constituted to probe into alleged irregularities in evaluation of marks in magnificence 12 examinations – has ordered direct motion in opposition to the culprits. Mr Kumar held a meeting with education minister ... Read More »
chinese excessive school physics teach Liu Jie gives an internet lesson from a recording studio in Beijing. (AFP picture) BEIJING: With a following of several million teenage enthusiasts, China’s Liu Jie says he can earn nearly$50,000 a month from his online movies and is frequently acknowledged on the road. but he isn’t anypop celebrity. A excessive faculty physics educate, Liu ... Read More »
First there was the Berlin Wall. Now there is the exquisite Firewall of China, no longer a bodily barrierpreventing human beings from leaving, however a digital one, preventing records harmful to the Communist birthday party from coming into the us of a. simply as one fell, so will the opposite be finally dismantled, because statistics, like people, cannot be held ... Read More »
Techosta Where Tech Starts From