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Oct 19, 2020 04:53 pm · Jingmeiti

VIPKid's Current Users Exceed 800K

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Oct 15, 2020 10:53 am · GSV Ventures

16 Firms from China Included in GSV's 'Global Edtech 50'

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Oct 13, 2020 04:44 pm · New Oriental

New Oriental's 2021 Fiscal Year Q1 Net Revenue Down 8% YoY

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Oct 13, 2020 11:39 am · Jingmeiti

Huohua Siwei to Receive USD 100 Million Funding

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Sep 29, 2020 04:32 pm · EO Company

China's Online Education Users Reach 381 Million

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Sep 27, 2020 10:28 am ·

OPPO and Midea to Co-create Smart Home and IoT Ecosystem

As proposed by the Chinese smartphone vendor Xiaomi (01810:HK) in 2018, the 'AI + IoT' or the IoT (Internet of Things) ecosystem strategy, has been followed and further developed by major Chinese electronics companies including Huawei. These vendors intend to take advantage of smartphone user bases by making the smartphone a control center to connect and empower other electronics products like earbuds and tablets, and white home appliances to realize remote control and some even more intelligent machine actions like auto-alarm. At the Huawei Developer Conference 2020, Huawei revealed a bunch of strategic cross-industry cooperation projects with many leading companies such as VIPKID in education and Joyoung (002242:SZ) in cooking machines to further develop Huawei's IoT ecosystem. Xiaomi has resorted to another IoT business model, whereby Xiaomi's IoT products are mainly self-branded or developed by its invested startups. Xiaomi's model has shown up a shortage of tech development among mature industries like air-conditioners – though the company could hardly compete with the traditional leading companies such Gree Electric (000651:SZ) and Midea (000333:SZ). OPPO chose Huawei's IoT model and announced that it would release its smart home products in cooperation with Midea, one of the largest home appliance vendors in China. Except for the hardware product cooperation, OPPO also planned to have R&D partnership with Midea to develop user portal and Midea appliance controlling apps based on OPPO smartphone's operating system ColorOS. Last, the two agreed to share business data in terms of users, sales, products and operations, to realize optimal product designs.

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Sep 25, 2020 06:06 pm ·

OPPO and Midea Reach a Strategic Cooperation

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Sep 18, 2020 05:19 pm · 36kr

TAL Cooperates with Alibaba Cloud

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Sep 16, 2020 10:13 am · Lightspeed China Partners

Owl Ventures Leads Lele's USD 40 Million Financing

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Sep 4, 2020 11:56 am · Science and Technology Innovation Express News

SUNMnet Closes CNY 100 Mn Plus Series B1 Round

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Sep 2, 2020 02:08 pm · GSX

GSX Techedu Reports 2Q 2020 Earnings

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