Canalys released its latest cloud infrastructure spending numbers for China today, and it’s all trending upward. For starters, the market reached $2.9 billion for the quarter, an increase of 60.8%. China now accounts for 10.4% of worldwide cloud spending, meaning its second only to the US in overall spending. That Read more…
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we looked at how Alibaba and Tencent fared in the last quarter; the talk in Silicon Valley and Read more…
Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million in capital and has taken on Xiaomi as a strategic investor, the company announced. The Series C includes an unidentified group of strategic and institutional investors. XPeng Motors Chairman and Read more…
Kenya’s Twiga Foods raised a total of $30 million in October from lenders and investors led by Goldman Sachs. This adds to the list of African startups the U.S. financial firm has backed, including e-commerce venture Jumia and South African fintech startup Jumo. Twiga, a B2B food distribution company, will use its Read more…
Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. It’s been a very busy last week of October for China’s tech bosses, but first, let’s take a look at Read more…
Welcome back to TechCrunch’s China roundup, a digest of the latest events that happened at major Chinese tech companies and what they mean to tech founders and executives around the world. Alibaba’s nemesis Alibaba’s new rival is shaking up China’s internet landscape. This week, four-year-old e-commerce upstart Pinduoduo displaced JD.com Read more…
Microsoft today announced two new open-source projects: Dapr, a portable, event-driven runtime that takes some of the complexity out of building microservices, and the Open Application Model (OAM), a specification that allows developers to define the resources their applications need to run on Kubernetes clusters and which Microsoft developed in Read more…
Databricks, the big data analytics service founded by the original developers of Apache Spark, today announced that it is bringing its Delta Lake open-source project for building data lakes to the Linux Foundation and under an open governance model. The company announced the launch of Delta Lake earlier this year Read more…
Smartphone maker Vivo, broadcaster CCTV, and internet giant Tencent said today they are suspending all cooperation with the National Basketball Association, becoming the latest Chinese firms to cut ties with the league after a tweet from a Houston Rockets executive supporting Hong Kong’s pro-democracy protesters offended many in the world’s Read more…
There’s been a heap of China in Africa coverage over the last decade, but very little of it is focused on tech. In part, because the country’s engagement with African startups is light compared to its deal-making on infrastructure and commodities. Now, that all looks to be shifting. TechCrunch has Read more…