UK health care data startup, Medopad, takes capital from Chinese investors and strikes strategic partnership with China’s tech giants to tap into the 1 billion potential users to collect data for machine learning. (link)
January venture capital investment reached near $2.5B, almost doubling the funding level of January 2017. E-commerce, life sciences & digital health, and automotive are dominating themes.
Chinese government released data on internet usage — there are approximately 772…
688 million people send Chinese New Year hongbao (red envelop containing money) through Wechat’s mobile wallets. Hongbao is sent traditionally from elders to kids in celebration of the new year. (link)