Tech China Post #94

Hainan island, designated as China’s 12th free-trade zone in 2018, wants to become the souther hub for technology companies in China. The city has rolled out a number of services including free rent for startups, favorable tax rates, new visa policies to attract tech talents, and government-backed R&D funding. (link)

China Merchants Bank expands its use of blockchain for e-invoicing. According to reports, China Merchants Bank will expand its internal use of blockchain-enabled e-invoicing to its network of subsidiaries. (link)

Baidu announced that it has sold more than 200 million of its smart devices called DuerOS. DuerOS is Baidu’s answer to Amazon’s Alexa. DuerOS can integrate with more than 80 brands performing 800+ skills. (link)

Deloitte published the report focused on the fastest growing companies in Asia Pacific. Some of the fastest growing companies in the region include Ke.com (real estate platform in China), Weshare Financial (fintech, China), Sinotex.com (suppy chain, China), Quwan Network Technology (media, China), MogIi Labs (software, India), and Razorpay (software, India). (link)