Newsletter: The Falling Stars Challenge—Social Media Makes the World More Equal

Recently on Chinese social media, people from all walks of life posted pictures of themselves “accidentally falling down” next to their most valuable possessions as to show off their wealth. What people chose to flaunt are far beyond your imagination.

Two months ago, Bullet messenger, the messaging tool that was said to be a strong competitor of WeChat, quickly topped the Chinese free download list on Apple’s App Store. However, now it proves the downloading craze is just a flash in the pan. The app is now quickly cooling off as its parent company Smartisan is also rumored to face financial challenges.

With the upcoming double 11 shopping festival, Alibaba‘s logistics arm Cainiao, together with its logistics partners, are going to use the Sky Eye Program, a cloud-based video-monitoring system to meet the huge logistics demand.

On October 30th, OnePlus just unveiled the company’s newest flagship device, the OnePlus 6T, at its New York launch event named “Unlock the Speed”.

More details below!

Editor’s Pick

The Falling Stars Challenge-Social Media Makes the World More Equal

Bullet Messenger Cooled Off as Smartisan Rumored to Face Financial Challenges

Market Briefings

DJI Unveils New Drone Geared Towards the Enterprise Market

Baidu Partners with Local Government on Self-Driving Services

5G Investment Cycle About to Commence in China

Cainiao is Getting Ready for 11.11 Global Shopping Festival with Robotic Warehouse

Faraday Future Wins “Decisive Victory” in Emergency Arbitration

Alibaba and Richemont Form Partnership to Give Luxury Brands Enhanced Access to Chinese Market

Cross-border

Huawei Launches OpenLab in India

Xiaomi Officially Enters the UK Market

Didi ANZ to Open Headquarters in Melbourne

New Releases

OnePlus Unveils Newest Flagship the OnePlus 6T in New York

Lenovo’s New Flagship Z5 Pro to Launch on November 1

 Podcast

In Episode 27 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma discuss the latest scandal to come out of the Chinese internet—fake reviews on one of China’s leading travel websites, Mafengwo.