Ep. 1: Toutiao's Apology, and Mobike's Acquisition by Meituan

TechBuzz China is a short weekly podcast that talks all about China’s innovation, co-hosted by Rui Ma, who is an angel investor and entrepreneur, and Ying-Ying Lu, who is also an entrepreneur. The two hosts are both China experts who lived and worked in the technology space in China for many years. This week on TechBuzz China, Rui and Ying-Ying talk about the recent news involving three Chinese unicorns: Toutiao, Didi, and Meituan. Toutiao was recently under fire for posting fake ads on their flagship news app, but their punishment came in the form of a permanent ban on their jokes app, Neihan Duanzi, which you can read more about here. Rui compared the Toutiao CEO’s open apology with the Facebook CEO’s congressional hearing happening concurrently in the U.S. Ying-Ying shared news about Didi’s move into food delivery and what it means for the on-demand sector, which you can read about here. She also shared her thoughts and a personal story related to the recent acquisition of Chinese bike-sharing giant, Mobike, by the unicorn Meituan-Dianping, which you can also read more about here. If you are interested in learning more about what’s happening in China’s technology sector, you can also follow us on Twitter @thepandaily and like TechBuzz China on Facebook. If you would like to provide commentaries for the show, you can contact Rui or Ying-Ying on Twitter @ruima and @ginyginy. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.