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* Impact of US-China Rivalry In
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*Tech Titans of
Wei Zhou, China Creation Ventures
Drone maker DJI
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Former Uber CEO Adapts a "Copy from China" Business Model with His New US Startup CloudKitchens
The latest example of the copy from China innovation trend comes from former
Travis Kalanick and his new startup
CloudKitchens, a kitchen sharing concept for restaurants and take-out orders.
This shared kitchen model originated in China, with a Beijing-based startup named
Panda Selected. Little doubt that Kalanick saw this idea at work in China. He has China experience and some scars to show from his ventures a few years ago with Uber in China doing battle with Chinese ride-sharing leader Didi and eventually selling to the rival.
These shared food preparation services are part of the sharing economy that has blossomed in China. Sharing has extended from taxi rides to bikes to even shared umbrellas and battery chargers.
Chinese online real estate platform Fangdd Network Group files for a $150 million US IPO and end up raising $78 milion. Funding is from Lightspeed China and CDH.
DCM China has funded Chinese investment information sharing platform Ucaidao In $15 million round.
'Google Glass for doctors' startup
raises $23 million as it eyes expansion. Funding comes from DCM Ventures, Wanxiang Healthcare Investments and McKesson Ventures.
CleverTap raises $35 million, Series C financing from
Sequoia Capital India.
Amica Financial Technologies raises $24 million from
Rocket Internet and institutional investors.
The Trump administration is heading for a fundamental break with the People's Republic of China. The rupture, if it occurs, will upend almost a half-century of Washington's "engagement" policies. Twin speeches last month by Vice President Mike Pence and Secretary of State Mike Pompeo contained confrontational language rarely heard from senior American officials in public.
Read: The Great Confrontation with China, WSJ
Jim McGregor, Kuantai Yeh, Will Chen, Jonathan Qiu, William Bao Bean, Ron Schramm, Byron Ye
Jeffrey Chi, Vickers Venture; Justin Doebele, Forbes Asia
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