Smartwatch to go head to head with Apple

Mobvoi Inc, the Chinese AI startup backed by Google Inc, intends to go toe-to-toe with Apple Inc when it begins selling its smartwatches in the United States in September. The fouryear-old startup founded by a coterie of former Googlers is hoping US consumers will take to the second generation of Ticwatch, which made waves back home via voice-activated natural language search and innovative features like a touch-sensitive strip for scrolling. The new version responds to questions in English and will let US users order pizzas, hail Ubers and pick out restaurants on Yelp. sonal computer maker, signed a comprehensive strategic cooperation agreement with Liu Qiangdong, chief executive officer of JD.com Inc, China’s second-largest e-commerce player on Tuesday. According to the agreement, Lenovo will strive to achieve a sales target of 60 billion yuan ($8.99 billion) at JD platform for the next three years for its full line of products. the endorsement of China’s biggest insurer on his plans to buy out all outstanding Hong Kong-listed shares in his property unit for $4.4 billion, gaining a key ally with less than a month to go before the deal goes to a vote. China Life Insurance Co has provided a letter of intent in favor of the privatization plan, Dalian Wanda Commercial Properties Co said on Monday. nation’s second-biggest fund company, completed raising money for its new overseas bond fund in one day as a weakening yuan boosted local demand for dollar assets. The fund received “crazy demand” from investors on the first day of sale on Monday, the firm said on Tuesday. China Asset didn’t immediately reply to an e-mailed query from Bloomberg News about how much money it has raised for the fund, which has been set up through the qualified domestic institutional investor scheme.