Xiaomi has attained an enviable position in the Chinese smartphone market. But will its current strategies help it retain its prized spot as it gains scale?
This week, CEO Wang Jianlin missed the opportunity to become the richest man in China when the much awaited Dalian Wanda IPO turned out to be a damp squib and Xiaomi was valued at $45 billion, way higher than Uber.
This week, taxi app Didi Dache secured funding of more than $700 million, easily the biggest private investment in China’s mobile internet sector; LeTV announced an audacious plan to get into Tesla’s territory; and China’s import and export numbers slowed.
How the growing use of robots in China will impact different sectors of the economy, as well as the country’s robot makers.
The Alibaba IPO, which debuted on the NYSE recently, has broken all sorts of records. What are its prospects going forward?
Chinese tech companies are stocking up on patent purchases, but is it anything more than share price padding?
This week, new worries about China’s economy came to the fore even as Beijing reemphasized its intent to continue with reforms; the Alibaba IPO roadshow raised huge interest in the US; and Apple’s iPhone 6 won’t be coming to China any time soon. The Slowdown Last week, a dip in China’s manufacturing Purchasing Managers Index […]
Amazon CEO Jeff Bezos is placing big bets on the new Fire Phone. But the first challenge is to get the Fire Phone in the hands of customers already addicted to other smartphones like the iPhone. Since its introduction in June, Amazon’s new gadget, the Fire Phone, has drawn lots of skepticism on whether the phone […]
The week that was: Apple is making a comeback and beating Samsung in China; China has a debt-to-GDP ratio of a whopping 251%; and fast food giants find themselves battling a new food scandal. Will Apple eat Samsung’s pie? Although the earnings report of Apple’s third fiscal quarter of 2014 (Apple’s fiscal quarter runs from end […]
InnoSpring CEO Xiao Wang discusses the role of the first US-China tech start-up accelerator in closing the gap between China and Silicon Valley. Earlier this month, Qihoo 360, a Chinese internet security company, launched a venture capital fund in Silicon Valley, joining other Chinese tech giants and conglomerates like Alibaba, Tencent and Fosun International in their search for start-ups […]