This is a legacy of the first auto manufacturing in China, which started with joint ventures. Local brands did not have a chance to develop. There might also be a “consumption bias” on JV brands…
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Pinduoduo stock soars 19 per cent as it aligns with genuine brands to clean up counterfeit image
Pinduoduo, the social commerce company which became China’s No. 3 e-commerce firm within three years, is addressing the perception that it hawks cheap and counterfeit products by aligning itself with … ( read original story…
Western IoT brands lose 15% share in 12 months as China ramps up NB-IoT focus
Well established North American and European manufacturers of M2M and IoT devices have seen their share of global shipments slip by 15 per cent in the last 12 months as Chinese vendors have flooded th……
At US$2.7 billion Brand Value, Emaar is the Largest Global Developer Outside China Serving over 200 Nationalities
Emaar Properties, the global developer, has been ranked as the world’s largest property company outside China, with a brand value of over US$2.7 billion, making it the first choice for … ( read original story…
At US$2.7 billion Brand Value, Emaar is the…
Emaar Properties, the global developer, has been ranked as the world’s largest property company outside China, with a brand value of over US$2.7 billion, making it the first choice for international i… ( read original…
The secret to Muji’s ‘normcore’ success in China
Muji comes from a Japanese word Mujirushi Ryohin, which means “no-brand quality goods.” Just like its name, the company emphasizes keeping things simple and avoiding waste when it comes to production, … ( read original…
IPO Roundup: China’s wannabe ‘Tesla killer’ NIO Ltd trading above US$14 on NYSE
Shares of Shanghai-based electric-vehicle maker NIO Limited (NYSE:NIO), which has billed itself as a potent rival to Tesla, were trading at US$14.67 Thursday morning after an underwhelming IPO. NIO pr… ( read original story …)
China’s Tesla Rival Prices $1 Billion IPO Near Bottom
(Bloomberg) — The global excitement about electric cars faces a test in New York today. China’s NIO Inc., which seeks to take on the likes of Tesla Inc., starts trading on the New York stock…
“China’s Tesla” A Dud: Breaks For Trading Below IPO Price
There was a lot of anticipation ahead of today’s IPO of NIO, a flashy Chinese start-up called “China’s Tesla”, which predictably hopes to rival Tesla in China, and which planned to raise around $1 bil……
China’s wannabe ‘Tesla killer’ is about to go public in New York
The IPO valued the company at $6.4 billion. The company, which was founded only four years ago, is attempting to take on Tesla (TSLA) in China, the world’s biggest electric vehicle market. ( read original…
The American Car Brands Are Losing in China
Ford and General Motors are losing ground in China, Volvo braces for the hurricane headed for the Carolinas, Tesla’s biggest boosters are beginning to sour on Elon Musk’s shenanigans and more … ( read original…
Q&A with JD Home + Life: European Brands Enter Chinese Market
September 2018—European brands have been signing up with one of China’s largest retailers JD.com.With 300 million middle class consumers, China is considered the biggest market in the world. European … ( read original story …)
U.S. brands losing share of shrinking Chinese auto market
The market share of U.S. brands fell to 10.7 percent in the first eight months of 2018 from 12.2 percent a year earlier, according to the China Association of Automobile Manufacturers. The drop was ca……