Huawei doesn’t sell many phones to US consumers, but it has dominated its home territory for the past two years and is gradually squeezing out Apple’s iPhone. China, once a growth engine for iPhone ……
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SECOO Partners with Seven Luxury Brands to Provide One-Stop-Shopping for Exclusive Gifts this Chinese Valentine’s Day
and giving rise to a new fashion trend in China. Today, SECOO has become a leading Chinese premium lifestyle platform, maintaining more direct contracts with luxury brands than any other industry … ( read original…
Huawei’s China smartphone shipments surge as competitors like Apple tumble
Huawei’s smartphone shipments in China soared 31% in the second quarter … entity list that required companies to receive special licenses to sell or transfer technology to Huawei. U.S. officials … ( read original story…
China leads in Fortune Global 500 list of firms
“China’s performance indicates that the torrents of merger and acquisition activities aiming to forge globally influential conglomerates are starting to pay off,” said Jiang Qingyun, a business … ( read original story …)
Online sales platforms helping make luxury brands more affordable
discounted Louis Vuitton and cut-price Chanel – thanks to the rise of platforms selling secondhand goods in China, luxury brands are no longer out of reach. Wang Xingyang, a 29-year-old financial … ( read original…
How Dongtu brought brands into mobile messaging in China
CHINA has a strong preference for digital. That’s a default that companies have had to adapt to — and those that have made the transition successfully have been rewarded adequately by the market. That ……
As trade war bites, China’s factories set for third month of shrinking activity
Profits earned by China’s industrial firms contracted in June after briefly gaining the previous month. Earnings at these big firms have been softening since the second half of 2018 due to the … ( read…
China Races Ahead on Blockchain Innovation As the U.S. Falls Behind
The United States has often touted itself as the heart of global innovation. In the past decade, however, China has been focusing on technology as a means to overcome America’s economic dominance. One … (…
Qualcomm Seeks Closer Ties With China’s Tencent in Mobile Gaming
(Bloomberg) — Qualcomm Inc. said it will work with China’s Tencent Holdings Ltd. in a partnership the U.S. company hopes will cement its technology in the world’s biggest market for mobile gaming. … ( read…
China’s Beijing Kunlun to revisit Grindr IPO
HONG KONG/NEW YORK (Reuters) – Chinese gaming company Beijing Kunlun Tech Co Ltd said on Monday it would revive plans for an initial public offering (IPO) of popular gay dating app Grindr Inc, after a…
China’s Beijing Kunlun to revisit IPO for dating app Grindr
Chinese gaming company Beijing Kunlun Tech says it will revive plans for an initial public offering of popular gay dating app Grindr after a U.S. national security panel dropped its opposition to the … (…
China launches low-tax pilot schemes to support SMEs – Xinhua
SHANGHAI (Reuters) – China plans to allocate 2 billion yuan ($290.16 million) to a low-tax pilot scheme to bolster small and medium enterprises (SMEs) in urban areas, the official Xinhua news agency … ( read…
China Mobile’s Su Yu: 5G Drones Unleashing Huge Value
At this year’s MWC Shanghai, 5G connected drones remained a primary focus for exhibitions. This year’s exhibitions showed the industry’s unprecedented exploration in the application of 5G drones in … ( read original story …)