Tech Giants

Baidu, PayPal Cooperate to Open Up Cross-Border Shopping for Chinese Consumers

Baidu, PayPal Cooperate to Open Up Cross-Border Shopping for Chinese Consumers

Chinese internet giant Baidu Inc. [NASDAQ:BIDU] reached an agreement with international online payment provider PayPal Holdings Inc. [NASDAQ:PYPL] to provide…

Jul 28, 2017
Yicai Global
Ministry of Commerce’s Antitrust Review of Didi-Uber China Deal Is Still Under Way

Ministry of Commerce’s Antitrust Review of Didi-Uber China Deal Is Still Under Way

It has been almost a year since China’s ride-hailing behemoth, DiDi Chuxing bought Uber’s China business, but the ministry…

Jul 28, 2017
Guo Liqin
Huawei Will Unveil Artificial Intelligence Chip This Fall to Enhance Intelligent Life Experience

Huawei Will Unveil Artificial Intelligence Chip This Fall to Enhance Intelligent Life Experience

China’s networking and communications equipment and services giant Huawei Technologies Co. will unveil an artificial intelligence (AI) chip this fall, a senior executive of the company announced.

Jul 28, 2017
Li Na
Tencent's Share Price Hits All-Time High, Market Cap Tops USD371 Billion

Tencent's Share Price Hits All-Time High, Market Cap Tops USD371 Billion

Strong game revenue growth drove up the share price of Chinese tech giant Tencent Holdings Ltd. [HK:0700] today. The stock…

Jul 27, 2017
Chen Juan
Foxconn to Build USD10 Billion LCD Panel Plant in US

Foxconn to Build USD10 Billion LCD Panel Plant in US

The world's largest electronics manufacturing services provider Hon Hai Precision Industry Co., trading as Foxconn Technology Group Technology Group [TPE:2354],…

Jul 27, 2017
Li Na
Samsung Mobile Is on the Ropes in China and May Bow Out

Samsung Mobile Is on the Ropes in China and May Bow Out

Despite past outstanding performance, South Korea’s Samsung Electronics Co. [KS:005930] is steadily losing ground in China.

Jul 26, 2017
Xu Wei
iPhone’s China Market Share Falls to Fifth Place After 14% Drop in Sales Last Quarter

iPhone’s China Market Share Falls to Fifth Place After 14% Drop in Sales Last Quarter

The market share held by Apple Inc.’ [NASDAQ:AAPL] iPhone fell further in China last quarter, indicating that its status as…

Jul 26, 2017
Xu Wei
JD.Com and Suning Enter War of Words Over Courier Shutout

JD.Com and Suning Enter War of Words Over Courier Shutout

E-commerce giant JD.Com Inc. [NASDAQ:JD] recently stopped its merchants using TTK Express, a courier affiliated with online retail rival Suning…

Jul 25, 2017
Zhao Chenting
Jack Ma to Invite up to 500 African Entrepreneurs to Learn Business Skills in Hangzhou

Jack Ma to Invite up to 500 African Entrepreneurs to Learn Business Skills in Hangzhou

Jack Ma, board chairman of Alibaba Group Holding Ltd. [NYSE:BABA], will invite up to 500 African entrepreneurs to receive training on e-commerce and government operation in Hangzhou

Jul 25, 2017
Guan Jian
Alibaba’s Revenue Will Grow 45% to 48% This Year, Jack Ma Says

Alibaba’s Revenue Will Grow 45% to 48% This Year, Jack Ma Says

Alibaba Group Holding Ltd.’s [NYSE:BABA] revenue is expected to increase 45 to 48 percent in this fiscal year as many…

Jul 21, 2017
Xu Wei
Chinese Smartphone Brands Secured a 31% Market Share in Indonesia in First Quarter, Report Says

Chinese Smartphone Brands Secured a 31% Market Share in Indonesia in First Quarter, Report Says

Chinese smartphone brands’ market share in Indonesia was 31 percent in the first quarter, up from 23 percent in the…

Jul 21, 2017
Xu Wei
JD.com, Sichuan to Set Up 185 Drone Airports as Firm Pushes for 24-Hour Nationwide Delivery Network

JD.com, Sichuan to Set Up 185 Drone Airports as Firm Pushes for 24-Hour Nationwide Delivery Network

JD.com Inc. [NASDAQ:JD] has entered into a partnership with the southwestern Chinese province of Sichuan to set up 185 drone…

Jul 21, 2017
Dou Shicong

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