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Xiaomi founder: Time for the world to copy Chinese innovation

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By David Cao
David Cao
19 March 2016
Hits: 836

Xiaomi founder - Lei Jun

Lei Jun, Founder & CEO of Xiaomi

Lei Jun, founder and chairman of Xiaomi Corp, one of the largest smartphone vendors in China, said Chinese innovation has started to win world recognition as more foreign firms are learning from their Chinese tech counterparts.

China's Internet sector has seen explosive growth in the past several years. This is not only because of the huge market but also innovations made by China's Internet companies, Lei said at the China Development Forum on Saturday.

Read more: Xiaomi founder: Time for the world to copy Chinese innovation

Lionel Messi named as Huawei's global ambassador

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By David Cao
David Cao
19 March 2016
Hits: 964
Lionel Messi named as Huawei's global ambassador

Argentine soccer superstar Lionel Messi will have to ditch his Samsung phone for a device from Chinese tech giant Huawei Technologies Co.

Huawei said on Friday it signed the 28-year-old FC Barcelona striker as a global ambassador to promote its consumer electronics and corporation. Messi had been endorsing Samsung Electronics Co's smartphones over the past years.

Read more: Lionel Messi named as Huawei's global ambassador

WeChat set to launch app for enterprise users

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By David Cao
David Cao
14 March 2016
Hits: 878

WeChat, which connects more than half a billion individual users via the mobile messaging service, is launching a separate application for enterprise clients.

The app, named Qiye Weixin or Enterprise WeChat in English, is under beta testing and is expected to be rolled out in the next couple of months.

WeChat, owned by Internet giant Tencent Holdings Ltd, said in a statement on Thursday that the enterprise messaging service is designed for work-related communication.

Read more: WeChat set to launch app for enterprise users

Vanke agrees to buy Shenzhen Metro stake amid control tussle

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By David Cao
David Cao
14 March 2016
Hits: 692

China's property behemoth Vanke Co has signed a preliminary agreement with subway operator Shenzhen Metro to acquire up to 60 billion yuan ($9.3 billion) of property assets atop its subway lines, in the latest control tussle between the company's top management and Baoneng Group.

Vanke plans to issue new shares in exchange, it said in a filing to Shenzhen Stock Exchange on Sunday, which will lead Shenzhen Metro to become one of its major shareholders.

Read more: Vanke agrees to buy Shenzhen Metro stake amid control tussle

Alibaba invest 1.25billion USD in food delivery APP Ele.me

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By David Cao
David Cao
27 December 2015
Hits: 838

Kangjia, The cofounder and CSO of Ele.me

Kangjia, The co-founder and CSO of Ele.me

E-commerce giant Alibaba Group Holding Ltd is said to have invested $1.25 billion in ele.me, becoming the biggest shareholder of the food delivery application.

According to a report from caixin.com on Friday, the two parties have already reached an agreement but the deal is expected to be completed after China's Spring Festival in February 2016.

Read more: Alibaba invest 1.25billion USD in food delivery APP Ele.me

More Articles …

  1. Meizu sold 8.9 million Smartphones in 6-month 2015
  2. Chinese Smartphone ROMs in Chaos
  3. Amazon opens store on Rival Alibaba's Tmall
  4. Zynga China Closed as gaming giant falls?
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Page 19 of 120

Banking

  • China T-bond move seen safeguarding financial stability
  • RMB expected to stay stable
  • China's policy bank provides 197.3 bln yuan in green loans in Q1
  • China central bank conducts reverse repos to maintain liquidity
  • Former president of China Merchants Bank under investigation

Real Estate

  • 21 Chinese cities tighten Real Estate Policy
  • LANZHOU NEW AREA new ghost town in China
  • Chinese invest $110 billion in US real estate
  • China's listed real estate companies post $461b of inventories for 2015
  • Beijing eases restrictions on foreigners buying apartments

Society

  • China Police issues Wanted Poster for 3 suspects affiliated with the U.S. National Security Agency (NSA)
  • China's new efforts for birth rates: Subsidies, services, social shifts
  • China will remove hukou-based marriage registration restrictions nationwide
  • Digital cat promotes eco-friendly items Sichuan China
  • China’s DeepSeek Overshadow an AI Summit in Paris

Manufacturing

  • 2025 Huawei launches latest foldable phone with unusual design
  • Chery Revives the Legend: Electric QQ Aims to Reclaim Glory in the EV Era
  • Cargo drone TP1000 undergoes debut test in Qingdao
  • Xiaomi YU7 SUV Test Car 258 exposed on Weibo
  • EngineAI's Robot Step Into New Era

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