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
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.
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.
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
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
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