Chinese telecom group Huawei Technologies is set to launch as a major smartphone brand in the United States after agreeing a deal with one of the country’s largest mobile network operators, the South China Morning Post reports. The move comes more than five years after the company was branded a national security threat by the […]
Category: Consumer
Another year begins, and we’re looking at some of the highflyers. LeEco’s CEO Jia Yueting is the United States and has decided so far to ignore an order to come home. He’s clearly re-organizing assets in the US and in Hong Kong that are beyond the direct grasp of Those in Command. Watch this space. […]
A recent user backlash against Alibaba’s online finance affiliate Ant Financial suggests that Chinese citizens growing increasingly frustrated at internet companies playing fast-and-loose with their personal information, according to the New York Times. Ant Financial apologized to users on Thursday after a public outcry over a recent campaign it ran, in which customers who signed […]
China’s services sector posted the fastest growth in over three years in December, according to a survey produced by Caixin. The news is a further sign that the world’s second-largest economy is on an upturn. The Caixin China General Services Business Activity Index rose to 53.9 in December, rising from 51.9 in November. It is […]
The head of Chinese ride-hailing giant Didi Chuxing, which famously forced Uber Technologies to retreat from the mainland market, is preparing for another vicious price-war, the South China Morning Post reports. “If you want war, you will get war,” said Cheng Wei, the co-founder and chief executive of Didi Chuxing, in a recent interview with Caijing […]