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October 25th, 2018 The EV giant Tesla is reportedly expecting to extend its earnings streak by bringing its new Model 3 to customers beyond North America. The company’s plan includes accelerating its manufacturing plans in China. Tesla witnessed its revenue increase aggressively to $6.8 billion in the third quarter (and a $312 million profit) after...
CHINA

October 23rd, 2018 Smart lighting solutions maker called Yeelight which is owned by Xiaomi has reportedly announced its foray into the Indian market amid the festive season. The China-based company has introduced four products including a smart lamp, a light strip and two smart bulbs. These products are priced between Rs 2,000 to 10,000 as mentioned...
CHINA

October 20th, 2018 The Indian market has been quite influenced by Chinese smartphone makers and thus, China has been able to capture a good portion of the Indian smartphone market. After conquering the country’s smartphone market, the Chinese companies are now trying to capture India's mobile phone accessories market. The Indian mobile phone...
CHINA

October 18th, 2018 China is the largest economy of the world and now, the digital economy of the country is also expected to become the world's largest amid rapid development as stated by the Hong Kong E-Commerce Association Chairman Joseph Yuen at the second Beijing CED Internet Summit. The overall revenue of China's e-commerce, online travel, and...
CHINA

October 16th, 2018 The vice-chairwoman of one of the largest property development company in China Country Garden has been named first on the list of the richest Chinese women for the sixth consecutive year. According to the Hurun Richest Woman in China 2018, Yang Huiyan is the richest woman in China. The wealth of the lady is around 150 billion yuan...
CHINA

October 15th, 2018 The founder and executive chairman of China’s largest e-commerce company Jack Ma is reportedly planning to open an institute to train thousands of tech entrepreneurs in Indonesia. However, he did not mention when Jack Ma Institute of Entrepreneurs would launch. The aim behind this move is to train 1,000 tech leaders a year over...
CHINA

October 13th, 2018 China’s largest search engine Baidu has entered into a strategic partnership with one of China's major music live streaming services known as NetEase Cloud Music. Following this partnership, Baidu stated that the high-quality content of NetEase Cloud Music will reach hundreds of millions of users by virtue of Baidu's app,...
CHINA

October 12th, 2018 Recently, the British multinational advertising and public relations company WPP announced its list of top 100 Chinese brands ranking in London with an aim to acknowledge Chinese companies' growing reputation on the international business stage. In this list, the Chinese internet giant Tencent topped the position and was termed as the...
CHINA

October 10th, 2018 China’s Tencent Holdings is tying up with a technology firm from the United Kingdom called Medopad Ltd to use artificial intelligence for the purpose of improving Parkinson's disease treatment. The company is collaborating with Medopad to develop a system to remotely monitor patients with severe movement disorder. The company said...
CHINA

October 8th, 2018 China’s EV company WM Motor has started volume delivery of its first model, the EX5 SUV marking its first entry into the country's booming new energy vehicles space. The company has been backed by internet giant Tencent and was established in 2015. It has a plant capable of producing 200,000 vehicles in Wenzhou, Zhejiang...
CHINA

October 5th, 2018 China’s software and IT sector are reportedly witnessing faster growth in terms of both revenue and profit in the first eight months of the year. According to the Ministry of Industry and Information Technology (MIIT), the total revenue of the sector was around $574.19 billion (3.95 trillion yuan) in January-August, increased from 14.8...
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