Xiaomi
Xiaomi looks set to smash its 100M sales target for 2018
Despite share price struggles, Xiaomi has revealed that it is on track for a record sales year which will see it easily surpass its goal of selling 100 million smartphones in…
China’s fast-rising Bullet Messenger hit with copyright complaint
Bullet Messenger, a fast-rising Chinese messaging upstart that’s gunning to take on local behemoth, WeChat, has been pulled from the iOS App Store owing to what its owners couch as a…
Tencent Music, China’s largest streaming service with 800M users, files for US IPO
This year has seen a number of tech companies that are majority or substantially owned by Chinese giant going public in the U.S. Baidu’s iQiyi service, Xiaomi-backed Huami and Viomi are…
The investors and founders of Yellow, 99 Taxis and Didi will talk about the new mobility race at Startup Battlefield Latin America
In the nine months since Didi acquired the Brazilian ride-hailing startup 99 in a deal that valued the company at a reported $1 billion, the market for mobility and logistics…
India’s new technology infrastructure has created a platform to build domestic tech giants
In the two years since Indian social media app ShareChat raised $4 million in funding from Lightspeed Ventures the converging trends of increasing smartphone use, wireless internet connectivity, and cashless…
Featured Article
Facebook’s plan to let companies it buys live independently is over
Mark Zuckerberg was quick to realize that Facebook, the largest social network in the world, doesn’t have a monopoly on all users nor can it bank on holding its position as top dog forever. Thus he instituted a policy of buying up promising rivals and integrating them into the Facebook ‘group’ in a strategy designed…
Apple’s Watch isn’t the first with an EKG reader but it will matter to more consumers
Apple’s COO Jeff Williams exuberantly proclaimed Apple’s Watch was the first to get FDA clearance as an over-the-counter electrocardiogram (EKG) reader during the special event at Apple headquarters on Wednesday.…
Xiaomi backs Indian consumer lending startup ZestMoney in $13.4M deal
Xiaomi has continued its investment in India after it led a $13.4 million round for fintech startup ZestMoney. The newly-public Chinese firm previously said it would invest up to $1 billion…
Huawei bags Apple’s 2nd place spot in global smartphone sales: Gartner
Another analyst has Huawei overtaking Apple in the global smartphone rankings for the second quarter this year. The latest figures from Gartner put Huawei ahead on sales to end users in…
Google is supercharging its Tez payment service in India ahead of global expansion
Google launched its Tez payment app in India a year ago, and now the company is giving the service a major push into retail as it prepares to expand it…
Thoughts on Xiaomi’s eighth anniversary and inaugural month as a public company
On August 16, Xiaomi celebrated the seventh anniversary of the release of its first phone, and the eighth anniversary of MIUI’s launch. As an early investor in Xiaomi in spring…
Xiaomi posts $2.1B profit in its first quarter as a public company
Chinese smartphone firm Xiaomi has posted a $2.1 billion profit for its first quarter of business as a public company on account of growing smartphone and hardware sales. The firm…
Unicorn exits are taking flight. With the IPO window wide open, an apparent record number of venture-backed companies privately valued over $1 billion have launched public offerings this year.
As money and talent flows into the crypto and blockchain worlds, a persistent question keeps coming up: what is going to be the “killer app” that drives adoption for these…
Sino-US investment firms are targeting over $4 billion for new funds launched this year
As limited partners increasingly demand greater exposure to emerging market opportunities, venture capital firms with a focus on Asia are bulking up their funds and chasing deals in an increasingly…
No surprise that smart speaker sales are on the rise. That certainly comports with recent numbers from NPD. The latest report from Canalys, however, pulls the camera back a bit…
Chinese Tesla rival Nio files to raise $1.8 billion in US IPO
Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York…
Alphabet earnings and the jaws of antitrust
It pays to be a monopolist. Alphabet’s earnings were stellar, and that is truly saying something. Just a few weeks ago, the European Union placed a record €4.34 billion fine…
Xiaomi goes after global markets with two new Android One phones
Xiaomi gave Google’s well-intentioned but somewhat-stalled Android One project a major boost last year when it unveiled its first device under the program, Mi A1. That’s now joined by not…
Samsung and Xiaomi had record smartphone shipments in India
India has quickly become ground zero for the smartphone wars. Last year, the country surpassed the U.S. to become the world’s No. 2 smartphone market, and manufacturers are falling over…
Xiaomi’s former head of international Hugo Barra lands IPO windfall
Xiaomi’s IPO in Hong Kong may not have been the smash hit that the company was hoping for, but the listing is a major financial windfall for one former employee: Xiaomi’s…
China’s Xiaomi makes underwhelming public debut in Hong Kong IPO
China’s Xiaomi, the world’s fifth biggest seller of smartphones, made an underwhelming public debut after it hit the Hong Kong Stock Exchange amid concerns around an ongoing trade war between…
Xiaomi postpones plan to sell shares in China alongside Hong Kong IPO
Chinese smartphone giant Xiaomi has shelved a plan to sell shares in China in conjunction with its imminent Hong Kong IPO. The company will instead go public in Hong Kong…
IP platform PatSnap picks up $38M from Sequoia and Xiaomi founder’s fund
PatSnap, a Euro-Asian company that offers a patent and R&D platform and services, has pulled in a $38 million Series D funding round led by existing investors Sequoia and Shunwei Capital, the…
Xiaomi posts $1.1B quarterly loss ahead of much-anticipated IPO
A month after it filed for a much-anticipated Hong Kong IPO, Xiaomi has revealed a little more financial information after a monster 621-page document disclosed a $1.1 billion (seven billion…
Xiaomi CDRs, SoftBank’s successors and China’s Samsung investigation
The weekend provided no rest to news-wary reporters, with major announcements coming from Xiaomi, SoftBank and the Chinese government the past few days that will continue to change the global…
Xiaomi’s new fitness band has 20-day battery life and 50-meter water resistance
Xiaomi’s very-iPhone-X-looking Mi 8 smartphone was the highlight of its Shenzhen press event today, but the company did also unveil a number of other notable products, including an updated version…
Xiaomi’s Mi 8 may be its most brazen iPhone copycat yet
Chinese smartphone firm Xiaomi, which is headed for IPO in Hong Kong, just announced its newest flagship smartphone and a bunch of other products at a launch event in Shenzhen…
Google is quietly formulating a new strategy for China
Google is slowly piecing together a strategy for China to ensure that it doesn’t miss out on the growth of technology in the world’s largest country. It’s been months in the…
Google brings its ARCore technology to China in partnership with Xiaomi
Google is ramping up its efforts to return to China. Earlier this year, the search giant detailed plans to bring its ARCore technology — which enables augmented reality and virtual…
