LeEco Acquires Vizio For $2B Amid U.S. Expansion

China's LeEco has agreed to acquire U.S. consumer electronics company, Vizio, for $2 billion USD, the Chinese company…


Alibaba Pictures Launches $300M Investment Fund Amid Sluggish Box Office Figures

Alibaba Pictures, the Alibaba-backed entertainment firm, announced the launch of a $300 million USD investment fund on…


Huawei Says They Can Hang On To Growth As Operating Margins Shrink

Huawei, the world's third largest smartphone brand, posted a 40 percent increase in first quarter sales revenue when…


Alibaba's Movie Ticketing Platform Is Costing Much More Than They Thought

Alibaba Pictures, the Alibaba-backed entertainment firm, has warned investors that the unit foresees greater losses…


Taobao Has An Image Problem, Which Is Why They Are Tapping Millenials

Taobao, the leading Chinese online marketplace backed by Alibaba, has attracted some serious flames over the products…


Apple Is Finally Opening A Flagship Store In Taiwan

Taiwanese manufacturer Foxconn is synonymous with the Apple as a primary assembler of their products. Which is why it's…


Huawei Sued Samsung. Now Samsung is Fighting Back.

The spat between Samsung and Huawei has officially come full circle. Samsung has sued the Chinese smartphone maker for…


The Last VCR Maker In Japan Has Called It Quits

Nostalgics and hipsters alike are weeping today - the last ever Japanese VCR, made in China, will roll off the line at…


China's Mobile Chip Demand Boosts Qualcomm Earnings

China hasn't always been an easy market for Qualcomm, but a bump in Chinese chip demand has given the U.S. chipmaker…


Alibaba, Amazon, Snapdeal Named In Indian Illegal Wildlife Trade List

Asia has an illegal wildlife trading problem, and some of the world's largest e-commerce platforms are at the center of…