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Posted inNews

Huawei Joins Forces With Google & ZTE Cries Copycat

Those of us on holiday in China this week may have missed the launch of the latest Nexus devices from Google on Thursday, and the subsequent Weibo trends that ensued. Among the new Nexus range was a first-time entrant Huawei. Google’s newest flagship phablet, the Huawei Nexus 6P, is the first collaboration project between Huawei and […]

Posted inNews

Alibaba Shares Stumble As Sales Estimates Are Cut

There’s still ten days until the anniversary of Alibaba’s record breaking $25 billion USD NYSE IPO, but the honeymoon is well and truly over.  The e-commerce giant is now grappling with a slowing Chinese economy. Shares slumped again today to an all time low of $60.45 USD following the announcement that second-quarter sales would fall […]

Posted inNews

Ex-Baidu Founder Shakes Hands With Tencent In $85M USD Renrenche Funding Boost

Used-car sales platform Renrenche has scooped $85 million USD in Series C funding from Tencent. The company, which was founded by a series of ex-Baidu employees, now has a valuation of $ 500 Million USD.  Founded in April 2014, the company received $5 million USD series A funding from Redpoint Ventures and launched its services in July in Beijing, Guangzhou and […]

Posted inNews

Why ZTE Is Now Sponsoring Five NBA Teams

On New Year’s Eve 2014, Chinese telecoms equipment and smartphone supplier ZTE began a new phase in their growth. The company launched their new brand identity at the first game of the Golden State Warrior’s season, effectively ending their time in the U.S. market as purely a white label manufacturer for U.S. carriers and setting out to sell […]

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