Chinese gamers have historically been staunch PC buffs, but it was rather a Hobson’s choice. From 2000 to 2015 buying an Xbox or a PlayStation was not an easy feat for local youths, since most consoles were simply banned from official sale.
According to the newly released Fortune 500 list, Xiaomi managed to break through now ranking 468th. Lei Jun, founder of Xiaomi, has previously stated that Xiaomi aims to break into the global Fortune 500 list. Now Xiaomi has achieved this goal.
On June 22, 2019, Juhuasuan, Alibaba’s flash sale and marketing platform, launched the upgraded version of “Jutudi,” a digital initiative to help Chinese farmers optimize their supply chain and offer consumers better deals.
On the morning of July 22, at the hall of the Shanghai Stock Exchange, the Science and Technology Innovation Board (STIB) that has been in preparation for 259 days was officially launched, with 25 companies beginning trading.
During a visit to Brussels on July 18, Huawei’s head of PR Chen Weifang shared with Xinhua News Agency that her company has obtained more than 50 5G commercial contracts, 28 of which are from Europe.
OPPO joined hands with media artist Liu Jiayu to present her artwork titled “Tracing the Sky” in Distractions, a three-day tech summit that kicked off on July 14 in Manchester, UK.
Amazon China’s Prime Day was held on July 15 and 16, soon after the company closed its cooperation with third party vendors.
Douyu, the game live streaming company, has officially gone public on NASDAQ on July 17, trading under the ticker symbol of “DOYU”.
NIO is seeking a deal with investors that would be willing to finance its spin-off NIO Power. The new project is an effort to stay afloat amid fierce competition from local rivals.
Amazfit GTR combines traditional aesthetics of wristwatch design with modern smart elements. It stands as a tribute to the classics, with 24-day long battery life, built-in 12 professional sports modes, hundreds of themed dials, all-day heart rate monitoring, offline payment on Alipay and many other smart features.
July 15, SMZDM.com, a shopping guide platform known in China as Shenme Zhide Mai, (eng. What is worth buying) officially listed on the GEM board of the Shenzhen Stock Exchange. SMZDM.com has managed to stay afloat for nine years despite having attracted just one round of financing prior to the listing.
According to Zhao Ming, “smart screen is not a TV, it’s the future of TV.” The company is now aiming to upgrade the traditional TV industry.
Recently a murder case under suspicious circumstances broke out on Chinese social media. A nine-year old little girl named Zhang Zixin was killed after being abducted by the two tenants of her family’s residence. The two tenants committed suicide after allegedly drowning the little girl.
The world’s largest drone manufacturer DJI is planning to strengthen its U.S. presence by promoting cooperation with local government agencies and building a new plant in the country.
Smartphones online sales took a nosedive in the first quarter of 2019, according to Counterpoint Research.