Xiaomi plans to invest $1 billion in 100 Indian startups during the next five years, focusing on the construction of its smartphone ecosystem, Xiaomi CEO Lei Jun said in an interview with India Livemint on November 20.
"The Internet is a natural monopoly industry, and if it is still dominated by Baidu, Alibaba and Tencent in a decade, it will be most unfortunate for China," Richard Liu said at the release of Qihoo 360 CEO Zhou Hongyi’s new book in Beijing on November 19.
Tencent hosted the 2017 Tencent Media Summit in Shanghai on November 16. With “media’s new planet” as its theme, Tencent and a dozen of the world’s leading and innovative media met to discuss the global media revolution.
The Xianyu 2017 Strategic Conference was held in Beijing on November 16. The company is the third trillion worth platform that Alibaba has developed after Taobao and Tmall, said Chen Weiye, general manager of Xianyu, a part of Alibaba Group.
The fourth World Internet Conference will be held in Wuzhen, Zhejiang Province from December 3 to 5, the State Council Information Office said. The session's theme is "Develop Digital Economy and Promote Opening and Sharing – Jointly Build a Community of Shared Future in Cyberspace."
Seven of the Top 10 are Internet technology companies – namely, Apple, Google, Microsoft, Amazon, Facebook, Tencent and Alibaba – have a combined market value of $4.25 trillion, close to Japan's GDP in 2016.
Baidu CEO Robin Li spoke at the company's annual conference on November 16 in Beijing, introducing its latest artificial intelligence technology for mobile phones, cars and the family.
On November 15, Bike sharing company Bluegogo employees posted on a professional social platform that Bluegogo had been disbanded, and it will continue to default on employee salaries until February 10, 2018.
Xiaomi and Samsung both shipped 9.2 million mobile phones, each accounting 23.5 percent of the Indian smartphone market during Q3, IDC reported on November 14. The two are now tied for India's top mobile phone brand. The news marks the first time Xiaomi has caught up with Samsung to become the top smartphone in India.
Although Baidu, Alibaba, Tencent and NetEase products dominate the iOS market in China, a number of companies such as Toutiao and Meituan Dianping have crept into the Top 10 ranking, according to records of iOS App downloads by App Annie in the month of October. SEE ALSO: What did Toutiao’s Buy with its $1B Purchase…
China’s super computers the Sunway Taihu Light and Tianhe-2 have held onto their first- and second-place rankings in a new listing of the world's Top 500 supercomputers, released November 13. The list also showed the number of Chinese supercomputers in the Top 500 has also surpassed the number in in the United States.
Beijing Capital Airport and Beijing South Railway Station welcomes a mass of “refugees” from the field of media and public relations. Most hadn’t changed clothes for two or three days and had greasy hair and bags under their eyes.
China's National TV network CCTV 2 Finance Channel and the National Academy of Economic Strategy under the Chinese Academy of Social Sciences released their China Annual E-Commerce Report. How has Chinese e-commerce changed in the past year, and what are the highlights? What are the trends in global e-commerce?
Li Shufu said Geely, Volvo and other car companies are jointly developing an open electric model under the code PMA. "We've learned from Google's Android, and PMA's pure electric module is open," Li said.
This year's Singles' Day is just over, but Alibaba and JD.com are already fighting about how to calculate and record who had the most transactions.