Lei Jun : Xiaomi Will Return to No. 1

Xiaomi held its 2018 annual meeting on February 7. Company founder Lei Jun said 2017 was “the year of the reverse and breakthrough”. In October 2017, Xiaomi’s revenue exceeded 100 billion yuan ($15.88 billion). It took Xiaomi seven years to reach this level, which could be compared to Alibaba, Tencent and Huawei.

No Intermission for Shared Bikes’ War

Hundreds of workers in bright yellow uniforms assemble small yellow bicycles at the Tianjin Flying Pigeon bicycle factory on May 19. The workers hurriedly attach the wheels and gears to each frame, and every 15 seconds a new ofo unit is born. Workers at the end of the line load each new bike into cardboard […]