India Archives - Page 15 of 15

Tencent, Alibaba fight for share in India’s mobile payment

The war between Tencent and Alibaba has spread to India. This time, they’re wrestling over mobile payments. Indian chat app Hike Messenger, which Tencent invested in last August, recently added a “red envelope” function similar to WeChat’s. WeChat’s “red envelope” function is based on the tradition of “hongbaos” given during special occasions. Users on the […]

Xiaomi Mobile’s Shipment Increased by 58%, Re-entering Global Top Five

For a long time, in IDC, Gartner, Strategy Analytics and other rankings of global mobile phone shipments, Xiaomi didn’t rank top five. Looking through the previous information, you can see the last time Xiaomi entered the global top five was in Q2 last year. According to Gartner, at that time, Xiaomi had 15.53 million shipments, […]

Southeast Asia becomes Alibaba and Tencent’s new battle field

Two global technological forces are disrupting the peaceful ecological environment in Southeast Asia. They’re not Silicon Valley technological companies like Google or Facebook. They are the two Chinese giants Tencent and Alibaba. The two companies provide the strongest financial support and the most successful business experience for venture capital firms in Southeast Asia. More and […]

Ant Financial Is Going to Release A Malaysian Version of Alipay

On July 24, Ant Financial announced the signing of an agreement with Touch’n Go (TNG), a company directly affiliated with the CIMB Bank. A joint venture company will be formed to provide electronic wallet solutions and other related financial services for local users. In the future, Malaysian people will be able to easily use their […]

Chinese shared parking startup Airparking receives millions in RMB of Pre-A Round

Chinese shared parking startup Airparking announced the recent completion of their Pre-Series A round financing worth about millions in RMB. This was an exclusive funding from SAIF Partners and the registration of industrial and commercial changes were done as well. This is the second round of financing for Airparking since their last funding from an […]

Lei Jun announces Xiaomi sales reached a historical high

This was the first good news that came across after Xiaomi CEO Lei Jun was, once again, in control of the supply chain. On July 7th, Lei sent out an internal e-mail, announcing the sale of Xiaomi mobile phones during the second quarter of 2017 reached 23.16 million units, ranking this number a historical high […]

Silicon Valley’s China Paradox

Li Zhifei has spent his professional career cross-pollinating the world’s two most vibrant innovation ecosystems. Born in central China at the dawn of reform and opening, Li graduated college in China and dove headfirst into the country’s dot com boom of the early 2000s. When that bubble burst, he headed to Johns Hopkins University for […]

The Real Threat of Artificial Intelligence

BEIJING — What worries you about the coming world of artificial intelligence? Too often the answer to this question resembles the plot of a sci-fi thriller. People worry that developments in A.I. will bring about the “singularity” — that point in history when A.I. surpasses human intelligence, leading to an unimaginable revolution in human affairs. […]

OnePlus Founder: The Differences Between OnePlus and Xiaomi

Yesterday OnePlus launched their new flagship device OnePlus 5. Here is an interview almost 3 years ago with OnePlus founder Peter Lau, at that moment their first generation product OnePlus One just made its debut. Recently, the British magazine “Connect” published the following: “What the Moto G did for the budget end of the market, […]

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