TagIndia

Gap of Market Value between Alibaba and Amazon is Just 1.3% Narrowing Nearly 100 Billion Dollars in Past Two Months. By September 22nd, Amazon’s market value was $456.5 billion and Alibaba's was $450.7 billion. Their gap was just 1.3%. Almost two months ago, the gap in market value between these two companies reached $100 billion.…

The mobile phone selling like hotcakes in Africa isn’t Samsung nor Apple, but Tecno, a Shenzhen-based telecommunications company in China. According to open statistics, the company holds more than 40% of market shares in the 6 major countries of North Africa. Tecno broke into the African market using two mobile innovations: Dual-SIMs and beauty selfie…

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…

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…

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…

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…

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.…

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,…