Fortune Magazine published on July 19 its annual global list of 500 corporations. This year, 120 Chinese companies made the cut, which makes China a close second to the U.S. with 126 companies.
On July 16, Xiaomi announced through Twitter that it will soon launch the Mi A2 – the successor of Xiaomi‘s first Android One powered Mi A1, and likely the international version of the Mi 6X.
Faraday Future (FF), the California-based electrical vehicle start-up, confirmed on July 15 that Xia Haijun, CEO of Evergrande Group, has assumed the post of FF’s chairman. Jia Yueting, the founder of FF, continues in his role as the global CEO.
Vatti Corp. Ltd., the Chinese kitchen-appliance maker, together with its franchisees, initiated a country-wide refund procedure in response to the French victory in the 2018 FIFA World Cup in the early mornings on July 16 Beijing time (CST).
Indonesia unblocked Tik Tok on July 10, ending its one-week ban on the Chinese short video app after it agreed to censor “negative content”, according to government statement.
Tencent Holdings Limited announced on July 8 night that the company will spin off and list its online music entertainment business, Tencent Music Entertainment Group in the United States.
Daimler AG became the first international automaker to receive a road test license for Level 4 highly automated driving on the roads of the Chinese capital of Beijing.
In the first half of 2018, eight live-streaming platforms in China raised approximately 10 billion yuan (US$11.6 billion). Among them, leading platforms HUYA Inc. and Douyu TV account for nearly 70% of the total.
SenseTime, a Beijing-based industry leader in artificial intelligence (AI), has made a strategic move into Singapore through the signing of memoranda of understanding (MOU) with three leading Singaporean organizations.
Pete Lau, the CEO and founder of OnePlus announced the release of the OnePlus 6 Red in the official OnePlus online community on July 2. Previously, OnePlus 6 was only available in Mirror Black, Midnight Black and Silk White.
Evergrande Group, a Shenzhen-based Chinese real estate giant, has acquired 100 percent shares of Season Smart Limited for HKD 6.746 billion($860 million), becoming the British company’s largest shareholder.
Meituan-Dianping submitted the file for its Initial Public Offering (IPO) to Hong Kong stock exchange on June 22, targeting to raise $6 billion in funds. It will compete with the incoming IPO of Xiaomi in scale with a funding target of $6.1 billion.
One year into an ideal job in a multinational corporation, my friend Lin made the seemingly risky decision to move to a startup. The multinational offered a decent salary, bonuses and a mature training system. What more could a new graduate expect?
Xiaomi Corporation is going to be the first foreign company to issue Chinese Depositary Receipts (CDRs) in mainland China, as revealed in its prospectus released by the China Securities Regulatory Commission on Monday.
