In April, Chinese market shipped 18.079 million smartphones, down 34.2% year-on-year. 14.585 million were 5G smartphones, down 31.9% year-on-year, accounting for 80.7% overall.
Tang and his entrepreneurial story may someday become a classic case study taught in business schools. Whether about success or failure, it is certain to be extremely exciting.
Before the TikTok frenzy, many Chinese companies had already earned their place in overseas markets. Here are ten brands that you probably did not know were Chinese.
Meituan Dianping selected over 4,700 stores from 31 cities in 19 countries and included them in two lists titled “2019 Reputable Restaurants” and “2019 Popular Brands”.
Chinese markets are thriving and there is no denying in that! The communist-turned-capitalist country has been thriving by all leaps and bounds; it now houses some of the world’s most lucrative brands.
The third annual Facebook Overseas Marketing Summit was held in Shanghai on Sept. 12. At the event with the theme “created by you, loved by the world”, Facebook jointly released with KPMG a list of top 50 Chinese brands ranked by global influence.
2018 is the 40th anniversary of China’s reform and opening. Numerous goods have been stamped as Made in China during past 40 years, but what is the current reputation of Chinese brands?