Posts Categorized: Business


Jingdong, JD Global

Bloomberg: Chinese e-commerce retailer Jingdong seeking $2 billion IPO

Beijing-based online retailer Jingdong, previously known as 360Buy, reportedly seeks to raise $2 billion in an IPO in the second half of th...

  • January 15, 2014
  • at 8:06 pm
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Bitcoin in India

Despite regulatory uncertainty over Bitcoin, a new cryptocurrency exchange launches in India

India’s warning about Bitcoin might have spooked some trading exchanges, but new ones are still popping up. Today a new exchange launc...

  • January 15, 2014
  • at 4:55 pm
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Huawei reveals huge revenue figure for 2013, pulls in $4.8 billion in profit

Huawei reveals huge revenue figure for 2013, pulls in $4.8 billion in profit

Huawei, the Chinese phone-maker and manufacturer of telecoms equipment, has revealed today that it pulled in up to $39.44 billion in sales r...

  • January 15, 2014
  • at 12:29 pm
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iPhone sales on NTT Docomo

Japan’s NTT Docomo sees big boost in subscribers from iPhone sales

After years of waiting, Japanese telco NTT Docomo (NYSE:DCM; TYO:9437) finally made a deal to sell the iPhone in October. So how’s tha...

  • January 10, 2014
  • at 4:40 pm
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China’s next Apple Store will open its doors on Friday

Beijingers, rejoice – China’s next Apple store opens for business this Friday at a newly-built location in China Central Place Shopp...

  • January 7, 2014
  • at 4:24 pm
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HTC financials 2013

HTC sales continue to tank as it limps into 2014

Taiwanese smartphone maker HTC (TPE:2498) saw sales revenue fall for the ninth consecutive quarter in the end of 2013. The company’s...

  • January 6, 2014
  • at 11:27 am
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ecommerce in India

Shop til you drop: India’s e-shoppers spent $16 billion in 2013

We know that India’s e-commerce industry is booming and lots of investment is flooding in, but how much are ordinary people actually s...

  • January 2, 2014
  • at 4:55 pm
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5 game-changing tech events in Thailand in 2013

2013 has finally come to an end. It’s been an eventful year as far as the tech scene goes: many startups were born, but unfortunately many...

  • December 30, 2013
  • at 6:00 pm
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Baidu has snapped up the rival e-book platform for RMB 191.5 million, which is $31.3 million.

Baidu boosts e-books offering with $31 million acquisition of rival site

Chinese search engine giant Baidu (NASDAQ:BIDU) is wrapping up a year of big acquisitions with yet another buy-out. This time the target is ...

  • December 30, 2013
  • at 10:56 am
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Tencent pumps $193 million into Asian logistics network in another strike against Alibaba

Tencent pumps $193 million into logistics and online merchants in another strike against Alibaba

Chinese web giant Tencent (HKG:0700) announced this evening the completion of a HK$1.5 billion (about $193 million) deal to take a stake in ...

  • January 15, 2014
  • at 7:34 pm
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China Mobile CEO: millions of iPhone pre-orders already taken ahead of launch

China Mobile CEO: 1.2 million iPhone pre-orders already taken ahead of launch

Apple’s (NASDAQ:AAPL) long awaited deal with China Mobile finally became a reality just before Christmas, and so the world’s big...

  • January 15, 2014
  • at 1:15 pm
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Path-Logo

Indonesia’s Bakrie Group leads Path’s $25 million Series C round

Mobile social network Path is huge in Indonesia. So huge that it has attracted attention from Indonesia's Bakrie Group.

  • January 11, 2014
  • at 12:28 pm
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unocoin ss

Indian Bitcoin exchange resumes trading today after government pressure to shut down

In the past couple weeks, India’s Bitcoin scene looked doomed to suffer the same hardships as that of China. A government warning on Decem...

  • January 8, 2014
  • at 9:00 am
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Baidu vs Google in China

Baidu down, Qihoo up, Google dead: 2013 was a year of drama for China’s search engines

Baidu down; Qihoo up; Google dead. That’s the summary of what happened to search engines in China in 2013. It was a year of big and dr...

  • January 7, 2014
  • at 1:11 pm
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coolpad samsung

Budget phone-maker Coolpad thinks it can sell more 4G smartphones than Samsung in China this year

Shenzhen-based budget smartphone maker Coolpad (HKG:2369) says it aims to sell more 4G handsets in China than Samsung (KRX:005935) in 20...

  • January 3, 2014
  • at 1:07 pm
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Xiaomi sold 18.7 million phones in 2013, more than double its previous year's tally

Xiaomi sold 18.7 million phones in 2013, more than double its previous year’s tally

This morning, disruptive phone-maker Xiaomi revealed its sales statistics for 2013. The Chinese startup, which first launched an Android-bas...

  • January 2, 2014
  • at 11:57 am
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China m-commerce

China’s e-commerce goes mobile in 2014

On November 11, China’s largest online shopping festival – the equivalent of Cyber Monday in the US – took place. On the two largest e...

  • December 30, 2013
  • at 3:38 pm
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Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

Chinese e-store Jingdong is on course to pull in over $16.35 billion in sales revenue in 2013, according to founder and CEO Liu Qiangdong. S...

  • December 23, 2013
  • at 8:00 pm
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