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Overtaked Xiaomi Huawei is top smartphone maker in China
November 12, 2018 Company News
Huawei has become the biggest smartphone manufacturer in its native China for the first time ever, overtaking Xiaomi to take the top spot. In the lucrative Chinese smartphone market, local hero Xiaomi has been considered the top dog in recent times – though Apple has also been a major challenger of late. That appears to have changed f ...
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Huawei Demonstrated 5G Technology in Bangladesh
November 12, 2018 Company News
Posts & Telecommunications Division, Ministry of Posts, Telecommunications and Information Technology of the Government of the People's Republic of Bangladesh in cooperation with Huawei and Robi, has demonstrated 5G technology for the first time in Bangladesh. Today, at Pan Pacific Sonargaon Hotel, the program was inaugurated by Mr. Sajeeb ...
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Alibaba aims to make cloud computing its ‘main business’
November 12, 2018 Trade News
Alibaba's cloud computing arm will be its "main business" in the future, CEO Daniel Zhang told CNBC. "We strongly believe that every business in the future will be powered by cloud. We are very happy to build this cloud infrastructure in a new digital era and support all business," Zhang said. "I think cloud will be ... the main business ...
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Alibaba’s Sales Growth Falters As The Competition Heats Up
November 12, 2018 Trade News
It should come as no surprise that Alibaba is less optimistic about its future growth prospects amid the ongoing trade tensions and economic uncertainties in its home market. But analysts are saying the e-commerce giant is facing an even more pressing issue – rising competition. Last week, the Hangzhou-based company lowered its revenue guidanc ...
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Chinese Internet Giant Alibaba Finally Files for IPO, Focusing on Mobile Story
November 12, 2018 Trade News
Alibaba Group, the Chinese e-commerce giant that is part-eBay, part-Amazon, has finally filed for an IPO in the United States. It is a watershed moment for the global Internet and is one of the largest public offerings in tech. It is also the best opportunity so far to buy into the massive digital growth that has been taking place in China. ...
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Alibaba Launches Entrepreneurs Fund for Hong Kong
November 12, 2018 Trade News
Alibaba Group Holding Limited (NYSE: BABA) today announced the official launch of its Entrepreneurs Fund for Hong Kong, with the objective to support the aspirations of entrepreneurs who wish to take advantage of the resources offered by Alibaba's ecosystem in e-commerce, logistics, mobile platforms, cloud computing and financial services. T ...
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