Counterpoint, the research company reported that Xiaomi sold more phones in June than its competitors Apple and Samsung. The company’s sales increased by 26% compared to the previous month. It gave Xiaomi a 17.1% share of the
An e-commerce giant, Amazon, has unveiled its plans to cut waste. The firm launched two programs to give products a second life when they are returned to companies that sell items on Amazon’s platform or
According to the chairman of Huawei, the Chinese technology company “aims to survive”. Remarkably, the tech company’s revenue declined by nearly 30% in the first half of 2021. Huawei announced on Friday that it made
A ride-hailing giant, Uber beat estimates on the top and bottom line. It turned an unexpected one-time profit during the Q2 of 2021. Shares of Uber declined by more than 4% in after-hours trading. Analysts
According to the latest news, Tencent Holdings fell 11% Tuesday. This came after China branded the spiritual opium and electronic drugs of games. It stoking fears China will next set its sights on online entertainment.
According to the latest news, at China Joy, Chinese giant JD.com developed a booth featuring the giant version of its dog mascot Joy, where gamers gathered to compete against one another. Remarkably, China Joy is
The shares of the tech giant, Facebook, fell 5% after the firm called for revenue growth to slow in the quarters ahead. However, the social media company reported second-quarter reports, which came in ahead of
Although the U.S. and Japan were dominating the gaming spaces for decades, the latest news shows that China’s influence is growing. Chinese tech giants snap up gaming studios across the world. According to some experts,
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