Chinese smartphone maker Xiaomi plans to open 100 experience stores in India in 2015. According to Xiaomi, those experience stores will not sell any products. Instead, they will become channels for Indian consumers to experience Xiaomi products. Xiaomi entered the Indian market in July 2014 and its products are mainly sold via the local e-commerce operator Flipkart.com. India is ...
Alibaba's cloud computing service Aliyun announced that its data center in Silicon Valley has started trial operation and is providing cloud services to users in North America and around the world. This is reportedly Aliyun's sixth data center, following those opened in Hangzhou, Qingdao, Beijing, Hong Kong, and Shenzhen. It also means that Aliyun will start competing with Amazon's AWS ...
Chinese classified information website 58.com officially announced that the company has acquired the real estate information website Anjuke.com for USD267.01 million in cash and stock. After the acquisition, 58.com will establish a real estate business cluster to integrate the real estate businesses of 58.com and Anjuke.com and the company will develop a full-sector business covering ...
The European Patent Office announced that Chinese enterprises submitted 26,500 patent applications to them in 2014. According to the report, the office received a total of 274,000 patent applications last year, representing a year-on-year increase of 3.1%. Of which, Samsung submitted 2,541 patents, ranking first; while China's Huawei ranked fifth with 1,600 applications. Following Samsung, Philips ...
American game developer Zynga announced that the company will close its office in Beijing. Zynga announced the decision while publishing its performance report for the fourth quarter of 2014. The company said that they will cut the 71 jobs in Beijing office and the related expense of USD7 million will be included in the first quarter of 2015. According to Zynga's financial report, the company ...
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