Jane Poynter, co-founder and chief executive officer of World View Enterprises, revealed that the company recently gained a new round of investments and its investors included the Chinese Internet technology giant Tencent. Focusing on the research and development of space travel business, World View operates high-altitude balloons that offer an accessible and affordable way to access ...
China's biggest e-commerce company claims more than USD1 billion worth of goods were sold over its sites within the first 20 minutes of this year's 11.11 Shopping Festival. Alibaba says it hit USD1 billion in gross merchandise volume at 12:17 A.M. this morning. As impressive was news that nearly half of all transactions took place via smartphones and other mobile devices. Alibaba ...
Lenovo and Google jointly announced that Lenovo formally completed its acquisition of Motorola Mobility from Google, and this now makes Lenovo the third largest smartphone maker in the world. Yang Yuanqing, chairman and chief executive officer of Lenovo Group, said that while enhancing the company position as the third largest smartphone maker in the world, Lenovo will challenge the top ...
Lei Jun, chairman and chief executive officer of Chinese smartphone maker Xiaomi, says the company will invest USD1 billion in the video content industry as it aims to improve content of its TV and TV box products. For content, Lei said they prefer to cooperate with partners in the video content sector and realize joint growth in the area. Lei said the most important thing for ...
Chinese cosmetics B2C e-commerce website Jumei.com has formed a strategic partnership with Beijing Daily Group for logistics, distribution, e-commerce, and big data analysis. Financial terms of the deal were not announced. A representative from Beijing Daily Group said that by integrating duplicated third-party logistics resources, Jumei.com realizes a self-built distribution ...
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