China

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Ambitious Alibaba takes aim at the kings of cloud computing

HANGZHOU, CHINA - OCTOBER 13:  (CHINA OUT) Jack Ma, chairman of Alibaba Group Holding Ltd., speaks during the launching ceremony of the Alibaba's Tmall 11.11 Global Shopping Festival at the company's headquarters on October 13, 2015 in Hangzhou, Zhejiang Province of China. Alibaba will open offices in three European countries and expand further in the U.S as it seeks to revive growth and reassure jittery investors. The 11.11 Global Shopping event this year will cover more than 200 countries throughout the world in large-scale businesses.  (Photo by VCG/VCG via Getty Images) When you think of the biggest cloud players in the world, one company you might not consider is Alibaba, the Chinese e-commerce giant that held a record $25 billion U.S. IPO in 2014. Alibaba entered the cloud computing business in 2009, just three years after Amazon launched its cloud division, AWS — and Alibaba’s cloud computing efforts are among the ambitious projects that… Read More

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Oppo topped China’s smartphone market in 2016, as Apple recorded first annual decline

apple-china Oppo is not a name that is anything like as familiar as Apple, Xiaomi or Huawei worldwide, but there’s further proof that it is most definitely one to watch, according the findings of a new report.
That’s because the little-known phone-maker scooped the top spot for smartphone sales in China last year, for the first time, fractionally beating out its sister company Vivo and… Read More

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China overtakes the U.S. in iOS App Store revenue

apple-china China has now overtaken the U.S. to become the largest market in the world for App Store revenue, according to a new report out this morning from app intelligence firm App Annie. The country earned over $1.7 billion in Q3 2016, which puts it ahead of the U.S. by over 15 percent. The U.S. had been the number one iOS market since 2010, the report notes. Today, Chinese consumers spend more than… Read More

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Huawei replaces Xiaomi at top of Chinese smartphone market

Xiaomi Mi Note The most recent numbers out of analyst firm IDC show a major shakeup in the Chinese smartphone market for Q2. During an especially rough quarter, local handset maker Xiaomi’s shipment dipped significantly from 17.1 to 10.5 million year over year, according to the firm. The 38 percent drop was enough to knock the company down to the fourth position, as Huawei took over the top spot with… Read More

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