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Shanghai Daily,上海日报


Lenovo’s Motorola buyout done

Lenovo Group yesterday announced the completion of its acquisition of Motorola Mobility from Google in a US$2.9 billion deal — a move by the world’s biggest personal-computer maker to expand its business beyond the PC market....

October 31, 2014, Friday

Xiaomi ranked world No. 3

Xiaomi Inc has become the world’s third-largest smartphone vendor and taken the lead in China since entering the market only three years ago, research firms said yesterday....

October 31, 2014, Friday

China phones hurt Samsung profits

A woman walks past an advertisement for Samsung smartphone in Seoul yesterday. Samsung reported a near 50 percent fall in third-quarter net profit as its key smartphone business faltered amid growing competition from Chinese firms in the increasingly saturated market....

October 31, 2014, Friday

Sina Weibo eyes new functions to drive sales

SINA’S microblogging site Weibo plans to launch more functions after unveiling a payment system earlier this year as it aims to drive income not only from advertising but from online transactions, company ...

October 30, 2014, Thursday

Baidu Q3 sales up 52%, profit rises 27%

CHINA’S largest search engine Baidu said revenue in the third quarter rose 52 percent from a year ago to 13.5 billion yuan (US$2.2 billion) with the proportion of sales from mobile devices reaching 36 ...

October 30, 2014, Thursday

Record PE and VC investments in TMT in Q2

CHINA’S telecommunications, media and technology industry attracted record investments by private equity and venture capital firms since 2012 in the second quarter, PricewaterhouseCoopers said in a report ...

October 30, 2014, Thursday

Huawei aims to tap 4G population growth, executive says

THE growth of 4G user population is expected to speed up within the next two years globally, especially in the Chinese domestic market, thanks to more 4G networks and low cost of 4G phones, China’s biggest ...

October 29, 2014, Wednesday

Alitrip seeks to tap rising leisure travel

Alibaba yesterday launched an independent online travel business called Alitrip to tap the booming demand for leisure travel among domestic consumers. “...

October 29, 2014, Wednesday

Ma ranks China’s richest at US$20b

JACK Ma, founder of e-commerce giant Alibaba, is China’s richest person with a fortune of nearly US$20 billion, as billionaires increase despite a slowdown in the country’s economy, Forbes magazine said ...

October 29, 2014, Wednesday

Fair breaks record for countries attending

THE 16th China International Industry Fair will be the largest with a record-breaking number of more than 2,000 companies from 27 countries and regions showing off high-tech products in eight categories. ...

October 29, 2014, Wednesday


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