Overtaked Xiaomi Huawei is top smartphone maker in China
Huawei has become the biggest smartphone manufacturer in its native China for the first time ever, overtaking Xiaomi to take the top spot. In the lucrative Chinese smartphone market, local hero Xiaomi has been considered the top dog in recent times – though Apple has also been a major challenger of late. That appears to have changed for Q3 of 2015, if data from research firm Canalys is to be believed. According to a recent report (via TechCrunch), a…Huawei Demonstrated 5G Technology in Bangladesh
Posts & Telecommunications Division, Ministry of Posts, Telecommunications and Information Technology of the Government of the People's Republic of Bangladesh in cooperation with Huawei and Robi, has demonstrated 5G technology for the first time in Bangladesh. Today, at Pan Pacific Sonargaon Hotel, the program was inaugurated by Mr. Sajeeb Ahmed Wazed, Hon’ble Prime Minister’s ICT Affairs Adviser. The purposes of this event are to show how a 5G ecosystem can be cultivated in Digital Bangladesh and how to use 5G…Alibaba aims to make cloud computing its ‘main business’
Alibaba's cloud computing arm will be its "main business" in the future, CEO Daniel Zhang told CNBC. "We strongly believe that every business in the future will be powered by cloud. We are very happy to build this cloud infrastructure in a new digital era and support all business," Zhang said. "I think cloud will be ... the main business of Alibaba in the future," he added. The Chinese e-commerce giant's cloud business has been growing at a rapid pace, and…Alibaba’s Sales Growth Falters As The Competition Heats Up
It should come as no surprise that Alibaba is less optimistic about its future growth prospects amid the ongoing trade tensions and economic uncertainties in its home market. But analysts are saying the e-commerce giant is facing an even more pressing issue – rising competition. Last week, the Hangzhou-based company lowered its revenue guidance for the next fiscal year to between 375 and 383 billion yuan ($54 and $55.3 billion), a 4% to 6% decrease from its target announced last…Alibaba Group Appoints Jodee Kozlak as Global Senior Vice President of Human Resources
Alibaba Group Holding Limited (NYSE: BABA) announced today the appointment of Jodee Kozlak as Global Senior Vice President of Human Resources. Ms. Kozlak will be responsible for helping to build Alibaba Group's international leadership team as the company continues to expand globally. Jodee will jointly report to Alibaba Group Deputy Chief People Officer, Jane Jiang and to Alibaba Group President, Michael Evans. Ms. Kozlak's appointment highlights Alibaba Group's strong commitment to globalizing its business. The company has made growing its…Alibaba Launches Entrepreneurs Fund for Hong Kong
Alibaba Group Holding Limited (NYSE: BABA) today announced the official launch of its Entrepreneurs Fund for Hong Kong, with the objective to support the aspirations of entrepreneurs who wish to take advantage of the resources offered by Alibaba's ecosystem in e-commerce, logistics, mobile platforms, cloud computing and financial services. The Hong Kong Entrepreneurs Fund is a not-for-profit initiative of Alibaba Group. The mission of the Fund is to help entrepreneurs realize their dreams and visions for a Hong Kong that…
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