Chris Liu
The Latest
-
Foxconn Boosts India Presence, Pledges $1.5 Billion Amid Diversification from China
Taiwan's Foxconn, the world's largest contract manufacturer of electronics, has announced an investment of $1.5 billion in India. The company, known for being a major supplier for Apple, detailed its investment plans in a recent stock exchange filing. 
Taiwan's Foxconn, the world's largest contract manufacturer of electronics, has announced an investment of $1.5 billion in India. The company, known for being a major supplier for Apple, detailed its investment plans in a recent stock exchange filing. -
Shein Eyes U.S. Public Markets with Confidential IPO Filing
The Chinese fast-fashion giant Shein has taken a significant step towards expanding its global footprint by confidentially filing for an initial public offering (IPO) in the United States. Sources familiar with the matter indicate that the company, which was last valued at $66 billion, is aiming for a public market debut as early as 2024. 
The Chinese fast-fashion giant Shein has taken a significant step towards expanding its global footprint by confidentially filing for an initial public offering (IPO) in the United States. Sources familiar with the matter indicate that the company, which was last valued at $66 billion, is aiming for a public market debut as early as 2024. -
Live Streaming E-commerce: The Emerging Threat to Amazon from Chinese Online Retailers
The rise of Temu in the United States is currently overshadowing Amazon, but the real challenge Amazon may face comes from the yet-to-be fully unleashed Chinese e-commerce strategy of live streaming sales. 
The rise of Temu in the United States is currently overshadowing Amazon, but the real challenge Amazon may face comes from the yet-to-be fully unleashed Chinese e-commerce strategy of live streaming sales. -
ByteDance Retreats from Gaming, Cuts Jobs Amidst Rivalry with Tencent
ByteDance, the parent company of TikTok, is significantly downsizing its gaming division, marking a retreat from its ambitious challenge to gaming giants like Tencent. The move will result in the loss of hundreds of jobs within the company's main gaming unit, Nuverse. 
ByteDance, the parent company of TikTok, is significantly downsizing its gaming division, marking a retreat from its ambitious challenge to gaming giants like Tencent. The move will result in the loss of hundreds of jobs within the company's main gaming unit, Nuverse. -
Buffett's Berkshire Hathaway Exits Paytm with a 30% Loss
Reports indicate that Buffett's company faced a loss of 6 billion rupees (approximately $72 million), marking a 30% investment loss. 
Reports indicate that Buffett's company faced a loss of 6 billion rupees (approximately $72 million), marking a 30% investment loss. -
Sam Altman's Ouster and Comeback Tied to Threatening AGI Development at OpenAI
According to sources close to the matter, the turmoil within the AI research organization was linked to concerns about a potentially dangerous Artificial General Intelligence (AGI) model under development. 
According to sources close to the matter, the turmoil within the AI research organization was linked to concerns about a potentially dangerous Artificial General Intelligence (AGI) model under development. -
TikTok Reportedly Eyes Investment in Indonesian GoTo Group's Subsidiary to Revive E-commerce Operations
TikTok's parent company, ByteDance, is planning to invest in a subsidiary of Indonesia's internet company GoTo Group, in a bid to resume its e-commerce operations in Indonesia. 
TikTok's parent company, ByteDance, is planning to invest in a subsidiary of Indonesia's internet company GoTo Group, in a bid to resume its e-commerce operations in Indonesia. -
Jack Ma Halts Alibaba Share Sale Amid Declining Stock Prices
Alibaba Group Holding Ltd. founder Jack Ma has paused his plans to reduce his stake in the e-commerce giant, an internal memo revealed, following a significant drop in the company's share price. 
Alibaba Group Holding Ltd. founder Jack Ma has paused his plans to reduce his stake in the e-commerce giant, an internal memo revealed, following a significant drop in the company's share price. -
Honor, Huawei's Smartphone Spinoff, Plans IPO to Compete with Apple and Samsung
Honor, the former subsidiary of Chinese tech behemoth Huawei, has announced its plans to launch an initial public offering (IPO). 
Honor, the former subsidiary of Chinese tech behemoth Huawei, has announced its plans to launch an initial public offering (IPO). -
CATL Reportedly Considering Hong Kong Listing
Contemporary Amperex Technology Co. Ltd. (CATL), identified by its stock code 300750.SZ, is reportedly contemplating a listing on the Hong Kong Stock Exchange. 
Contemporary Amperex Technology Co. Ltd. (CATL), identified by its stock code 300750.SZ, is reportedly contemplating a listing on the Hong Kong Stock Exchange.
