China’s Singles Day, the world’s largest online shopping holiday, smashed sales records in November 2021—but one sales figure in particular stood out. “Lipstick King” Li Jiaqi and “Livestream Queen” Viya, China’s two most famous livestreaming stars, sold a total of $3 billion...
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In China’s fiercely competitive e-commerce market, JD.com has aimed to differentiate itself through high-speed delivery. The company says that about 90% of its orders were delivered on the same or next day in 2020. That’s because of JD Logistics, the company’s logistics...
An interview with UT Starcom founder Hong Lu, on Masa Son, Alibaba, and bringing wireless to China
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Adam Bao recently interviewed Hong Lu, founder of UT Starcom, one of the pioneering telecom companies in China. Lu is widely respected not only as a tech entrepreneur, but also as founding chairman at SoftBank China Venture Capital (which wrote an initial $18 million check for Alibaba), and for...
As I outlined in my previous article, designing and manufacturing automotive semiconductors that are up to industry standards is difficult. Chinese semiconductor companies have not focused on this area until relatively recently, especially because it has been much easier to scale fast and make...
Spring Festival, or Chinese New Year, is right around the corner. As the biggest holiday season in China, it has always been one of the biggest consumption periods for many industries. But this year’s Spring Festival, which will begin Feb. 11, is going to be a little different, as millions of...