
Garmin Ltd on Wednesday forecast full-year revenue and profit above expectations along with strong fourth-quarter results, sending its shares up 15 percent to their highest in more than a decade.
33 published items with the word (s) or phrase Xiaomi in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Garmin Ltd on Wednesday forecast full-year revenue and profit above expectations along with strong fourth-quarter results, sending its shares up 15 percent to their highest in more than a decade.
The global tech giant has announced its financial results for the first quarter of 2019, reporting 33% growth in revenues in its “wearables, home and accessories” segment as iPhone sales fell 15%.
Chinese regulators are investigating Pinduoduo Inc after media reports of third-party vendors selling counterfeit goods on its group-discounting marketplace.
JD.com Inc’s finance arm has raised at least 13 billion yuan ($1.96 billion) in fresh equity from Chinese investors, doubling its valuation ahead of an expected initial public offering, sources said.
Global shipments of wearables grew 1.2% in Q1 2018 – snail’s pace progress when compared to the 18% growth reported this time last year –, as consumer preference shifts toward smarter devices and products diversify.
China plans to use cornerstone investors to help its overseas-listed tech giants such as Alibaba and Xiaomito sell shares at home, on worries the size of the deals could overwhelm mainland markets, three sources said.
Chinese fashion-focused e-commerce platform Meili Inc is seeking $500 million in an initial public offering targeted for the second half of this year, people with direct knowledge of the matter said.
Walmart is likely to reach a deal to buy a majority stake in e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, according to two sources.
The tech giant looks first to release a technology that will enhance the next generation of phones with accurate facial recognition and secure biometrics for payments, gesture sensing, and immersive shopping experiences.
According to a study from IDC, the American company elbowed out competitors Fitbit and Xiaomi to claim the top spot in the global wearables market in 2017, as growth in the sector slows but shows no sign of stopping.