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The once-gilded startup wants to diminish its operations in the Chinese market, where it suffers high vacancy rates.

Xiaomi maintained its leadership with 26% market share, ahead of Samsung.

On average, a Hongkonger uses a digital wallet two or three times a week, but only one-third in city are classified as heavy users at four to six times a week.

The new “Industry Assistant” is able to gauge a merchant’s effectiveness in its user retention and business marketing.

The online home decoration platform is now a unicorn.

Xiaomi’s smart home appliance lineup is part of the company’s “smartphone+AIoT” dual-engine strategy announced earlier this year.

It still takes time for Pinduoduo to prove its value to investors as it is still unprofitable.

Analysts are positive on the e-commerce player’s IPO and dual listing plans.

Keep said businesses that fail to work well will be cut.

There’s plenty to cheer for, though there are a few contrarian voices.