Food delivery giant Meituan is looking to launch its drone delivery services in Hong Kong, joining a slew of Chinese tech giants that are searching for new growth in the city amid stiff competition on the mainland. Meituan aims to be one of the first companies to operate a drone delivery fleet in Hong Kong,…
Pedestrians walk near an advertisement promoting the sales festival in Beijing. (Picture credit: AP) While the Western world is gearing up for Black Friday and Cyber Monday, China has already celebrated its biggest shopping extravaganza—Singles Day. Often overshadowing other global shopping events, Singles Day has grown from a niche celebration to a retail phenomenon, surpassing…
China’s smartphone market is on track to record its first annual sales growth in five years, according to Counterpoint Research, which placed Apple out of the top-five domestic rankings in the third quarter. Sales in the world’s largest smartphone market rose 2.3 per cent year on year in the September quarter, marking four consecutive quarters…