Chinese investors are upping the ante in mobile games. A recent near-$9 billion deal for the firm behind “Clash of Clans” showed buyers from China were willing to place huge bets on the sector. Now comes a $4.4 takeover of Playtika, an Israeli maker of casino-style games. If anything, this move looks even bolder.
$6 billion – that is the amount of money that Chinese companies have committed to investing in U.S. technology firms in the first quarter of this year, according to a report this month by the Asia Society and Rhodium Group. This was no small jump, given that the peak annual transaction value in this category in the […]
Chinese Brands are Shaking up the $420B Smartphone Market. Triple-digit growth numbers are transforming Chinese brands, like Oppo and Vivo, into significant players in the global smartphone market.
IF YOU want to understand how China innovates, look no further than its hyper-competitive market for smartphones. Though Samsung and Apple dominate the business globally, the technology superpowers are being squeezed in China by aggressive local manufacturers. Now Chinese firms are selling their handsets abroad in ever-greater numbers and a battle is set to be […]