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KrASIA Connection

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KrASIA Connection curates technology and innovation updates from China.

KrASIA Connection

News

Xingsheng raises USD 300 million while broader community group-buying craze wanes

The sector has lost momentum after hitting its peak in 2020, in part due to policies limiting the use of subsidies for user acquisition.

2 mins read
  • While Huawei retreats from the smartphone business, Xiaomi is ramping up its presence in Europe, Africa, and Latin America.

    News

    Xiaomi surpasses Apple to become world’s second largest smartphone brand

    2 mins read