Oppo, Vivo, Realme, OnePlus, and Iqoo are all offshoots of Dongguan-based BBK Electronics. In 2020, they sold 19% of new smartphones around the world.

The clear proposition of a premium experience at an affordable price has elevated OnePlus as one of the most popular brands in India.

Oppo, Vivo, and Realme recorded a market presence of 51% in Southeast Asia in the second quarter of 2020.

BBK’s founder, billionaire Duan Yongping, rarely gives interviews, and the company’s management had almost let its brands exist independently.

India added 12 unicorns from January to April. Four of these firms operate in the B2B sector, and more will follow.

Singapore is a breeding ground for high-tech B2B firms, but Southeast Asia is not enough for these companies.

B2B startups in China are racing to define the standards for tech-empowered processes, and a rapid evolution is taking place in how businesses operate.