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The company beat market expectations.
Baidu is in urgent need to find a new frontier and smart speakers are very good entry points for their services
It’s the fourth time this year.
The Hong Kong Monetary Authority has so far issued 8 virtual banking licenses. Ant Financial, Tencent, Xiaomi, and Ping An each have one.
But global industry leaders are locked out of the lucrative Chinese market.
Turns out, Lei Jun’s promises are as good as gold.
And more than 92% of China’s smartphones are made in Dongguan.
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