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CHINA BRIEF | Xiaomi puts over USD 100 million for a 27.4% stake in IoT maker Zimi

The firm produces power banks, chargers, data cables, and smart home appliances.

1 min read
  • Despite a sharp drop in first-quarter sales because of the coronavirus pandemic, smart speaker shipments in China are projected to grow 9.8% in 2020.

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    Chinese e-commerce giant Alibaba to invest USD 1.4 billion to build ecosystem around its Tmall Genie smart speaker

    2 mins read

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