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Hefei’s playbook involves active scouting, fiscal benefits, and a steady stream of incentives for workers to entice major tech companies.

For 2 million customers of BRI Life, the price was USD 7,000.

Wiliot’s vision is to expand the internet of things to include everyday products, such as plastic crates, pharmaceuticals, packaging, clothes, and other products.

The Cairo-born startup has raised over USD 100 million to date and aims to grow its annual gross revenue to USD 1 billion by 2025.

With the growing pace of digitization, low-code, no-code platforms are allowing businesses and brands to quickly create and deploy new products.

Delayed P50 launch comes as the company struggles to secure chips.

The company trains and markets short-video content creators across social channels like Douyin.

The company builds cloud-native solutions for a variety of clients to speed up software development and iteration.

Soda has also acquired Monokabu, Japan’s second largest operator in the sneaker market.

The bold strategy to invest in three companies led to explosive growth in Hefei’s jobs, GDP, and return on investment.