Xiaomi is diversifying into a new range of phones as the Chinese smartphone maker announced impressive growth with its latest financials. The company announced it will take over selfie app maker Meitu’s smartphone business to go after new demographics, particularly women, while it lodged impressive 49 percent revenue growth in Q3. Xiaomi posted a net profit of 2.481 […]
View More Xiaomi gobbles up selfie phone brand Meitu as revenue jumps 49%Category: smart products
London’s transport regulator looks to startups to help fix urban mobility
London’s transport regulator, TfL has announced a partnership with Bosch for its forthcoming co-working space in Shoreditch. The civic tech project is intended to run for 18 months as a pilot — though Bosch’s ‘Connectory’ co-working facility won’t open until the end of January. A company spokeswoman confirmed the partnership is nonetheless up and running […]
View More London’s transport regulator looks to startups to help fix urban mobilityXiaomi posts $2.1B profit in its first quarter as a public company
Chinese smartphone firm Xiaomi has posted a $2.1 billion profit for its first quarter of business as a public company on account of growing smartphone and hardware sales. The firm listed in Hong Kong in July in an IPO that raised $4.7 billion, but Xiaomi’s share price has steadily fallen since then. The company announced today […]
View More Xiaomi posts $2.1B profit in its first quarter as a public company