Showing 1 - 5 of 5
What's wrong with China's national champions?
News, Adam Minter, Published on 05/03/2019
» A year ago, Didi Chuxing Inc, China's largest ride-sharing company, looked like a quintessential "national champion". It had driven Uber Technologies Inc from the local market, attracted investment from Apple Inc and was contemplating a Hong Kong IPO worth as much as US$80 billion (2.5 trillion baht). State media coverage was fawning, government support was all but assured and the company's near-monopoly looked unassailable.
Old phones may pose a 'security risk'
News, Adam Minter, Published on 12/11/2018
» That obsolete smartphone stashed away in a drawer or closet may not look like a national security risk, but the Trump administration is contemplating treating it as one.
Future lies with electric two-wheelers
News, Adam Minter, Published on 15/10/2018
» Given recent market turmoil, it would easy to overlook the upcoming IPO of Niu Technologies, a Chinese manufacturer of electric mopeds. The US$95 million the company plans to raise is a pittance compared to the billions burnt by Tesla Inc. But the technologies developed by Niu and other pioneers of electric two-wheel vehicles will transform transportation as much as anything dreamed up by the likes of Elon Musk.
Grindr holds a mirror to China's subtle evolution
News, Adam Minter, Published on 11/09/2018
» Grindr, the world's largest gay social-networking site, told the Shenzhen stock exchange recently that it plans to IPO overseas. Its owner, Beijing Kunlun Technology Co, a games developer, didn't give a date or location. But the announcement revived concern in the gay community locally and worldwide about the app's Chinese ownership.
Malaysia grows sceptical about Chinese investment
News, Adam Minter, Published on 09/05/2018
» Chinese President Xi Jinping won't be on the ballot when Malaysians vote for a new government today. But he is on election billboards. Although it's probably not a role that Mr Xi would've chosen for himself, China's influence on Malaysia's economy has become one of the most bitterly contested issues in a bruising campaign.