huawei revenue 2019

Huawei’s revenue hits record $122B this year despite U.S. sanctions, forecasts ‘difficult’ 2020

Huawei reported resilient revenue for 2019 on Tuesday as the embattled Chinese technology group continues to grow despite prolonged American campaign against its business, but cautioned that growth next year could prove more challenging. Eric Xu,  Huawei’s rotating chairman, wrote in a New Year’s message to employees that the company’s revenue has

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jio market launch

India’s richest man is ready to take on Amazon and Walmart’s Flipkart

As Amazon  and Walmart-owned Flipkart spend billions to make a dent in India’s retail market and reel from recent regulatory hurdles, the two companies have stumbled upon a new challenge: Mukesh Ambani, Asia’s richest man. Reliance Retail and Reliance Jio, two subsidiaries of Ambani’s Reliance Industries, said they have soft launched JioMart, their e-commerce venture

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Google-backed delivery firm Dunzo bags $45m in Lightbox-led round

India-based hyperlocal delivery firm Dunzo has raised US$45 million in a round led by new investor Lightbox. South Korea’s STIC Ventures and US-based 3L Capital also participated in the round, alongside existing investor Google. Photo credit: epSos.de The latest round, which brings the company’s valuation between US$180 million and US$200 million, may also see a top

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