Time: 2018-12-28 09:52:56 Source: China Daily；Digital 360
Huawei set to post 21% sales growth in 2018. Huawei Technologies is forecast to record $108.5 billion in sales in 2018, marking a year-on-year growth of 21 percent, the company said on Thursday. The growth rate is faster than the company recorded in 2017 which stood at 15.7 percent.
Weibo plans to increase content-driven e-commerce investment. Weibo Corp, a leading social media platform, is investing 2 billion yuan ($290 million) to support content-driven e-commerce, multichannel networks, online celebrities, actors, entertainers and agencies in the next two years, as it attempts to better cater to the tech-savvy younger generation. Chinese firm gives MENA the digital edge. The Chinese mobile internet company employs dozens of Egyptian and Chinese workers. They are busy going back and forth from one room to another or sitting on their desks with their faces nailed to desktop computers and laptops.
Big data, AI help manage traffic in east China city. Chinese ride-hailing giant DiDi Chuxing has partnered with traffic police and Shandong University in the city of Jinan to use big data and artificial intelligence to ease traffic.
An intelligent traffic management system named JTBrain was officially launched Wednesday, equipping the capital of east China's Shandong Province with a self-adaptive traffic-light control system.
India tightens online marketplace rules, marking a possible blow against Amazon and Walmart. India has tightened rules regarding how foreign e-commerce platforms are allowed to sell goods in one of the fastest growing online markets, a potential blow to companies like Amazon.com Inc. and Walmart Inc.’s Flipkart, No. 9 in the Internet Retailer 2018 Online Marketplaces.
