Huawei’s China smartphone sales in August beat Apple for first time in 46 months: report

Huawei’s China smartphone sales in August beat Apple for first time in 46 months: report

That aligned with findings from government think tank China Academy of Information and Communications Technology, which reported a 12.7 per cent year-on-year decline in foreign smartphone shipments, including Apple’s iPhone, in the same month. Those shipments fell to 1.87 million units in August, from 2.14 million a year earlier, as domestic smartphone shipments rose 26.7 … Read more

Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending

Chinese tech giants from ByteDance to Meituan see surge in ‘golden week’ consumer spending

Chinese tech giants providing dining and travel-booking services saw consumer spending surge on their platforms during the “golden week” National Day holiday, according to data released by on-demand local services firms including Meituan and ByteDance-owned Douyin, the Chinese version of TikTok. During the first five days of the annual break, which ran this year from … Read more

China set to beat pre-pandemic travel levels during ‘golden week’ holiday

China set to beat pre-pandemic travel levels during ‘golden week’ holiday

China is expected to beat pre-pandemic levels of domestic travel during this year’s week-long National Day holiday. The “golden week” is typically one of the country’s busiest travel periods and, according to transport vice-minister Li Yang, this year is expected to see a total of 1.94 billion journeys during the holiday, which starts on Tuesday. … Read more