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China's Xiaomi smartphones cater to an Applesque fan base

Submitted by Karthik on 8 December, 2012 - 10:44

Xiaomi tech is a four billion dollar Chinese company which makes smartphones that compete with Apple's iPhone and Samsung's Galaxy S series. The company is led by Lei Jun, a man compared to Steve Jobs, and commands a fan base who are just as crazy about its products as Apple fans are of Apple's.

Chinese online mall reports USD 3B in sales in one day

Submitted by Karthik on 17 November, 2012 - 00:22

China's e-commerce portal Taobao reports that it conducted USD 3 Billion worth of business in 24 hours on Singles' Day. The store is owned by the Alibaba Group, a subsidiary of which—alibaba.com—has a presence in India as well.

More on this story can be found on this blog.

Housewives on trial in China for smuggling in iPhones and iPads

Submitted by Karthik on 16 November, 2012 - 20:35

Lanyou Numeral was one of the top sellers on Taobao.com, a Chinese online marketplace. Earlier this week, 25 suspects—mostly housewives from Mainland China—were tried for smuggling in Apple iPhones and iPads on behalf of Lanyou Numeral in a bid to avoid paying the high import duties levied on the products.

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