India is becoming our largest overseas market, Xiaomi CEO Lei Jun says

By on November 23, 2014 at 1:15 PM.

India is becoming our largest overseas market, Xiaomi CEO Lei Jun says

Xiaomi’s chairman and CEO Lei Jun, speaking at the recent World Internet Conference, talked about how India is an important market for the Chinese company, and how it plans to become the biggest smartphone company in the world, Bloomberg reports. More →
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Yahoo now lets professional photographers sell their photos online through ‘Flickr Wall Art’

By on November 21, 2014 at 7:17 PM.

Yahoo now lets professional photographers sell their photos online through ‘Flickr Wall Art’

Yahoo has announced that 'Flickr Wall Art' will now become a marketplace where you can purchase from a variety of 50 million creative images by professionals and use them creatively in your homes, office or dorm room. More →
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Alibaba to launch its Taobao marketplace in international markets: Reuters

By on November 21, 2014 at 6:24 PM.

Alibaba to launch its Taobao marketplace in international markets: Reuters

After making waves at the Wall Street, Alibaba is looking at making its presence felt in international markets. The Chinese e-commerce giant’s founder Jack Ma has revealed that the company is planning on launching an international version of its marketplace Taobao, Reuters reports. More →
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Foxconn is investing $2.6 billion in a factory just for Apple: Bloomberg

By on November 21, 2014 at 4:00 PM.

Foxconn is investing $2.6 billion in a factory just for Apple: Bloomberg

Apple is ensuring it has a steady supply of components for its current and future products, and with that in mind has made a request to Foxconn for preferential treatment. The latter is said to have agreed and its Innolux factory will exclusively manufacture displays for Apple’s products, Bloomberg reports. More →
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Carpooling service provider Tripda to enter India, set to compete with Uber and Ola Cabs

By on November 21, 2014 at 2:09 PM.

Carpooling service provider Tripda to enter India, set to compete with Uber and Ola Cabs

With the cab service industry already at its competitive best, German-startup Tripida is now entering India. According to a TimesofIndia report, the Rocket Internet-backed company connects passengers with drivers who are travelling long distance acting like a carpooling service unlike the other technology-backed cab startups which are hired for shorter rides. More →
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Bangalore Police bust fake e-commerce site BigSop after several cheating claims on Twitter

By on November 21, 2014 at 11:48 AM.

Bangalore Police bust fake e-commerce site BigSop after several cheating claims on Twitter

The Central Crime Branch Police in Bangalore has raided and shutdown a fake e-commerce site after receiving several complaints over Twitter. BigSop, located near the Agara Lake in South-East Bangalore, was raided by the Police and six people associated with the scam were arrested, Medianama reports. More →
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Amazon reportedly launching a hotel booking service in 2015: Report

By on November 21, 2014 at 10:55 AM.

Amazon reportedly launching a hotel booking service in 2015: Report

If you thought Amazon was already doing enough in every space imaginable, it's adding another business on its online spectrum. The company is gearing up to launch a travel site by the start of January next year and the service will also let you book rooms at independent hotels and resorts in major cities, Skift.com reports.  More →
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