Asia

Huawei Sales Rise 15 Percent in 2014, Ending Year at $46B

Cloud Cash

Huawei, a Chinese provider of equipment and services for networking and telecoms, has ended 2014 with a 15 percent rise in sales revenue, surpassing its 11.6 percent growth in 2013, according to a New Year’s message from Ken Hu, the current Huawei CEO among its three rotating CEOs. Read More

Chinese Ecommerce Platform Alibaba Cracks Down on Counterfeit Goods

Alibaba Group removed 90 million listings from its online marketplaces ahead of its successful September IPO, the company announced last week. Alibaba Chief Risk Officer Polo Shao held a press conference announcing the listings removals, and the company posted a speech by CEO Jonathan Lu revealing its 2014 Counterfeit Report. Read More

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