Rocket Internet opens its first engineering hub in Asia

 Rocket Internet is increasing its focus on Asia after it opened its first engineering hub in…

Kik snaps up video chat app maker Rounds for a reported $60-$80 million

 Messaging company Kik has made its second major acquisition after it scooped up Israel-based mobile video…

Xiaomi is skipping Mobile World Congress entirely this year

 Samsung isn’t the only major phone maker who won’t be announcing a new device at Mobile…

Microsoft CEO Satya Nadella is joining the Starbucks board

 Satya Nadella is set to join the board of Starbucks. The Microsoft CEO was announced as one…

LG posts $224 million loss as ‘weak’ selling G5 smartphone drags it down once again

 Samsung just recorded its best quarter of business for three years, but the same can’t be…

Samsung and Chinese brands utterly dominated India’s smartphone market in Q4 2016

 India is in the midst of a revolution: the Chinese smartphone revolution. For the first time…

Alibaba’s local commerce platform, Koubei, raises $1.1 billion

 Alibaba just reported a very impressive quarter of business, but there was a small nugget of notable…

Alibaba smashes estimates as revenue jumps 54% to $7.67 billion

 Alibaba has smashed analyst estimates with its latest financials. The Chinese e-commerce giant reported (PDF) net…