Autohome skids as China’s car market slams on the brakes
The online auto pioneer still makes money by connecting car buyers and sellers, but weak demand, falling ad budgets and new competition are eroding its old advantages Key Takeaways Autohome’s…
The new smart home: Where robots handle chores and provide companionship
China’s home appliance giants are pushing into robots in their race to control the next gateway to the home — despite high costs and tech hurdles By CLS Marketwatch…
Cosmoplat asserts independence from parent Haier with Hong Kong IPO
The provider of industrial intelligence products relies on its well-known parent for more than half of its revenue, but the amount has been falling steadily Key Takeaways: Cosmoplat IoT Technology…
From Delhi risks to a domestic dairy bust
Some Chinese companies are navigating geopolitical headwinds that are pushing them out of India, and others are adapting to a maturing domestic consumer market where even staples like infant formula…
Aux Electric blows into Hong Kong with IPO application
The air conditioner maker’s low-price strategy has helped it win customers in China, while its OEM model has won over customers abroad Key Takeaways: Aux Electric achieved 20% revenue growth…
Haier in calculated financial maneuver with India unit stake sale
The home appliance giant has decided to sell nearly half of its fast-growing Indian arm to accelerate its drive for greater localization Key Takeaways: Haier is reportedly considering a plan…
Midea boosts European footprint in its globalization drive
The home appliance maker has acquired German brand Teka, whose products are used in half of all Spanish households Key Takeaways: Midea has completed its acquisition of Teka, adding a…