Tue, 21-Oct-2025

Xiaomi expands its business to electric automobiles industry

Xiaomi expands its business to electric automobiles industry

Xiaomi has officially registered a new business under its name, Xiaomi EV Inc. Now the smartphone manufacturer will be competing in the electric vehicles’ market. The news came right after the company acquired DeepMotion, which operates on self-driving technologies. The company has already invested an initial payment of $1.5 billion and has hired over 300 … Read more

How E-Commerce can increase employment? See report

alibaba

Collective research carried out by World Bank and Alibaba Group has revealed that E-commerce can flourish in developing countries and in rural areas and be a powerful instrument to create employment for semi-skilled workers, women and other groups. The report, E-Commerce Development: Experience from China, is based on a combination of statistical data collected for China as … Read more