Alipay

Alipay – Inside China’s Vast New Experiment in Social Ranking

Alipay   Alipay – America invented the three-digit credit score. Now companies in China are taking the idea to the extreme, using big data to track and rank what you do—your purchases, your pastimes, your mistakes. Alipay IN 2015, WHEN Lazarus Liu moved home to China after studying logistics in the United Kingdom for three years, he quickly noticed that something …

Xiaomi – The Fall and Rise of China’s Smartphone Phoenix

Xiaomi Below: Billionaire Lei Jun, chairman and chief executive officer of Xiaomi.   Xiaomi A YEAR AGO, Chinese smartphone maker Xiaomi (sha-oh-me) had fallen from the world’s most valuable unicorn to a “unicorpse.” Sales plunged in 2016, pushing the company from first to fifth place among China’s smartphone makers. No firm had ever come back from a wound that severe in the …