2020-08-20
“Huawei hasn't lost a single order in Africa, where the company has been operating for more than two decades and has become a central pillar of the continent's growth ambitions.” https://www.bloomberg.com/...
Bloomberg
Huawei is prospering in Africa as countries move toward 5G amid US-led boycott, partly due to Huawei's work in remote areas and long-term ties with governments
Loni Prinsloo / Bloomberg : Tweets: @eolander and @next_china Tweets: @eolander : “Huawei hasn't lost a single order in Africa, where the company has been operating for more than ...
2019-11-18
Silicon Valley VC firms had better get off their butts if they want to compete with the Chinese in Africa who are dropping some serious cash into the fintech start-up space. One week after PayPalm raised $40m, rival OPay nets $120m in a Series B round. https://techcrunch.com/...
TechCrunch
Opera's Africa focused fintech startup OPay raises $120M Series B from Meituan-Dianping, SoftBank Asia, others, will expand to Kenya, Ghana, and South Africa
Africa focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors.
2019-09-16
Chinese companies have long struggled with managing internationally. Even companies like Alibaba don't seem to understand the importance of localizing management and to avoid the unforgiving 9-9-6 culture that just doesn't work in other countries. https://www.wsj.com/...
Wall Street Journal
Since its 2014 IPO, Alibaba has struggled to grow beyond China despite investing $5B+ in new markets; ~5% of its last FY revenue came from international retail
Wall Street Journal : Tweets: @dali_yang , @vinhlhq2015 , @baldingsworld , @wblau , and @eolander Tweets: Dali L. Yang / @dali_yang : Alibaba's missteps overseas; A botched toilet...