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The FT’s fourth annual ranking of the region’s businesses by revenue growth. Plus: companies with the ‘last-mover advantage’; cannabis corporations on the rise; is Moderna a one trick pony?
Warren Buffett-backed company loses some market share to sanctions-hit Chinese telecoms group
...“Lotus as an early mover will be able to capitalise,” he said. “We have a strong strategy, which we believe will deliver results and returns to shareholders and investors.”...
A serious bill would restrict the sale of data collected by any social media app, regardless of who owns it
Experts believe carmakers and tech companies are closing gap with US rivals despite Beijing’s safety concerns
Chief executive says company is hiring thousands of new staff for autonomous driving and AI
...Flutter — previously Paddy Power Betfair — was an early mover. It now operates mobile sports betting in 22 states and online gaming in five....
...Susie asks Edward at one point. You won’t find a satisfying answer here I’m afraid to say....
Strong sales increase pressure on US pioneer to keep crown as top seller of purely electric vehicles
UAE investment vehicle CYVN takes 20% stake in Chinese group as Beijing’s ties with Middle East groups deepen
...“For any doubters left in the west, I hope this is the final data point that points to BYD’s strength and, as importantly, how ‘China EV Inc’ has bullied its way on to the global stage,” said Tu Le, founder...
The former professor has turned the Chinese carmaker into the world’s best-selling EV manufacturer within a decade
Chinese EV company is still missing production targets and racking up big losses a decade after its launch
The company’s delivery of EVs fell nine 9% in the first quarter
Contract manufacturer taking over iPhone assembly factory from Taiwanese rival Pegatron
...Barcelona was an early mover against sites such as Airbnb. Scotland has introduced a licensing system....
Shares in China’s most valuable company and gaming rival NetEase suffer dramatic falls on threat to revenues
Industry says it can help lower costs and enable faster development of electric vehicles in the US and Europe
...“We view Aladdin as a differentiated source of growth . . . delivering a recurring source of dependable revenue during market downturns,” Kyle Saunders, analyst at Edward Jones, wrote in a client note....
Regulators act to ease concerns after new industry guidelines cause big sell-off
...In AI hardware, old technology adaptation will trump early-mover hype....
...The chatbot, as China’s first answer to OpenAI’s ChatGPT, gives Baidu a first-mover advantage ahead of much bigger tech rivals such as Tencent....
Suspended vice-president oversaw supply chain procurement
...There’s a reason why SocGen’s Albert Edwards called the BRICs a “bloody ridiculous investment concept”....
Automakers confront uncertain future after 10-year investment boom
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