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Business News > Mint Authors > Paul Carsten

Paul Carsten

ARTICLES BY PAUL CARSTEN

Baidu announced last month the creation of Baidu Venture, a $200 million fund to invest in those three fields. Photo: Bloomberg

China’s Baidu sets up $3 billion internet investment fund

1 min read . 12 Oct 2016

Batteries for the burnt phones were not at fault, Samsung said, adding its conclusion was also backed up by independent third-party testing. Photo: Reuters

Samsung says over 1 million people globally using Note 7 with safe battery

1 min read . 29 Sept 2016

Foxconn has previously invested in the auto industry with a stake in Future Mobility. Photo: Reuters

Taiwan’s Foxconn invests in Chinese ride-hailing start-up Didi Chuxing

1 min read . 08 Sept 2016

Founder and CEO of Didi Chuxing, Cheng Wei speaks during a session at the World Economic Forum (WEF) in China’s port city Dalian. Photo: Reuters

Didi’s Cheng Wei: Chinese patriot who tamed Uber

4 min read . 12 Aug 2016

Didi and Uber have been in a fierce battle in China, spending billions of dollars to subsidize rides and win users. Photo: Reuters

China regulator says Didi, Uber deal will need Mofcom approval

1 min read . 02 Aug 2016

A virtual map of Bryant Park is displayed on the screen as a man plays the augmented reality mobile game ‘Pokemon Go’ by Nintendo in New York, US. Photo: Reuters

China fears Pokemon GO may aid locating military bases

2 min read . 16 Jul 2016

Tencent said it will buy most of Finnish mobile gaming firm Supercell from SoftBank Group Corp and other shareholders in a deal valued at roughly $8.6 billion. Photo: Bloomberg

Tencent to buy Clash of Clans maker Supercell from SoftBank

1 min read . 22 Jun 2016

A file photo of Jack Ma with US President Barack Obama. Jack Ma said it’s not just a matter of one or two days for the US to understand Alibaba’s business model. Photo: AP

Amid SEC probe, Jack Ma says hard for US to understand Alibaba: report

1 min read . 04 Jun 2016

Baidu CEO Robin Li said employees were making compromises for the sake of commercial interests and placing earnings growth above user experience. Photo: Jason Lee / Reuters

Baidu CEO tells staff to put values before profit after cancer death scandal

1 min read . 10 May 2016

A file photo of Baidu’s headquarters in Beijing, China. Chinese search giant Baidu is being investigated by the country’s internet regulator over the death of a university student. Photo: Bloomberg

China regulator to launch campaign to clean up e-commerce, online ads

1 min read . 05 May 2016

Huawei, one of the world’s largest telecom equipment makers, said total revenue rose 37% to 395 billion yuan ($61.10 billion) in 2015. Photo: Reuters

Huawei posts strongest revenue growth in 7 years

1 min read . 01 Apr 2016

A file photo of Liu Yunshan meeting with Facebook founder and CEO Mark Zuckerberg in Beijing on Saturday. Photo: AP

Facebook’s Mark Zuckerberg meets propaganda czar in China charm drive

2 min read . 20 Mar 2016

Xiaomi was the world’s fifth-largest smartphone maker by shipments in the third quarter, market researchers IDC said, behind Samsung Electronics Co., Apple Inc., Huawei and Lenovo. A year earlier, it was in third place. Photo: Bloomberg

China’s Xiaomi misses 2015 handset shipment target as competition bites

1 min read . 15 Jan 2016

Photo: Bloomberg

Baidu says in talks to invest in Indian e-commerce start-ups

1 min read . 14 Jan 2016

People watch as rescue workers look for survivors after a landslide hit an industrial park in Shenzhen, south China’s Guangdong province. The site should have been closed in February, but workers said mud and waste had continued to be dumped there. Photo: AFP

Waste spill buries buildings in southern China, 85 missing

3 min read . 21 Dec 2015

Google largely pulled its services out of China five years ago after refusing to continue self-censoring its search results.

Google aims for China launch of Google Play app store next year: sources

3 min read . 20 Nov 2015

Alibaba said that sales of more than $9 billion were achieved at last year’s Singles’ Day event. Photo: AP

China’s JD.com calls on watchdog to investigate Alibaba

2 min read . 03 Nov 2015

The jump in Alibaba revenue added weight to founder and executive chairman Jack Ma’s (above) recent comments that concerns about slowing consumption in China were overdone. Photo: Andrew Burton/Getty Images/AFP

Alibaba beats expectations with 32 percent jump in revenue

2 min read . 27 Oct 2015

Few entrants are likely to last without mass sales, like Xiaomi, or other businesses to support money-losing smartphone divisions, like Lenovo. Photo: Bloomberg

Xiaomi success inspires every man and his dog to make smartphones in China

3 min read . 14 Jul 2015

MYbank follows in the footsteps of Alibaba arch-rival Tencent Holdings Ltd, which began trial operations of its WeBank, China’s first online bank, in January. Photo: AFP

Alibaba affiliate launches Internet bank for SMEs

1 min read . 25 Jun 2015