Huawei targets SouthEast Asia for strong smartphone growth this year

Chinese telecoms equipment and device maker Huawei aims to boost smartphone shipments in SouthEast Asia (SEA) by 160 per cent to eight million units this year, with strong growth forecast in rapidly growing Myanmar as well as Thailand. Huawei’s Q1 smartphone …

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SoftBank pays $250M fare to hitch ride with GrabTaxi

Japan’s SoftBank invested $250 million in GrabTaxi, one of the major rivals to Uber and Hailo in Southeast Asia. According to TechCrunch, the funding is likely to value GrabTaxi at more than $1 billion, with SoftBank now the largest investor …

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