Article

MEDIAS YOU NEED TO KNOW

TRANSSION

Shenzhen Transsion Holdings Co., Ltd. is committed to becoming the most popular provider of smart devices and mobile services for consumers in global emerging markets. The company is best known for its high-quality multi-brand smart devices. Mobile phones are its core products, while it also offers mobile Internet services based on a self-developed operating system. Transsion’s brand portfolio comprises leading mobile phone brands in emerging markets, including TECNO, itel and Infinix, as well as Carlcare for after-sales services, oraimo for smart accessories, and Syinix for home appliances.

Transsion maintained their lead in the African smartphone market during the fourth quarter of 2022, claiming a 43 percent market share. Transsion manufactures smartphones in China to sell in Africa under three different brands; Tecno, Itel, and Infinix.

XIAOMI

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core. Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. In June 2023, MAU of MIUI reached approximately 606 million globally. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, with 654.5 million smart devices connected to its platform (excluding smartphones, laptops and tablets) as of June 30, 2023. Xiaomi products are present in more than 100 countries and regions around the world. In August 2023, Xiaomi was included in the Fortune Global 500 list for the fifth year in a row, ranking 360th. Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

DOUYIN & TIKTOK

TikTok, whose mainland Chinese counterpart is Douyin (pinyin: Dǒuyīn), is a short-form video hosting service owned by Bytedance. It hosts user-submitted videos, which can range in duration from 3 seconds to 10 minutes.

Since their launches, TikTok and Douyin have gained global popularity. In October 2020, TikTok surpassed 2 billion mobile downloads worldwide. Morning Consult named TikTok the third-fastest growing infotech brand of 2020, after Zoom and Peacock. Cloudflare ranked TikTok the most popular website of 2021, surpassing Google.

ByteDance, based in Beijing, and its subsidiary TikTok Ltd were incorporated in the Cayman Islands. ByteDance is owned by its founders and Chinese investors (20%), other global investors (60%), and employees (20%). TikTok Ltd owns four entities that are based respectively in the United States, Australia (which also runs the New Zealand business), United Kingdom (also owns subsidiaries in the European Union), and Singapore (owns operations in Southeast Asia and India)

KWAI

Kuaishou (Kwai) is a leading content community and social platform globally. Kwai believe each person is unique with his or her own strengths and needs. We believe engagement and interactions can create value. Kwai constantly improve our content creation tools and services, to allow people to record and share their lives as well as to express and unleash their talents more easily.

Kwai enable people to discover other creators and businesses efficiently, as well as their content, products and services. Kwai aim to work closely with value creators to enrich people’s choices.