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Tag: slowdown
Xiaomi prepares US launch, dismisses data on China slowdown
2016-08-22 15:58:00| Telecompaper Headlines
(Telecompaper) Chinese smartphone maker Xiaomi is preparing to enter the US market "in the near future", company vice president Hugo Barra said in an interview with Bloomberg. Barra said the company will use social media channels to build a relationship with younger consumers in the US, the same as its strategy in other markets. Xiaomi already sells products such as earbuds and fitness bands to Americans online, bu there is no fixed schedule for bringing its smartphones to the US. Barra also dismissed suggestions that Xiaomi's home market was slowing. IDC estimated that Xiaomi shipped only 10.5 million smartphones in China in the second quarter, a fall of 38 percent from a year earlier. Barra said the figure was "not accurate", and the company shipped just under 7 million units in June alone, he said.
Tags: data
china
launch
prepares
China's economic slowdown deepens
2016-08-12 07:54:53| BBC News | Business | UK Edition
Fresh economic data from China adds to a raft of indicators suggesting the world's second largest economy remains in the doldrums.
Tags: economic
slowdown
chinas
deepens
Semper survey shows sales slowdown, rise of digital print
2016-08-02 21:18:00| Label and Narrow Web Breaking News
Digital print overtook traditional print as the industrys primary profit center for the first time in the survey's history.
Tags: print
sales
digital
shows
Brooklyn Office Developers Chasing Tech Tenants Face a Slowdown
2016-07-28 20:03:00| National Real Estate Investor
David M. Levitt Developers racing to turn Brooklyn into a thriving technology office market may be finding Manhattan a less-fruitful target for poaching tenants. read more
Tags: office
face
tech
developers
Twitter warns for slowdown in ad revenue
2016-07-26 23:01:00| Telecompaper Headlines
(Telecompaper) Twitter reported second-quarter revenues up 20 percent year-on-year to USD 602 million, while its net loss narrowed to USD 107 million from USD 137 million a year ago. Adjusted EBITDA increased 45 percent to USD 175 million, better than the company's outlook. Average monthly active users rose 3 percent year-over-year to 313 million and were up from 310 million in the previous quarter. Around 82 percent of the users accessed the service from a mobile device. Twitter said advertising revenue rose 18 percent in the quarter but it was seeing a continued trend of less advertiser demand and growing competition from other social networks for ad dollars. The weaker market outlook is reflected in the company's outlook for a dip in sales in Q3 to USD 590-610 million, while adjusted EBITDA is estimated at USD 135-150 million.
Tags: revenue
warns
twitter
slowdown
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