Xiaomi‘s air conditioners are blowing hot and cold (pun intended) in China’s online market, rapidly gaining ground on long-time leader Gree. According to AVC data, Xiaomi currently holds the ...
We are initiating coverage on Gree Electric Appliances, one of the largest residential and commercial air conditioner manufacturers in China, with a fair value estimate of CNY 48 per share. We also ...
In 2013, at China's Annual Economic Person of the Year awards, Xiaomi founder Lei Jun publicly wagered with Gree Electric Appliances chairwoman Dong Mingzhu that if Xiaomi's revenue topped Gree's ...
GREE's (TYO:3632) attempts to expand beyond its Japanese base appear to be faltering, with the social gaming giant announcing the closure of its Beijing office in its latest disappointing financial ...
As keen as social giant GREE may be to lay down roots in the US, the Japanese firm hasn't forgotten its hand in Asia. The company has announced 11 new partnerships with developers from across China ...
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