Search Results for: product diversification

Where did it all go wrong for Xiaomi?

Chinese smartphone maker Xiaomi, dubbed the ‘Apple of the East’, was once the most valuable startup in the world. In 2014 it was valued at $45 billion following a funding round of $1.1 billion and it was expected this valuation could more than double to over $100 billion over the next few years. But just 18 months on from that moment it’s a very different story with its value plummeting to just $4 billion. So where did it go wrong for Xiaomi. Aug 19, 2016

World Orangutan Day: Australian ape Kluet releases his own jazz single

With just 7,000 Sumatran orangutans said to be left in the wild, some suggest that the species could become extinct within ten years. To mark World Orangutan Day, Kluet the orangutan has released a single. All profits go towards the care of three orangutans at the non-profit zoo. Aug 19, 2016
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