Posts Tagged ‘South America’

China’s Xiaomi To Sell More Smartphones In Africa

After entering the South American market in June 2015, Xiaomi now plans to further expand into the African market by launching Hongmi 2 and Xiaomi 4 in the coming weeks. However, the Chinese smartphone company will not fight alone in markets like South Africa, Kenya and Nigeria. It will cooperate with Mobile in Africa Group, […]


Chinese Tech Security Firm Invests In Brazilian Cloud Company

Brazilian cloud computing security company PSafe Technologia announced its third-round financing of USD30 million, including a reported USD25 million infusion from China’s Qihoo 360 and USD5 million from Redpoint and Pinnacle. Qihoo 360 confirmed the news of this investment and said it is an additional investment in PSafe. The Chinese company did not reveal the […]