Chinese Tech Giants Have Big Ambitions in Brazil – DNyuz Many Chinese consumer brands have already made inroads in Brazil The country is one of the largest markets for the fast-fashion retailer Shein, which has built three warehouses near São Paulo Didi, known for running Uber out of China, took over a Brazilian start-up called 99 in 2018 and has been one of the main ride-hailing business in the
Chinese tech giants chase expansion in Brazil amid global . . . Meituan, China’s largest food delivery company, said in May that it would spend $1 billion to set up operations in Brazil Mixue, the Chinese tea and dessert company that has eclipsed McDonald’s as the world’s biggest fast food chain, said it would hire thousands there
Chinese Companies Set Their Sights on Brazil - The New York Times Chinese e-commerce giants also see promise in Brazil as they seek new buyers for a flood of products after tariffs and other restrictions in the United States shut off their biggest export market
Why China’s Tech Giants Are Betting Billions on Brazil From food delivery and smartphones to e-commerce and logistics, China’s biggest tech firms are reshaping Brazil’s digital landscape with bold billion-dollar bets
Huawei and ByteDance plan significant Brazil tech investments . . . TBC Uzbekistan boss Hughes building a Central Asian digital-only banking giant with retail, SME lending and AI services Opinion Central Asia has become “like a girl whose house is full of suitors”, analyst says
Huawei, ByteDance to invest in Brazil’s AI, cloud sectors Brazil’s IT market, valued at US$45 2 billion in 2022 with projected growth of 3% in 2023, has become increasingly attractive to both American and Chinese tech giants specifically because