Huawei surpassed Samsung as the world’s biggest smartphone maker for the first time in the second quarter thanks to its growth in China, according to research firm Canalys. Huawei shipped 55.8 million smartphones in the quarter, while Samsung shipped 53.7 million, Canalys said. Huawei overtook Samsung despite the fact that the Chinese company’s shipments in overseas markets declined 27% due to...
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Logistics Startup Next Trucking Tries to Sell Itself
Sequoia Capital–backed logistics startup Next Trucking, facing a slowdown in the trucking sector, is trying to sell itself, according to people familiar with the matter and a pitch deck reviewed by The Information. Next has enlisted the help of BG Strategic Advisors, a Florida-based boutique investment bank specializing in transportation and logistics mergers and acquisitions, according...
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