In India, Apple has struggled to overcome high imports tariffs and cheaper, domestic rivals. The company has about 2% market share, even as Chinese smartphone maker Xiaomi and South Korea’s Samsung have done relatively better. Now, Bloomberg reports, it is losing three of its key India sales executives, and is revamping its India sales team. Perhaps a new strategy could revive Apple’s chances...
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The Briefing asia policy
What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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