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Modern vaping was invented in China, and about 90% of the electronic cigarettes sold in the world are made there. But the country is currently home to only about two million e-cigarette users. That’s a situation former cigarette accessory industry executive Michael Gao wants to turn to his advantage with his vaping startup, Moti Technology.
Moti, founded in 2019 after restructuring ...
In the fall of 2014, a little-known Chinese entrepreneur named Zhang Yiming toured Silicon Valley, visiting the offices of Facebook, Tesla and Airbnb. One thing that struck Mr. Zhang, whose startup in Beijing was beginning to gain traction, was China’s growing influence. He met some Facebook and Twitter employees who loved Xiaomi phones, for example. He noticed how Alibaba’s U.S. ...
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