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iPhone 8 Prices Slashed In China Due To Low Demand Ahead Of iPhone X Launch

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In the meantime, Chinese customers can now order a basic model of a 64GB iPhone 8 for 4,788 yuan ($722.61) from the country’s top home appliance retailer’s online site. A more expensive iPhone 8 Plus 256GB model costs 6,888 yuan ($1,039.54).

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BingoBox’s Unattended Retail Revolution

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We aren’t talking about Amazon Go; we’re describing its Chinese counterpart BingoBox. Today, BingoBox has nabbed $80 million in venture funding and operates over 200 of its self-service specialty stores in 29 Chinese provinces. The Amazon Go concept has been around for some time.

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Jack Ma’s Sizzling Week (And Quarter, Too)

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The Chinese eCommerce giant is making quick work of its push to broaden product offerings and geography, too. Despite fears of a coming hiccup in Chinese consumer spending, Alibaba saw some unexpected pick-up in its fiscal third-quarter results. Ant Financial (U.S. Push Deepens In A Quick Fell Swoop). The announcement Thursday (Jan.

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Apple’s Ecosystem X-Factor And The iPhone(s) 8 Conundrum

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Goertek, which makes acoustic parts, has declined from 21 yuan to a recent 19, slicing almost $1 billion off the chain of command (in market cap). Perhaps the looming $999 price tag has something to do with it? So, when Apple sneezes, other folks catch a cold. Perhaps the 8’s loss will be the X’s gain. Call it a wait and see attitude.