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Source Techmeme techmeme.com Media Center
October 13, 2026 ai_technology technology

China-based Transsion, which dominates the market for smartphones in Africa, raised $390M from a Hong Kong share sale after pricing the deal near the top end (Sangmi Cha/Bloomberg)

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Sangmi Cha / Bloomberg: China-based Transsion, which dominates the market for smartphones in Africa, raised $390M from a Hong Kong share sale after pricing the deal near the top end — Shenzhen Transsion Holdings Co., which dominates the market for smartphones in Africa, raised HK$3.1 billion ($390 million) …

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