October 27 – Apple Inc's (NASDAQ: APPL) iPhone has overtaken Nokia to become the favorite smartphone brand in China, according to a survey by Morgan Stanley (NYSE: MS). The survey also found 68% of Chinese iPhone users was using the iPhone 4, 20% the iPhone 3GS and the remaining 12% the iPhone 3G.
October 27 – Amazon.com Inc (NASDAQ: AMZN) opened a 120,000m2 operating center in Kunshan, near Shanghai, the largest facility of its kind operated by an e-commerce service provider in China. It also shortened its Chinese domain to Z.cn.
October 26 – China's online search revenue rose 24.7% quarter on quarter and 77.8% year on year to ¥5.51 billion in Q3 2011, according to iResearch. Baidu Inc (NASDAQ: BIDU) continued to lead the market with a 77.7% share, up 0.4 percentage points from the end of the previous quarter, while Google Inc's (NASDAQ: GOOG) share shrank one percentage point to 18.3%.
October 26 – Starbucks Corp (NASDAQ: SBUX) opened its 500th Chinese store in Beijing's airport, Starbucks China president Wang Jingying said, adding that the coffee company plans to operate 1,500 stores in the country by the end of 2015.
October 23 – Toyota kicked off construction on its largest ever R&D center in Changshu, Jiangsu province. The facility is expected to cost $689 million and to share some of the Japanese automaker's technologies on hybrids and other cleaner energy vehicles.
October 21 – MasterCard Inc (NYSE: MA) is working with China's wireless carriers to cooperate in mobile billing services, MasterCard Greater China president Ling Hai said.
October 21 – Microsoft Corp (NASDAQ: MSFT) is considering establishing a cloud computing center in China, probably in Guangdong province, Microsoft Greater China CEO Simon Leung said on the sidelines of the China Import and Export Fair. The center will offer cloud computing services to both corporate and individual customers.
$1 = ¥6.35