Real estate auctions, once used for foreclosures and distressed sellers, is moving upmarket.
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As Geely continues to upgrade its lineup of cars it is moving upmarket, he said.
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These days, pickup trucks balance utility and comfort and are increasingly moving upmarket with luxury finishes.
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To cope with the slowdown, Chinese domestic brands have been raising prices and moving upmarket, hoping to boost margins.
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"This industry for three decades or more has always been moving upmarket," said Dennis Gallant, a senior analyst at consulting firm Aite Group.
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Total # of customers in your base Note, this number may increase over time if you're moving upmarket — enterprise customers generally require more resources to retain than small to mid-sized companies.
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Startups targeting simpler AV applications — like Voyage offering rides in retirement communities and May Mobility filling gaps in public transit — should abandon dreams of moving upmarket and just master their niches.
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Having listened to much of Audio-Technica's incredibly expansive portfolio of headphones, I have no problem with the company moving upmarket and trying to prove its credentials among the most committed audiophiles.
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Even before the U.S. ban, Huawei had been making big strides in China, moving upmarket into the $500-800 price range and luring customers away from the likes of Apple with improved camera quality.
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Once primarily a trap targeting the young or naïve or uninsured, private hospital chains like Baijia are now moving upmarket and beginning to accept government-run insurance, drawing in new swaths of society as patients.
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The small-business economy and moving upmarket towards medium-sized businesses has always been our sweet spot and we are seeing a lot more growth in the midmarket and up-market opportunity," CEO Jack Dorsey said Thursday on CNBC's "Closing Bell.
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Intel basically couldn't allow low-margin x86 products to cannibalize its high-margin x86 products, so it was stuck with half-measures, like Atom, aimed more at keeping ARM from moving upmarket into laptops than at moving x86 down into smartphones.
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"Part of our thesis on Apple all along has been, they are taking a good amount of market share from Samsung at the high end, and even from some other brands that are moving upmarket, " Long told CNBC's "Power Lunch " on Monday.
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China has become one of the fastest growing car markets, recently overtaking the U.S. as the largest producer of cars in the world. It is followed by India with a preference towards inexpensive, basic cars, but they are both moving upmarket in their tastes as their economic rise continues. India is becoming a global outsourcing production centre for small cars. The Suzuki Alto and Hyundai i10 are already being exported to Europe from India.
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With stores mainly based in the North of England, the newly focused food retail group expanded further south in 1989 by purchasing the large format stores of rival Gateway Superstores for £705 million. This significantly increased Asda's total selling area, but the company had borrowed heavily in order to fund the purchase - city estimates suggested that Asda had overpaid by around £300 million for 61 of the largest Gateway stores, two undeveloped store sites and a distribution centre. That was far above the net book value of the locations, some of which were poorly sited. (Asda has subsequently relocated or rebuilt more than 30 of the original Gateway stores since the late 1990s.) The move left the company overstretched as a result, and by 1991, it found itself in serious financial trouble with over £1 billion of debt; compounding the situation further was a declining customer base, which was mainly caused by Asda's focus on moving upmarket resulting in prices rising to levels significantly higher than competitors.
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