4 ms·

Huawei reportedly selling beef it received as sanctions-evading payment

54 points by ironyman 2y ago

WiSaGaN 2y ago
This probably says more about Argentinian currency than about Huawei.
amadeuspagel 2y ago
Reminds me of the Pepsi navy.
- consumer451 2y ago
  For anyone wondering, PepsiCo has a very interesting history with Moscow. > In 1989, PepsiCo Inc., the maker of Pepsi, acquired 17 submarines, a cruiser, a frigate, and a destroyer from the Soviet Union. https://foreignpolicy.com/2021/11/27/pepsi-navy-soviet-ussr/ https://foreignpolicy.com/2021/11/27/pepsi-navy-soviet-ussr/
  - ungamedplayer 2y ago
    I mean . Was it going cheap? I wonder what the depreciation schedule is for submarines.
    - recursivecaveat 2y ago
      So cheap it didn't cost them a dime :P (They were scrap-metal payments in kind for Pepsi products, because the ruble was a closed currency and the soviets didn't have much foreign currency)
  - Arrath 2y ago
    Pepsi had a chance to kickstart the Snowcrash weirdo corporate microstate world and instead they sent their navy right to the scrappers. Cowards.
  - Modified3019 2y ago
    What’s hilarious is several years later, they gave themselves a headache with military hardware in a commercial, a Harrier. https://en.m.wikipedia.org/wiki/Leonard_v._Pepsico,_Inc https://en.m.wikipedia.org/wiki/Leonard_v._Pepsico,_Inc.
- justinclift 2y ago
  Super bad naming for a military force. "Pepsi" of all things. ;)
  - defrost 2y ago
    They try harder you know.
throwup238 2y ago
Is it at least USDA Prime or equivalent? That seems like a very volatile currency to get paid in.
justsomehnguy 2y ago
From the blog: > But curious netizens logged into Huawei Moser Mall and found that Huawei not only sells beef, but also wine and a bunch of miscellaneous global agricultural products. All Huawei malls have quietly opened a food category at some point, in which beef and wine are standard. From the About of wccf: > Wccf (Where Consumers Come First) tech is a leading technology publication house My guess it's not consumers but whose who pays WCCF. And anyone else can just look it up themselves: https://www.huaweimossel.com/food.htm https://www.huaweimossel.com/food.htm https://www.huaweimossel.com/wine.htm https://www.huaweimossel.com/wine.htm Considering the biggest company on the US market was originally a book store...
- washadjeffmad 2y ago
  Yes, but are you aware that it's an election year, and none of those easily confirmable details fan the flames of jingoism?
dchftcs 2y ago
This has been happening for a while. I've heard about it before (vaguely remember before sanctions), and I can find a news article mentioning this back in 2019: https://www.theguardian.com/technology/2019/apr/19/companies-are-seldom-treated-like-this-how-huawei-fought-back https://www.theguardian.com/technology/2019/apr/19/companies... In the limited time I tried I haven't found when exactly the Mossel brand was established but it probably is a very old practice given how aggressively they pursued markets under dysfunctional governments.

54 points by ironyman 2y ago

WiSaGaN 2y ago

This probably says more about Argentinian currency than about Huawei.

amadeuspagel 2y ago

Reminds me of the Pepsi navy.

consumer451 2y ago
For anyone wondering, PepsiCo has a very interesting history with Moscow. > In 1989, PepsiCo Inc., the maker of Pepsi, acquired 17 submarines, a cruiser, a frigate, and a destroyer from the Soviet Union. https://foreignpolicy.com/2021/11/27/pepsi-navy-soviet-ussr/ https://foreignpolicy.com/2021/11/27/pepsi-navy-soviet-ussr/
- ungamedplayer 2y ago
  I mean . Was it going cheap? I wonder what the depreciation schedule is for submarines.
  - recursivecaveat 2y ago
    So cheap it didn't cost them a dime :P (They were scrap-metal payments in kind for Pepsi products, because the ruble was a closed currency and the soviets didn't have much foreign currency)
- Arrath 2y ago
  Pepsi had a chance to kickstart the Snowcrash weirdo corporate microstate world and instead they sent their navy right to the scrappers. Cowards.
- Modified3019 2y ago
  What’s hilarious is several years later, they gave themselves a headache with military hardware in a commercial, a Harrier. https://en.m.wikipedia.org/wiki/Leonard_v._Pepsico,_Inc https://en.m.wikipedia.org/wiki/Leonard_v._Pepsico,_Inc.
justinclift 2y ago
Super bad naming for a military force. "Pepsi" of all things. ;)
- defrost 2y ago
  They try harder you know.

throwup238 2y ago

Is it at least USDA Prime or equivalent? That seems like a very volatile currency to get paid in.

justsomehnguy 2y ago

From the blog: > But curious netizens logged into Huawei Moser Mall and found that Huawei not only sells beef, but also wine and a bunch of miscellaneous global agricultural products. All Huawei malls have quietly opened a food category at some point, in which beef and wine are standard. From the About of wccf: > Wccf (Where Consumers Come First) tech is a leading technology publication house My guess it's not consumers but whose who pays WCCF. And anyone else can just look it up themselves: https://www.huaweimossel.com/food.htm https://www.huaweimossel.com/food.htm https://www.huaweimossel.com/wine.htm https://www.huaweimossel.com/wine.htm Considering the biggest company on the US market was originally a book store...

washadjeffmad 2y ago
Yes, but are you aware that it's an election year, and none of those easily confirmable details fan the flames of jingoism?

dchftcs 2y ago

This has been happening for a while. I've heard about it before (vaguely remember before sanctions), and I can find a news article mentioning this back in 2019: https://www.theguardian.com/technology/2019/apr/19/companies-are-seldom-treated-like-this-how-huawei-fought-back https://www.theguardian.com/technology/2019/apr/19/companies... In the limited time I tried I haven't found when exactly the Mossel brand was established but it probably is a very old practice given how aggressively they pursued markets under dysfunctional governments.