October 16th, 2018The vice-chairwoman of one of the largest property development company in China Country Garden has been named first on the list of the richest Chinese women for the sixth consecutive year. According to the Hurun Richest Woman in China 2018, Yang Huiyan is the richest woman in China.
The wealth of the lady is around 150 billion yuan...
October 15th, 2018The founder and executive chairman of China’s largest e-commerce company Jack Ma is reportedly planning to open an institute to train thousands of tech entrepreneurs in Indonesia.
However, he did not mention when Jack Ma Institute of Entrepreneurs would launch. The aim behind this move is to train 1,000 tech leaders a year over...
October 13th, 2018China’s largest search engine Baidu has entered into a strategic partnership with one of China's major music live streaming services known as NetEase Cloud Music.
Following this partnership, Baidu stated that the high-quality content of NetEase Cloud Music will reach hundreds of millions of users by virtue of Baidu's app,...
October 12th, 2018Recently, the British multinational advertising and public relations company WPP announced its list of top 100 Chinese brands ranking in London with an aim to acknowledge Chinese companies' growing reputation on the international business stage.
In this list, the Chinese internet giant Tencent topped the position and was termed as the...
October 9th, 2018The budget hospitality chain OYO has been expanding to various countries for a long time. After China, Australia and many other countries, the company is now foraying into Japan which is the world’s third-largest economy.
The Gurugram-based hotel chain lately raised $800 million in its latest round of funding that was led...
October 8th, 2018China’s EV company WM Motor has started volume delivery of its first model, the EX5 SUV marking its first entry into the country's booming new energy vehicles space.
The company has been backed by internet giant Tencent and was established in 2015. It has a plant capable of producing 200,000 vehicles in Wenzhou, Zhejiang...
October 5th, 2018China’s software and IT sector are reportedly witnessing faster growth in terms of both revenue and profit in the first eight months of the year. According to the Ministry of Industry and Information Technology (MIIT), the total revenue of the sector was around $574.19 billion (3.95 trillion yuan) in January-August, increased from 14.8...
October 3rd, 2018China’s largest music-streaming company Tencent Music Entertainment Group has filed an initial public offering (IPO) in the United States under the symbol "TME". This is expected to be the biggest US IPO by a Chinese company.
The company is expecting a valuation of about $25 billion. It includes Spotify-like digital streaming...
October 2nd, 2018China’s popular conglomerate Wanda Group has entered into a strategic partnership with USA’s leading hospital UPMC. This has been done to jointly build international hospitals, as part of the company's deeper entry into the country's burgeoning healthcare sector.
Wanda is a property-to-entertainment conglomerate that will join...
October 1st, 2018China’s capital Beijing has announced to add 1,628 more public charging piles for the new energy vehicles. These fresh charging services will be placed in crowded areas near shopping malls, hospitals, hotels and parks in more than 10 districts around the city.
At present, the Chinese city has a total of 132,000 charging piles for...
September 29th, 2018China’s mobile internet company CooTek (Cayman) Inc has been now listed on the New York Stock Exchange (NYSE). The company that is based in East China's Shanghai started trading on Friday.
The company issued 4.35 million American Depository Shares (ADS) and raised $52.2 million. Every ADS of CooTek was priced at $12. The share price...
September 28th, 2018China’s AI-based English learning platform LAIX Inc has debuted on the New York Stock Exchange (NYSE) with its initial public offering (IPO), trading under the ticker symbol of "LAIX."
The company priced its initial public offering of 5,750,000 American depositary shares (ADSs) at $12.50 per ADS. The total offering size was roughly...
