Their counterparts in China are taking a different path, rushing to the public markets to cash in. *Xiaomi calculation includes cofounder share sales in IPO; *Meituan Dianping has not listed yet as of … (…
Monthly Archives For September 2018
COS joins sister brand H&M on Tmall and opens China stores
H&M Group spin-off COS is set to open a store on China’s Tmall “next month”, according to sources in China, which also reveals that the Tmall store is likely to be the brand’s only ecomm…
Mobile Payments Leader Alipay China’s “Most Relevant Brand”
We’ve heard a lot about Alipay’s almost frantic expansion both inside and outside China over the last several months, and it’s a strategy that seems to be paying dividends for Ant Financial. A new rep……
Loss-making Fonterra splashes out on 5-star China conference
More than 100 people attended the event, promoting the fact Fonterra accounts for 36 per cent of all dairy imports into China and its Anchor brand has become the top imported consumer choice in just…
Sunshine Secures Strategic Investment To Fuel Growth In US & China
most recently Chairman of Greater China and Special Advisor of Chief Executive Officer at Bacardi Limited; said, “Sunshine’s focus on working with media and rights owners to bring long term brand … ( read original…
Lagardere Sports announces new brand strategy
Instead, they yearn for specific and creative services to empower their brands,”said Echo Li, vice-president of the greater China region for Lagardere Sports and Entertainment. Li said the move … ( read original story …)
Make in China: Why it Works for Small Businesses
Domestic watch brands import components from overseas too, mainly China. In the budget announcement of 2018, the finance ministry raised import duties on finished wristwatches and parts sharply by dou… ( read original story …)
China Unicom added 2.69M mobile customers in August
China Unicom (NYSE:CHU) reports operational statistics for August with the net addition of 2.69M mobile billing subscribers for the month, bringing the aggregate number up to 307.22M. The total … ( read original story …)
China’s Tencent Music halves U.S. IPO to $2 billion – sources
HONG KONG (Reuters) – Tencent Music Entertainment Group, China’s biggest music-streaming company, has halved the amount it is seeking to raise in a U.S. listing to about $2 billion, according to … ( read original…
Meituan Dianping sets IPO price at HK$69
Tech giant Tencent became the largest shareholder, with $400 million and the State-owned China Structural Reform Fund committed $100 million for the IPO. The other $1 billion was committed by … ( read original story…
Ad campaign targeting sexual harassment launched on Beijing subway
An anti-sexual harassment campaign has launched in parts of the Beijing subway system amid repeated reports of assault against women on the city’s public transport system. Sponsored by the state-run B… ( read original story…
China Mobile deploys LTE-V2X roadside units
China Mobile and Qualcomm Technologies developed a roadside unit (RSU) for LTE-V2X communication which the operator is deploying as part of a pilot IoT project in Wuxi, Jiangsu province. Developed by … ( read original…
Cozad Asset Management Inc. Invests $219,000 in China Mobile Ltd. (CHL)
Cozad Asset Management Inc. bought a new stake in China Mobile Ltd. (NYSE:CHL) during the 2nd quarter, HoldingsChannel reports. The fund bought 4,926 shares of the Wireless communications provider’s s… ( read original story …)
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