BEIJING: ByteDance founder Zhang Yiming, the brains behind TikTok, said he preferred “daydreaming” as he stepped down as head of his own firm last …
BUSINESS
China’s Full Truck Alliance files for U.S. IPO
Full Truck Alliance, a Chinese platform that connects shippers and truckers, filed for an IPO that could raise at least $1.5 billion at a $30 billion valuation.Why it matters: The company, also known …
JD Logistics shares to rise 14per cent in Hong Kong IPO debut
JD Logistics Inc shares are set to open up 14per cent from their HKUS$40.36 issue price as the company debuts on the Hong Kong Stock Exchange on …
Cocoa export: China’s entry not a threat to Ghana – COCOBOD boss
The Chief Executive Officer of the Ghana Cocoa Board, Joseph Boahen Aidoo has urged Ghanaian cocoa farmers not to panic over the Chinese entry into the cocoa industry.
Shenzhen’s Yantian Port suspends acceptance of heavy export containers after COVID-19 cases
Shenzhen’s Yantian Port said that it would suspend accepting heavy export containers from 22:00, Tuesday to Thursday, after the port’s container yard was clogged following the discovery of several …
Gains for JD Logistics fizzle in Hong Kong IPO, after surging as much as 18% earlier
JD Logistics’ vast network of warehouses and delivery workers in China have given JD.com a competitive edge against its rival Alibaba.
China’s ‘Uber for trucks’ preps $1.5bn New York IPO
Tencent Holding-backed Full Truck Alliance — sometimes referred to as China’s “Uber for trucks” — is gearing up for an initial public offering on the New York Stock Exchange, filings show. The …
Explainer: How will China’s latest oil probe affect the world’s biggest crude importer?
China’s government has been gradually ramping up scrutiny of its sprawling oil industry, reinforcing its authority with new taxes on refined products while investigating crude imports by state energy …
China’s Full Truck Alliance files for US$1.5 billion US IPO
China’s Full Truck Alliance: which styles itself as the country’s ‘Uber for Trucks’: has made public filings to list on the New …
JD delivery arm rallies on Hong Kong debut after $3.2-billion IPO
Shares in the delivery arm of Chinese ecommerce giant JD.com rallied as much as 14 percent on its stock markets debut in Hong Kong on Friday after raising more than $3 billion in the financial hub’s …
China’s ‘Uber for Trucks’ Heads for Billion-Dollar-Plus U.S. IPO
Full Truck Alliance, a Chinese startup that provides an Uber-like service for the trucking industry, has filed for a billion-dollar-plus initial public offering in the U.S.
China’s Full Truck Alliance Files for $1.5 Billion U.S. IPO
China’s Full Truck Alliance – which styles itself as the country’s ‘Uber for Trucks’ – has made public filings to list on the New York Stock Exchange and aims to raise up to $1.5 billion,…
JD delivery arm rallies on Hong Kong debut after $3.2 bn IPO
Shares in the delivery arm of Chinese ecommerce giant JD.com rallied as much as 14 percent on its stock markets debut in Hong Kong on Friday after raising more than $3 billion in the financial…
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