Meicai, a Chinese startup that connects vegetable farmers with restaurants, has recently lost its chief financial officer, casting uncertainty over its potential initial public offering. ( read original story …)
BUSINESS
Chinese Retailer Goes From Bubble Tea to Crypto Mining in Unlikely Pivot
Urban Tea has hired two new executives ahead of its expansion into cryptocurrency mining. A retailer of specialty teas and baked goods based in Hunan, China is expanding its business into … ( read original…
Cryptocurrencies May Thrive Due To China-US “Cold War”: Ethereum Creator
Whether people agree with this observation or not, but recent events have suggested that the United States is currently engaged … ( read original story …)
China’s holiday consumption boom a positive sign for 2021
Photo provided to China Daily] A bumper Lunar New Year holiday week offers hope and positive energy to the world, and analysts expect China’s … ( read original story …)
China’s Industrial Standards for the Internet of Things: What the Draft Guidelines Say
China recently closed public consultations on draft guidelines for five major industrial standards for the Internet of Things; it aims to establish the standards system by 2022. ( read original story …)
US-China decoupling: halving investment in China could cost American GDP up to US$500 billion, report says
US Chamber of Commerce report highlights the costs of different policies as the Biden administration weighs the best strategy for facing the challenges posed by China. ( read original story …)
E-Commerce Platform Dmall Is Said to Plan U.S. IPO This Year
Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the … ( read original story…
Ant’s IPO Futile as Jiang Zemin, Other Powerful Men Secretly Hold Stake: Report
A reason for the IPO fiasco of BABA-SW (09988.HK)’s Ant Group was Beijing’s concern about Ant’s complex ownership structure, WSJ citing over a dozen officials and government advisers. Powerful … ( read original story …)
U.S. SPAC Boom Is Poised To Spread To China
All the major SPACs are chasing targets in China right now — especially those with pressure to close this year,” Bernstein said in an email exchange today. “Chinese companies have strong revenue … ( read…
JD Logistics IPO expands the e-commerce empire of China’s largest retail company with third related public listing in nine months
With its fleet of delivery workers, drones and autonomous vehicles, JD Logistics has a powerful role to play in the future of delivery services in China. ( read original story …)
China’s eCommerce Giant JD.com Plans IPO For Shipping Division
JD.com, sometimes called China’s Amazon, plans to take its shipping business public, potentially raising $5 billion as the pandemic boosts eCommerce. ( read original story …)
JD.com, China’s eCommerce King, Plans IPO For Shipping Division
JD.com, sometimes called China’s Amazon, plans to take its shipping business public, potentially raising $5 billion as the pandemic boosts eCommerce. ( read original story …)
Future Fintech Partners With Xi’an Jiaotong University to Create Blockchain Finance Research Institute
Future FinTech Group Inc. (NASDAQ: FTFT), a Chinese fintech company and integrated producer of fruit-related products, announced on Wednesday it has formed a partnership with the School of Economics … ( read original story …)
