JD.com’s finance arm is looking to raise about $1.9 billion in fresh equity. The unit of China’s second-largest e-commerce firm is seeking to deepen its push into areas such as securities, banking and insurance. The…
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JD.com’s finance arm is fundraising at a $20 billion valuation
China Mobile : Cobham Wireless and China Mobile aim to clear Massive MIMOs testing bottleneck
China Mobile Research Institute is using Cobham Wirelesss massive MIMO (Multiple-input-Multiple-output) test solution. Cobham says this will enable the operator to take advantage of the increased capacity and improved performance of the technology, and ……
JD.com’s finance unit aims to raise $1.9 billion in fresh funding: sources
JD.com, CICC and China Merchants Group declined to comment. COFCO did not respond to a request for comment. JD Finance offers online financial services and products including consumer credit and wealth management products. It also…
Bale will get valuable playing time in China, says Wales’ Giggs
(Reuters) – The China Cup offers Wales midfielder Gareth Bale the perfect opportunity to get some minutes under his belt as he tries to put a run of games together in another season blighted by…
JD.com’s finance unit aims to raise $1.9 bln, valuation set to double -sources
JD.com, CICC and China Merchants Group declined to comment. COFCO did not respond to a request for comment. JD Finance mainly offers online financial services and products including consumer credit and wealth management products. It…
China Is Stepping Up Its Efforts To Draw Tech Giants Like Alibaba And Baidu Back Home
Google-parent Alphabet and China’s Alibaba, according to Oliver Rui, a professor of finance at the China Europe International Business School in Shanghai. Authorities are also mulling creating a new class of security called China Depositary…
China Unicom aims to reap rewards from ties to new shareholders
HONG KONG (Reuters) – Telecoms group China Unicom plans to lean on some of China’s biggest technology and financial firms who have recently become its shareholders to drive compounded annual pre-tax profit growth of 68.7…
China to bar people with bad ‘social credit’ from planes, trains
SHANGHAI (Reuters) – China said it will begin applying its so-called social … Those found to have committed financial wrongdoings, such as employers who failed to pay social insurance or people who have failed to…
1,400 brands attend Tianjin industry expo(1/4)
Transformers, played by people, interact with visitors to the 14th China (Tianjin) International Industrial Expo in Tianjin, March 15, 2018. Nearly 1,000 brands from more than 20 countries and regions attended the expo that highlights…
Elon Musk has good reason to be angry about China’s astronomical import tariffs
External Link: Elon Musk tweet on China-US car import duty Chinese car manufacturers, on the other hand, can export both their vehicles and parts into the US market with only a 2.5 per cent tariff.…
The world’s most counterfeited brands revealed
A massive 63% of pirate goods originate in China and American brands are the most faked. Click ahead as we reveal 30 of the world’s most ripped-off brands. From its quilted 2.55 bag and chic…
The Key To The iPhone X’s Future Lies In China
But despite intense competition from domestic brands, the X is popular among China’s affluent urban population. “The iPhone X is doing much better than we’d expected in China, given the high ticket price,” said Mengmeng…
Investors in China Bet That Pup Wants More Than Table Scraps
To succeed in China, emerging brands with names like Kitchen Flavor and Wanpy will have to topple U.S. food giant Mars Inc., which has been in China for more than two decades and dominates store…