C loopen Group Holding, which provides cloud-based communication services in China, announced terms for its IPO on Wednesday. The Beijing, China-based company plans to raise $280 million by offering … ( read original story …)
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Yum China’s Q4 profit, sales rise, but company warns of ‘headwinds’ with COVID-19 resurgence
Yum China Holdings Inc. stock rise in the extended session Wednesday after the operator of KFC, Pizza Hut and other fast-food brands in China … ( read original story …)
China Leads Africa’s Digital Currency Race
With years of public investment and plenty of penetration for its phone-makers, China is set to establish its digital currency in Africa. ( read original story …)
As Clubhouse booms, crypto entrepreneur Justin Sun jumps into China’s growing social audio apps market
BitTorrent owner Justin Sun invested in Two, an audio-focused social app that the entrepreneur called China’s Clubhouse, as a number of similar Chinese-owned apps also grow in popularity. ( read original story …)
Aimer Group Receives IPO Approval
Chinese lingerie-maker Aimer Group received the official go-ahead for its initial public offering Wednesday from authorities. China’s Securities Regulatory Commission approved the Beijing-based firm … ( read original story …)
German firms upbeat about outlook for China despite US decoupling fears, survey finds
Some 96 per cent of companies polled remained committed to the market, and most expected a more coherent approach from Washington this year though there was ‘no illusion for a reset of US-China … (…
Amer Group Receives IPO Approval
SHANGHAI–Chinese lingerie maker Amer Group received the official go-ahead for its initial public offering Wednesday from authorities. China’s Securities Regulatory Commission approved the … ( read original story …)
China Mobile opens second European data center in Frankfurt
China Mobile International Limited (CMI), a subsidiary of China’s leading telecommunications company China Mobile, has opened its second European data center in Frankfurt. Built as a Tier-3 data … ( read original story …)
The new monster tech IPO is a video app giving voice to China’s “silent majority”
Kuaishou’s successful strategy of billing itself as a platform for ordinary users is going to make its founders extraordinarily rich. ( read original story …)
Alibaba Faces Regulatory Hurdles in China; Shares Slip 4%
Shares of Alibaba Group fell 3.9% on Feb. 2 after the e-commerce giant gave an update on its regulatory challenges at its fiscal 3Q earnings. The company … ( read original story …)
Ant Group reaches deal with China regulators on restructuring, Bloomberg News reports
Ant Group Co has agreed on a restructuring plan with Chinese regulators under which the fintech giant will be turned into a financial holding company, Bloomberg News reported. ( read original story …)
San Miguel’s exports to U.S. and China on the rise
Despite last year being difficult for every company around the world San Miguel is starting the new year on a positive note. ( read original story …)
Baozun Announces Acquisition of Full Jet Limited to Accelerate Expansion of Luxury and Premium Brand Footprint
Baozun Inc. (NASDAQ: BZUN and HKEX: 9991) (“Baozun” or the “Company”), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced that … ( read original story …)
