Chinese grocer Dingdong, which mainly delivers to big cities, is setting its sights on getting a $6 billion valuation when it goes public in the U.S.
Tagged By blockchain
China’s latest crypto crackdown will weigh on bitcoin prices, says Slow Ventures’ Carlson
Jill Carlson of Slow Ventures joins “Squawk on the Street” to discuss China’s new crackdown on crypto mining and what it could mean for bitcoin.
China By Numbers: Technology
China is now a world leader in science and technology. Some of the most innovative companies are headquartered in China, largely due to the country’s focus on research, development and innovation. It …
Hong Kong’s Lalamove files confidentially for $1bn American IPO
Hong Kong-based logistics startup Lalamove has filed confidentially for a U.S. initial public offering that could raise about $1 billion, two people familiar with the plan say, joining a string of …
China faces import dilemma in advance of 1 July holiday
While reported case numbers are low, local and regional Chinese government officials are going to drastic lengths to reduce any possibility of a major outbreak of the virus blemishing the upcoming …
Live: Visit China’s new window to the world in Hainan Province
A slew of preferential policies have been rolled out to facilitate trade and business operations in Hainan. CGTN’s Li Jianhua zooms in on the island. Check it out!
China data: Crude imports from North Sea likely to ease after jump in May
China’s crude imports from North Sea and Africa rose in May, but the trend is unlikely to continue as the Brent-Dubai price spread hovers over $3/b level, making various light sweet crude cargoes from …
Rachel Marsden: Western nations are scapegoating China for their own mistakes
America, Canada, Britain, France, Germany, Italy and Japan — vowed “to coordinate a common strategy to deal with China non-market policies that undermine competition,” Biden said in a press conference …
Panjiva reports another strong month for imports in May
U.S.-bound import shipments—at 1,310,710—are up 30.5% annually and are up 27.9%, to 6,137,069, on a year-to-date basis through May. And containerized freight imports—at 3,010,055 TEU (Twenty-Foot …
China’s acidspar imports surge by 895% in May; exports climb 3%
China’s imports of fluorspar acidspar grew by 895% year on year in May 2021 due to increasing demand from buyers in China attracted by cheaper prices, while exports increased slightly with most demand …
China’s May manganese ore imports surge 27% on month
China’s imports of manganese ore reversed up in May after their short-lived retreat in the prior month, surging by 27% on month to 2.85 million tonnes, according to the latest detailed data released …
Trends In Blockchain: Why Big Banks Are Adopting This Technology
I believe that the notion that a financial revolution will displace the power and function of large international banks is very unlikely … as long as they continue to adapt and invest. In 2018, …
SoftBank-backed Dingdong targets over $6 billion valuation in US IPO
The valuation represents a jump of over 20% from the $5.1 billion the company was worth after the Japanese conglomerate invested in it last month.
