Tim Hortons China has completed a new fundraising round from Sequoia Capital China, Tencent Holdings and Eastern Bell Capital, the coffee chain said on Friday. Tim Hortons China confirmed the details, … ( read original…
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China’s factory activity growth likely moderated during Feb holiday lull: Reuters poll
China’s factory activity likely grew at a slightly slower rate in February as factories closed for the Lunar New Year holiday, a Reuters poll showed, although growth is expected to remain firm, buoyed … (…
Tim Hortons marks two years in China with Tencent investment
Tim Hortons, the Canadian coffee and doughnut giant, has raised a new round of funding for its Chinese venture. The investment is led by Sequoia China with participation from Tencent, its digital … ( read…
China Focus: Hard seltzer, protein powder and local dairy regulations feature in our round-up
Hard seltzer, protein powder and local dairy regulations feature in this edition of China Focus. LINGYA (零呀), the company which produced China’s first locally made hard seltzer has rebranded to ZEYA, … ( read original…
Visa, World Economic Forum Crypto Heads on Central Bank Digital Currencies
Cuy Sheffield, Head of Crypto, Visa and Sheila Warren, Head of Data, Blockchain, and Digital Assets at World Economic Forum speak with Bloomberg’s Vildana Hajric at the Bloomberg Crypto Summit about … ( read original…
Rapid returns for shareholders as Pandion agrees to $1.85B Merck buyout
Merck & Co. Inc. is paying $1.85 billion, or $60 per share, to acquire Pandion Therapeutics Inc. on the back of early stage data in human volunteers for its lead program, PT-101, an engineered ……
US-China relations: companies in south China have no appetite for decoupling, but expect tensions to grow, says AmCham
Small and medium-sized companies in south China are slightly more positive about US-China ties in 2021 than previous years, but most think bilateral frictions will expand. ( read original story …)
How global tech executives view U.S.-China tech competition
The global technology industry is hedging its bets. As the United States and China compete for technological supremacy in advanced semiconductor design and manufacturing, software, and other core … ( read original story …)
Bank of England urged to lead the world by developing its own crypto
In a wide ranging report on how to improve the UK’s fintech sector, Ron Kalifa (pictured) urged bosses at The Old Lady to embrace the new asset class rather than dismiss them as a dangerous…
Brands Walk A Marketing Tightrope Over Political Chasms
How do you win when marketing in the face of contentious political issues? It may not be possible. To understand the strangeness, and often void, of corporate political marketing, look at Nike and … (…
Fanatics scores China deal, IPO may be next play
Fanatics Inc, the world’s biggest licensed sports merchandise retailer, said on Thursday it was expanding into China via a venture with private equity firm Hillhouse Capital Group, as the e-commerce … ( read original story…
Chinese Company IPOs on US Exchanges Hit 10-Year High in 2020
The number of Chinese companies selling stock shares on American exchanges hit a 10-year high in 2020, despite the rising U.S.-China tensions and the threat by Washington to delist companies that do … ( read…
Ex-Google Chief Eric Schmidt Warns Of China’s Tech Advances
Former Google CEO Eric Schmidt told Congress there is an urgent need to increase the pace of U.S. tech innovation to keep up with China. ( read original story …)
