Dada Nexus (DADA) has filed to raise $264 million from the sale of ADSs representing underlying ordinary shares, per an amended F-1/A registration statement. The company provides grocery and food … ( read original story…
Tagged By blockchain
China’s Digital Currency Could Challenge Bitcoin and Even the Dollar
People in China are no strangers to digital payments—if anything, it’s easier to move around and shop in Shanghai or Beijing with an Alipay or WeChat Pay smartphone app than it is bearing a pocketbook…
IPO Update: UCloudlink Proposes Terms For U.S. IPO
UCloudlink intends to raise $50 million in a U.S. IPO. The firm provides mobile users and carriers with the ability to share data capacity. QuickUCL has perform … ( read original story …)
China’s Dada targets US IPO amid Washington-Beijing tensions
Chinese online grocery firm Dada Nexus Ltd said on Monday it aims to raise up to US$280.5 million in a U.S. initial public offering … ( read original story …)
Tensions flare as U.S. signals broader crackdown on Chinese telecoms
The Trump administration is signaling a broader crackdown on the Chinese communications sector — well beyond the companies that have already come under harsh U.S. scrutiny. In an interview, a senior … ( read original…
AsiaInfo, China Unicom develop cloud billing, path fitting management system for Guangdong highways
Software supplier AsiaInfo has announced that the cloud billing and path fitting system of the management system built by AsiaInfo and China Unicom for Guangdong highways has underwent the Phase II … ( read original…
Beyond Meat Expands Overseas With Yum China Deal
Beyond Meat products will be sold at Yum China Pizza Hut, KFC and Taco Bell locations for a temporary run starting this week. ( read original story …)
IPO Launch: UCloudlink Finalizes U.S. IPO Plan
UCloudlink (UCL) has filed to raise $50 million in an IPO of its ADSs representing underlying Class A shares, per an amended registration statement. The company provides mobile data sharing options to … ( read…
China Reneges; Hong Kong Bids Adieu; Trump Team Worries About A Massive Trade Debacle
Welcome back to 1997, when a truly unique British Colony was assigned a new mini-constitution – proclaiming that Hong Kong was quasi-independent within the network of the People’s Republic of China. ( read original story…
Semiconductor Manufacturing International plans China IPO – prospectus
Hong Kong-listed chip-maker Semiconductor Manufacturing International Corp aims to raise about 20 billion yuan ($2.80 billion) selling shares in Shanghai, the company said in a prospectus on Monday. ( read original story …)
Yum China to Introduce the Revolutionary Beyond Burger® at Select KFC, Pizza Hut and Taco Bell Restaurants
Yum China Holdings, Inc. (the “Company” or “Yum China”) (NYSE: YUMC) today announced that it is partnering with Beyond Meat, Inc. (NASDAQ: BYND), a leader in plant-based meat, to introduce the Beyond … ( read…
PAG-Backed Youran Seeks $300 Million in Pre-IPO Funding
China Youran Dairy Holding Ltd. is working with advisers to raise between $300 million and $400 million in a new funding round before its potential initial public offering, according to people … ( read original…
Some of Trump’s China Trade War Tactics Are Smart, Some Are Not
President Trump doesn’t want to give China Inc. access to U.S. money, either. The Senate passed a bill that could block Chinese companies from listing on U.S. stock exchanges, while the president … ( read…
