OK Group, the world’s leading blockchain enterprise, announced the launch of the blockchain talent recruitment and training plan, called OK Recruit, which is expected to create hundreds of job … ( read original story …)
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Global Brands Leveraging Tmall 6.18 Shopping Festival To Tap China Consumption Rebound
Tmall, Alibaba’s premier B2C e-commerce platform, has kicked off its 6.18 Mid-Year Shopping Festival to stimulate China’s consumption engine and help global brands capture new post-Covid consumer … ( read original story …)
China’s Border Invasion Will Push India Toward the U.S.
That’s trouble for India, but it may offer an advantage for the U.S. Since American officials started worrying about China’s rise in the 1990s, they have looked to India as a … ( read original…
China’s Dada targets U.S. IPO amid Washington-Beijing tensions
The company set a price range of $15 to $17 per American Depository Share (ADS) for 16.5 million ADS in the IPO, which at the top end of this target would value the company at…
Chinese Chip Maker With a Hand in Crypto Mining Plans $2.8B IPO
Hong Kong-listed SMIC plans to raise $2.8 billion via an initial public offering on the Shanghai Stock Exchange, in hopes of advancing its chip making practices. The company is working with Canaan … ( read…
‘New Era’ for China-Japan Ties Dissipates Over Trump-Xi Fight
China relations has turned sour, as the U.S. standoff with Beijing leaves Prime Minister Shinzo Abe caught up in a fight between his country’s biggest trading partner and its sole military ally. ( read original…
IPO Launch: Dada Nexus Proposes Terms For $264 Million IPO
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…
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 …)
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…