Gill Zhou, who served as chief marketing officer for IBM Asia Pacific, will step into Li’s role, while the company searches for a new managing director.
Tagged By business
Refreshed 2023 Chevy Monza Officially Launches In China
Three months after local authorities fully leaked the refreshed 2023 Chevy Monza in China, General Motors has just officially launched Chevrolet‘s updated compact sedan in the Asian country. On …
China sales rebound in August
New vehicle sales in China surged 32% to 2,383,000 units in August 2022 from 1,799,000 units a year ago, according to the China Association of Automobile Manufacturers (CAAM). The market continued to …
The GAC Aion Hyper SSR Is China’s First Electric Supercar And It Can Do 0-60 In 1.9-Sec
While an unknown quantity in the West, domestically, GAC (Guangzhou Auto Corporation) is the fifth biggest automaker in the country. The GAC Aion is the group’s EV-focused brand with many recent …
L’Oréal’s China Fund Makes First Investment in Chinese Fragrance Brand Documents
Meicifang’s minority stake marks the closing of Documents’ Series A round investment of more than $10 million renminbi, or $1.4 million. Cathay Capital’s Consumer Co-Creation Fund also led this round …
If you’ve never experienced China Lights you’re in luck – It’s back with a brand new exhibit
Britney Spears, 40, just showed off her sculpted butt in a new nude Instagram photo. Britney loves working out with her personal trainer husband, Sam Asghari. Greg Abbott reportedly bussed over 100 …
Belarus, China eager to sign free trade in services agreement
In line with the document priority avenues of Belarus-China cooperation include the expansion of mutual direct investments, the creation of joint high-tech innovative manufacturing enterprises, the …
ByteDance to buy back US$3 bil in shares after IPO stalls
The Beijing-based company, parent of the hit TikTok video app, informed shareholders of the plan Friday via email.
TikTok parent to buy back €3 billion in shares as IPO plans stall
TikTok owner ByteDance is offering to buy back as much as $3 billion (€3 billion) of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash…
ByteDance to Buy Back $3 Billion in Shares After IPO Stalls
ByteDance Ltd. is offering to buy back as much as $3 billion of its own shares from investors at a valuation of about $300 billion, giving existing backers a way to cash out after plans…
Invesco raises $5.4 billion in China investments in first half; flags economic risks
U.S. asset manager Invesco’s Chinese joint venture withstood a volatile first half and attracted $5.4 billion from local investors, but the country’s persistent zero-COVID policy poses a threat to the …
China’s consumer, factory activity improve but still weak
Chinese consumer spending and factory output edged up in August but still were weak, official data showed Friday, and forecasters warned the second-largest economy is vulnerable to repeated shutdowns …
Chinese court unbans crypto trading but there’s a catch
A Chinese court unbans crypto trading for its citizens in a case that involved Litecoin but it should not be used as a legal tender.
