Didi Chuxing Technology Co. plans to bring its ride-hailing services to Western Europe, Bloomberg reported, citing “people familiar with the matter.” The move could boost the firm’s valuation ahead of … ( read original story…
Tagged By business
China grocery market to reach US$1.62tn by 2022
New data from IGD reveals that the growth of China’s grocery market will remain robust, with total value reaching US$1.62tn by 2022. ( read original story …)
Planning to Short Bitcoin? Better Check China’s ‘Tether Premium’ First
Bitcoin analysts say this week’s quick market rebound might be due to Chinese retail buyers buying the dip, using the stablecoin tether. ( read original story …)
China’s Infant Formula Market Loses Allure for Reckitt Benckiser
The promise of surging baby-formula sales in China fueled Reckitt Benckiser Group Plc’s $18 billion acquisition of Enfamil maker Mead Johnson. Only four years later, the U.K. company is considering … ( read original story…
Jeff Hatfield assembles a syndicate with some A-list public investors in the mix as Vividion adds $135M raise
Back when Vividion put together its $82 million B round more than a year ago, I speculated that the startup was probably gearing up for an IPO. That still hasn’t happened, but they may be…
China’s Hony Capital-backed SPAC looks to raise $300 mln in U.S. IPO- the Information
A blank-check firm backed by HonyCapital, which has investments in TikTok owner ByteDance andWeWork’s China unit, is looking to raise $300 million in an U.S.initial public offering, the Information … ( read original story …)
CHIF Announces Entry into Cryptocurrency, Blockchain and Digital Asset Arena
China Food and Beverage Company (OTC Pink: CHIF), today announced that the Company will be entering the cryptocurrency, blockchain and digital asset technology arena. The management of CHIF believes … ( read original story …)
ZK International’s Subsidiary, xSigma Corporation, Announces a Software Acquisition Deal and the Launch of its Crypto Trading Platform
ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZKIN”, “ZK International” or the “Company”), is pleased to announce that xSigma Corporation, a subsidiary of the Company and a blockchain R&D lab, is … ( read original…
Chinese Ride-Sharing Giant Didi Plans Entry Into Europe
Chinese ride-hailing giant Didi Chuxing Technology Co. plans to make its debut in Western Europe, people familiar with the matter said, as the company seeks new growth markets ahead of a long-awaited … ( read…
China’s economy dented as American brands cancel Xinjiang’s cotton imports
The United States began isolated sanctions last year on Xinjiang textile makers, including Huafu, which didn’t respond to a request for comment. ( read original story …)
China’s largest crude trader seeks $1.7bn Shanghai IPO
China’s top crude oil importer Sinochem Energy is ready to launch an initial public offering (IPO) on China’s Shanghai Stock Exchange, as it seeks to beef up its refining capacity. The company is … (…
Reckitt Benckiser Reviews Infant Nutrition Business in China
Reckitt Benckiser Group Plc began a strategic review of its infant nutrition business in China, which has been holding back growth even as the Lysol maker benefits from surging demand from hygiene … ( read…
China Outbound Tourism Market Size, Trends, Companies, Driver, Segmentation, Forecast to 2026
The research literature on China outbound tourism market offers a holistic overview of trends, growth drivers, and challenges, market size and forecast, as well as country analysis covering about 26 … ( read original story…
