Chinese grocery app Dingdong Maicai is considering an initial public offering in the US as soon as this year to bankroll its expansion in the competitive fresh food delivery market,” Bloomberg … ( read original…
Tagged By business
JPMorgan Joins Choir Warning of Tether’s Sway on Crypto Markets
Questions about the influence of Tether continue to swirl in cryptocurrency markets, even as the companies behind it defend the so-called stablecoin’s soundness. ( read original story …)
Spinning Ant’s IPO
That China wants – needs – to put its own spin on the events surrounding Ant Group’s failed IPO last year is clear from recent leaks by mainland officials. ( read original story …)
China Sports Business Weekly: AFC Qualifiers postponed until June
AFC qualifiers suspended until summer, Kuaishou lands world snooker partnership, PP Sports and Serie A reach agreement, China’s cinemas see record growth, and there’s another bundle of creative … ( read original story …)
Volvo Owner Geely and Concordium in JV to Offer Blockchain Services, Apps in China
Volvo owner Zhejiang Geely Holding and Swiss blockchain firm Concordium announced Friday a joint venture to provide blockchain technology and decentralized applications for clients in China. The joint … ( read original story …)
Geely and Concordium Announce a Joint Venture to Provide Blockchain Technology and Service in China Backed by Concordium’s Blockchain Technology
HANGZHOU, CHINA & ZUG, SWITZERLAND / ACCESSWIRE / February / The Concordium Foundation (Concordium) and the Geely Holding Group (Geely) have signed a Joint Venture agreement. The joint venture will … ( read original story…
Geely to build blockchain JV with Swiss foundation
Zhejiang Geely Holding Group, the country’s largest private carmaker, has inked a deal with Switzerland’s Concordium Foundation to offer blockchain technology and service in China. The foundation is a … ( read original story …)
Chinese Auto Group Geely to Set Up Blockchain JV
China’s Geely Holding Group will establish a blockchain joint venture with Switzerland-based Concordium Foundation. The joint venture aims to use Concordium’s technology to become a leading blockchain … ( read original story …)
China Suspending Jack Ma’s IPO Listings Has Political Connection, Says Report
The Wall Street Journal in a report claims the suspension order may have come directly from Chinese President Xi Jinping because of certain opaque investments. ( read original story …)
China Sports Marketers Have Plenty Of COVID Lessons To Digest Ahead Of Olympics
Two of the world’s top sporting highlights are expected to fall within a year of each other owing to COVID-19: the Summer Olympics, delayed from 2020, are still on for Tokyo this year, and the…
Blockchain mustn’t get blocked: Regulate but do not ban Bitcoin
Tesla announced that it had bought $1.5 billion of Bitcoin and will soon accept cryptocurrency as legitimate payment for its cars. Mastercard followed by announcing that it will incorporate ‘select … ( read original story…
China set to be first country where e-commerce sales outstrip bricks-and-mortar retail in 2021
Some 52.1 per cent of China’s overall retail sales are expected to come from the nation’s booming e-commerce sector next year, according to research firm eMarketer. ( read original story …)
China Drives Wedges in Europe to Break Up US Proposed Alliance
While U.S. President Joe Biden has been calling world leaders trying to build an alliance of Western democracies to counter China, Beijing also has been reaching out to the region. Since December, … ( read…
