REIT focused on US suburban office and flex real estate. Hat-trick from China: Search, loans and education Sogou ( SOGO) is China’s second-largest provider of mobile search, a multi-billion-dollar market. It is also the fastest-growing,…
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China approves 5 IPO applications
BEIJING, Nov. 4 (Xinhua) — China’s securities regulator has approved IPO applications from five companies, which will raise up to 5.4 billion yuan (about 814 million U.S. dollars) in the A-share market. Two companies will…
One of China’s most powerful CEOs believes the future of US industry lies in the Middle Kingdom
As China has opened up, the symbolism that once connected it to many nations around the world has been replaced by new business partnerships, economic ties, and cultural exchanges. This new era of what I…
China’s financial planning platform: Jianpu Technology sets terms for $214 million US IPO
Jianpu Technology, which provides a wealth management platform in China, announced terms for its IPO on Friday. The Beijing, China-based company plans to raise $214 million by offering 22.5 million ADSs at a price range…
China Search Engine Company Sogou Ready For $540 Million IPO
Beijing-based Sogou, which is also backed by Tencent Holdings … Sogou considers its strategic strength to be its prowess in artificial intelligence. It expects the IPO to reap $501 million in net proceeds, which it…
Tencent’s China Literature $1.1 Billion IPO Speaks Volumes About Value of IP in China
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. China Literature has raised $1.1B after pricing its Hong Kong IPO…
Chinese startups challenging foreign condom brands
“Now, more domestic brands have entered the industry with new technologies and fresh marketing ideas as their driving forces. Made-in-China condoms are no longer synonymous with low prices and poor quality. You can now find…
Domestic startups challenging foreign condom brands
“Now, more domestic brands have entered the industry with new technologies and fresh marketing ideas as their driving forces. Made-in-China condoms are no longer synonymous with low prices and poor quality. You can now find…
Virtual Reality in China: Unlimited Possibilities for Luxury Brands
Virtual reality is booming worldwide and, as often is the case, China is leading the way. At the Global ARVR China Summit held this year in Shanghai, local startups released pioneering innovations that compete with…
L Brands’ founder sees company’s future growth will be in Far East
L Brands’ founder, chairman and CEO, Leslie H. Wexner, was in an optimistic mood Thursday as he addressed an investor update crowd at the retailer’s headquarters. The reason, in great part, boiled down to one…
iPhone X debuts: Will Apple succumb to domination of OPPO, Huawei and Vivo in China?
Apple is hopeful of its latest feature-rich iPhone model, but an uprising of Chinese smartphone brands of late has made industry observers remain cautious, especially in China. Apple, which has been struggling with declining revenue…
3 Shopping Habits of China’s Mass-Affluent Men That Luxury Brands Need to Know
The rapid expansion of China’s wealth in recent decades has given birth to the country’s mass affluent male class (M.A.C), which wields massive purchasing power and directly affects luxury brands. However, research focusing on uncovering…
Fast food chain owner Yum! Brands shares up after third quarter results
Yum Brands Inc (NYSE:YUM) saw its shares rise in premarket trade … up from the US$3.31bn recorded a year earlier. The company spun off its China business in November last year. This was comfortably above…