Baidu said on Tuesday it has acquired social media firm JOYY’s live-streaming business in mainland China for about $2.1 billion, as the search engine giant looks to diversify its revenue stream.
Tagged By business
Trump’s US government shake-up hits agency enforcing export controls aimed at China
Bureau of Industry and Security’s work carries implications for US global trade in what are arguably its most important products The indiscriminate shake-up of the US government under President Donald …
China’s January total gold imports via Hong Kong hits near three-year low
China’s total gold imports via Hong Kong in January fell 44.8% from December to their lowest since April 2022, Hong Kong Census and Statistics Department data showed on Tuesday.
How the US makes billions selling gristly chicken feet to China
Chicken feet are regarded as waste in most countries, but in China they are a beloved delicacy – and a lucrative import category.
US tariffs on China to hit Smith+Nephew’s wound division, says CEO
Medical products maker Smith+Nephew’s wound business will take a hit from U.S. tariffs on imports from China, as the British company has “significant” manufacturing in the Asian country for that …
XT.COM x Rolling Stone China: HK VIP Night Showcases the Power of #BeyondTrade
The Rolling Stone China – HK VIP Party, powered by XT.COM, served as a dynamic launch point for the conference’s opening day. Guests included industry professionals, investors, innovators, and …
Tesla Moves One Step Closer to Self-Driving Cars in China
The development marked a breakthrough for Tesla’s chief executive, Elon Musk, in a country where his company has faced increasingly tough competition.
Chinese phones dominate Southeast Asia—but it’s ‘now or never’ for these budget brands to go premium
As the smartphone market matures, Chinese brands like Oppo are looking for growth by selling better phones, instead of more phones.
Exclusive-KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources say
KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks’ China business, four sources said, as the U.S. coffee chain looks to revive flagging sales …
Made in China 2025: 4 questions on the country’s manufacturing upgrade 10 years on
Is China a leader in aeronautics and robotics? What role did the government play in their success? SCMP editors answer questions about Made in China 2025.
Auto brands from China Auto Valley eye faster growth
In 2024, Voyah achieved eight consecutive months of sales growth, with annual sales rising by 70 percent year on year. Li Boxiao, deputy general manager of the sales service company of the brand, said …
‘Good start’: China bids to reset ties with Japan amid Trump tariff storm
Both Asian powers have ‘sent clear signals’ they want to improve their economic relationship, but geopolitical tensions will make that difficult.
‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s …
