ByteDance (BDNCE), the parent of the TikTok short video app, is said to be offering to buy back as much as $3 billion of its shares from investors as its plan for an initial …
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Possession of Bitcoin still legal in China despite the ban, lawyer says
One of the world’s most hostile countries toward Bitcoin, China has not yet banned the possession of cryptocurrencies.
UK brands China-linked firm’s energy plans in Wiltshire a ‘risk to national security’
The UK government has intervened over a firm linked to China’s state-owned China Hua Neng Group, saying there is a ‘risk to national security’ over the National Grid …
Inside China’s S’Young Group’s first-ever concept store and beauty exhibition
Targeting China’s high end beauty customers, the 3200sqft Shuiyangtang flagship will showcase brands including Pier Augé, EviDenS de Beauté , Jo Loves and Kiko Milano …
Opel stops China expansion amid political tensions
Opel CEO Florian Huettl believes it’s the wrong time for Opel to expand into China amid political tensions with its current lineup.
Condé Nast China Boss Li Li Steps Down
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.
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.
