Chinese unicorn Dingdong, backed by SoftBank Vision Fund II, is aiming for a more than $6 billion valuation in its New York debut as the grocery app joins Asian tech startups seeking to tap into…
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Here’s why China’s crackdown on crypto mining could be good for bitcoin
Bitcoin continued its volatile streak on Tuesday, starting the day with a tumble below the key $30,000 level and then a rally completely back into positive territory. It briefly turned negative for …
China’s Full Truck Climbs in Debut After $1.6 Billion IPO
Full Truck Alliance Co., an Uber-like trucking startup, rose 13% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese company.The …
China’s Dingdong Targets Over $6 Billion Valuation in U.S. IPO
Chinese grocery app Dingdong said on Tuesday it was aiming for a valuation of over $6 billion in its initial public offering in the United States. (Reporting by Niket Nishant in Bengaluru; Editing by …
Amazon bans 3 more Chinese brands amid crackdown
Amid e-commerce giant Amazon ongoing crackdown on attempts by sellers to solicit positive consumer reviews three more Chinese consumer brands have been banne …
Engineering exports in May up; shipments to China fall
“The US topped as India’s export destination for engineering goods. Shipments to the country jumped 56 per cent to USD 1,022 million in May compared to USD 655.37 million in the corresponding month …
Venture capital firm Blockchain Capital raises $300 mln from PayPal, Visa
Blockchain Capital, a cryptocurrency- and blockchain-focused venture capital firm, raised $300 million in funding for its Fund V from investors including PayPal Holdings Inc (PYPL.O) and Visa Inc (V.N …
China’s Full Truck Climbs in U.S. Debut After $1.6 Billion IPO
Full Truck Alliance Co., an Uber-like trucking startup, rose as much as 20% in its trading debut after raising $1.6 billion in one of the year’s biggest U.S. initial public offerings by a Chinese …
China’s Full Truck Alliance Revs Up in Market Debut
Full Truck Alliance switched into high gear Tuesday as the Chinese trucking startup raised $1.6 billion in its IPO and rose in its first day of trading. Stocks Rise as Powell Testifies and Bitcoin …
China Trucking Startup Full Truck Alliance Raises $1.6 Billion in US IPO
Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside …
Self-Driving Car Tech Firm Quanergy in China-Backed SPAC Deal to Go Public
Quanergy Systems Inc, a supplier of self-driving car technology, said on Tuesday it will go public through a merger with Chinese blank-check company CITIC Capital Acquisition Corp. Quanergy is the …
China will create millionaires over three times faster than the US in five years through 2025, Credit Suisse wealth report says
China will create millionaires at a quicker pace than the US in the five years through 2025, according to the 12th Global Wealth Report by Credit Suisse.
Live: Visit one of the country’s biggest import car hubs in SW China
Join CGTN’s Xu Xinchen for a closer look at newly-arrived sports cars and luxury SUVs at a port for imported cars.
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