Yahoo it ended its services in China Tuesday because of “the increasingly challenging business and legal environment” in the country, a spokesperson said in a statement.Why it matters: Yahoo is the …
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China Stock Market May Find Traction On Wednesday
The China stock market has moved lower in back-to-back trading days, sinking more than 40 points or 1.2 percent along the way. The …
TechCrunch+ roundup: Yahoo leaves China, Nubank IPO, B2C expansion tips
Natasha Mascarenhas and Alex Wilhelm dissected the document to learn more about the operations of one of the world’s largest startups. Notably, as many as 90% of Nubank customers were acquired …
Sequoia China’s Neil Shen Sees ‘Enormous’ Potential In China’s Enterprise Technology Start-Ups
Sequoia China founding and managing partner Neil Shen has one of the best track records for venture investing in China. Winning picks include: social media ByteDance, the operator of TikTok, …
China takes the quality of its exports seriously: FM spokesperson
“China attaches great importance to the quality of its exports,” Chinese Foreign Ministry spokesperson Wang Wenbin said on Tuesday in a general response to Bloomberg’s probe on a shipment of allegedly …
Diageo Breaks Ground on Its First Malt Whiskey Distillery in China
Diageo announced they’re expanding their whiskey empire into new territory: The London-based company has broken ground on its first malt whiskey distillery in China. “China is the world’s largest …
China’s Energy Crisis Adds to Fashion’s Supply Chain Woes
Blackouts and power shortages at Chinese factories are adding to the growing list of supply chain challenges facing the global fashion industry.
China urges regions to stockpile food and essentials
China’s Ministry of Commerce issued a notice urging regional authorities to stabilize food prices, ensure adequate food supplies this winter and next spring, and encourage residents to stock up on …
Startup Digest: Delhivery files papers for IPO, Ola reports first-ever operating profit
Delhivery files papers for IPO, Ola reports first-ever operating profit, Coinbase acquires Agara, Ruptok Fintech raises $2.1 mn, SoftBank invests $93 mn in Sandbox.
Sales of Missfresh’s In-house Fresh Food Brand Soared 250% Year-on-year in Q3 2021
Missfresh Limited (“Missfresh” or the “Company”) (NASDAQ: MF), an innovator and leader in China’s neighborhood retail industry, saw sales for its in-house fresh food brand, “Xiang An Xin”, jump 250% …
Russia’s electricity exports to NE China jump amid local shortages
Russian electricity exports to Northeast China has been increasing sharply in recent weeks and could get a further boost if arrangements were made on prices and supplies, a Chinese energy expert said …
What China’s strict new data export guidelines mean to international businesses
Beijing’s new security assessment guidelines for cross-border data transfers, which could significantly raise compliance costs for international businesses operating in China, are more far-reaching …
China gears up for import expo with stringent antivirus measures to ensure safety
A truck loaded with the first batch of exhibits arrives at the north square of the National Exhibition and Convention Center (Shanghai), a main venue for the fourth China International Import Expo …
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