The Shenzhen, China-based company was founded in 2015 and booked $55 million … The article Chinese lending platform Samoyed withdraws $80 million US IPO originally appeared on IPO investment manager … ( read original story…
Tagged By ipo
WeWork lifts veil on finances with IPO filing
WeWork would be the biggest company by value to list on the U.S. stock market this year after ride-hailing firm Uber Technologies Inc. An IPO would come at a time when an escalating trade war…
European blockchain company Bitfury launches artificial intelligence unit
NEW YORK (Reuters) – European blockchain company The Bitfury Group … That list includes Coinbase, a U.S.-based exchange, and China’s Bitmain, the largest cryptocurrency mining firm in the world. ( read original story …)
Starbucks China rival Luckin sales surge in first results since IPO
Aug 14 (Reuters) – Luckin Coffee Inc reported a more than seven-fold jump in quarterly revenue on Wednesday, in its first earnings report as a public company, as the Chinese challenger to Starbucks … (…
Airline, luxury brands follow China’s lead on Hong Kong
HONG KONG — The chief executive of Hong Kong’s Cathay Pacific Airways warned Monday there will be “disciplinary consequences” for employees involved in “illegal protests,” as the airline joins a … ( read original story…
Samsung loses K-Pop star’s endorsement as it becomes embroiled in ‘One China’ row
The world’s number one smartphone maker Samsung has become the latest global brand to face criticism for damaging China’s “territorial integrity”, with a Chinese K-pop star ending an endorsement … ( read original story …)
Trade war is turning China’s local manufacturers to the domestic market, says e-commerce giant JD.com
Chinese e-commerce company JD.com reports second-quarter revenue that beat market expectations and a net profit, following a loss in the same period last year. “Given perhaps the trade tension, more … ( read original story…
China’s industrial output growth in July falls to 17-year low as trade war escalates
China’s economy has been slow to respond to a flurry of support measures rolled out since last year, with growth cooling to a near 30-year low in the second quarter. Business confidence also remains ……
China’s Online Army Shows Brands Who Is In Charge Amid Hong Kong Crisis
As geopolitical storm clouds gather, China’s most powerful weapon may not be tariffs or riot police, but ordinary consumers at their keyboards. Beijing is increasingly finding itself under siege as … ( read original story…
China’s online army shows foreign brands who’s in charge
Companies from Versace to Calvin Klein have been forced to apologise after being slammed by Chinese internet users for identifying Hong Kong as a country Chinese buyers account for at least a third of ……
Swarovski apologizes for implying Hong Kong is independent from China
BEIJING — Crystal jewelry maker Swarovski on Tuesday became the latest foreign brand to apologize to China for implying Hong Kong was an independent country. “Swarovski takes full responsibility and … ( read original story…
Under New Owner Xtep, K-Swiss Will Make a Big Push for China
K-Swiss is ready to take on China. Following initial reports in May of an acquisition deal, Chinese sportswear firm Xtep International Holdings Ltd. completed its purchase on Aug. 2 of K-Swiss Global … ( read…
Givenchy, Coach Join Versace To Apologise To China Amid Hong Kong Unrest
As tensions in Hong Kong continue to escalate after months of political unrest, China has sought to rein in international brands that have mistakenly identified the semiautonomous territory – and … ( read original story…
