Beijing-based Sogou, which is also backed by Tencent Holdings … Sogou considers its strategic strength to be its prowess in artificial intelligence. It expects the IPO to reap $501 million in net proceeds, which it…
Tagged By ipo
Tencent’s China Literature $1.1 Billion IPO Speaks Volumes About Value of IP in China
In China, a whole new industry chain surrounding online literature IPs is taking form and now involves music, games, TV dramas, and movie production. China Literature has raised $1.1B after pricing its Hong Kong IPO…
Chinese startups challenging foreign condom brands
“Now, more domestic brands have entered the industry with new technologies and fresh marketing ideas as their driving forces. Made-in-China condoms are no longer synonymous with low prices and poor quality. You can now find…
Domestic startups challenging foreign condom brands
“Now, more domestic brands have entered the industry with new technologies and fresh marketing ideas as their driving forces. Made-in-China condoms are no longer synonymous with low prices and poor quality. You can now find…
Virtual Reality in China: Unlimited Possibilities for Luxury Brands
Virtual reality is booming worldwide and, as often is the case, China is leading the way. At the Global ARVR China Summit held this year in Shanghai, local startups released pioneering innovations that compete with…
L Brands’ founder sees company’s future growth will be in Far East
L Brands’ founder, chairman and CEO, Leslie H. Wexner, was in an optimistic mood Thursday as he addressed an investor update crowd at the retailer’s headquarters. The reason, in great part, boiled down to one…
iPhone X debuts: Will Apple succumb to domination of OPPO, Huawei and Vivo in China?
Apple is hopeful of its latest feature-rich iPhone model, but an uprising of Chinese smartphone brands of late has made industry observers remain cautious, especially in China. Apple, which has been struggling with declining revenue…
3 Shopping Habits of China’s Mass-Affluent Men That Luxury Brands Need to Know
The rapid expansion of China’s wealth in recent decades has given birth to the country’s mass affluent male class (M.A.C), which wields massive purchasing power and directly affects luxury brands. However, research focusing on uncovering…
Fast food chain owner Yum! Brands shares up after third quarter results
Yum Brands Inc (NYSE:YUM) saw its shares rise in premarket trade … up from the US$3.31bn recorded a year earlier. The company spun off its China business in November last year. This was comfortably above…
Jollibee shuts down China hotpot business
Fast-food giant Jollibee Foods Corp. has shut down its hotpot dining business under the 12 Sabu brand in mainland China, mostly to focus on its bigger brands in this part of the world. 12 Hotpot…
Hermès ups China digital game with launch of WeChat pop-up store
a strategic move signalling the brand’s ambition to step up its digital innovation in China. But it also raises the question of just how aggressive it can be in the digital space. The WeChat post…
Fitbit: An Update On China, Channel Checks And Brand Value
Fitbit has experienced some weakness over the course of the past few days, which I believe provides a nice opportunity to add more shares. In this update, I provide an update on China, implications of…
Tencent Unit’s Hong Kong IPO Draws a Crowd
The tech-stock ardor sweeping the world has reached Hong Kong, judging by the response to China Literature Ltd.’s initial public offering. Continue Reading Below Orders for the IPO of the Tencent Holdings Ltd. unit, expected…
