BEST Inc. Receives Acquisition Offer from Buyer Consortium Including Alibaba and Cainiao
On November 7th, BEST Inc. announced that its board of directors had received a preliminary non-binding offer from a buyer consortium consisting of Alibaba, Cainiao, and the company's founder, Zhou Shaoning, to acquire all of the issued ordinary shares.
Global Asset Management Giant Vanguard Confirms Its Withdrawal from China
Global asset management giant Vanguard confirms its withdrawal from China and the closure of its offices in the country.
Pony Ma’s Keynote at Tencent’s 25th Anniversary Celebration
On November 11th, Tencent held its 25th anniversary celebration, with Pony Ma and other Tencent executives having an internal communication with employees.
Tencent Released Q3 Financial Report, Showing a 39% Net Profit Growth
On November 15th, Tencent Holdings Ltd. released its third-quarter financial report, showing a revenue of 154.63 billion yuan, a year-on-year increase of 10%, and a net profit (Non-IFRS) of 44.92 billion yuan, a year-on-year increase of 39%.