
JD.com Plans to Spin Off Health Unit, List in Hong Kong
Chinese e-commerce retailer JD.com, Inc. is planning to spin off and list its health unit on the Hong Kong stock exchange, the New York-listed company said Monday.
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Chinese e-commerce retailer JD.com, Inc. is planning to spin off and list its health unit on the Hong Kong stock exchange, the New York-listed company said Monday.
Seasoned investment firm Sequoia Capital's current chief Doug Leone has named Roelof Botha as his successor on Tuesday. Neil Shen will continue to lead the firm’s China business as the founding and managing partner.
Social media users recently spotted Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, in a hotel in Melbourne, Australia. Fans snapped a photo of him browsing his phone and drinking Coke.
According to the Hong Kong Stock Exchange (HKEx), Hangzhou SF Intra-City Industrial Co., Ltd. (SF Intra-City) on Monday passed its listing hearing.
Chinese variety store Miniso opened its first flagship store on February 5 along Chunxi Road, a pedestrianized shopping street in Chengdu, the capital of China's Sichuan Province.
Chinese online insurance technology company Waterdrop Inc. said it will focus on expanding its user base in China’s lower-tier cities and growing its online insurance business.
Chinese transportation services platform Hello Inc. announced that it would upgrade its ride-hailing platform, cooperating with a number of other travel enterprises including SAIC Mobility, T3, Ruqi Mobility and others.
NIO delivered a total of 3,965 units in August, a year-on-year increase of 104.1%, setting a new monthly high.
SINA Corporation, the company backing China’s popular microblogging service Weibo, reported its second quarter earnings results. Net revenue for the quarter was $533.1 million, beating expectations by $10.9 million despite a decline of 1% compared to the same period last year.
Baidu signed a cooperation agreement with the Chang'e Aerospace Science and Technology (Beijing) Co., Ltd. to become the global strategic partner for artificial intelligence (AI) in Chinese lunar exploration aerospace engineering.
Lazada, a Southeast Asian e-commerce firm owned by Alibaba, has appointed James Dong as CEO of Lazada Group, and he will also serve as CEO of Lazada Indonesia.
When it comes to navigating uncharted waters, Sky Li, the founder and CEO of realme, is a pro.