Ant Group: Currently No Plan for An IPO
Ant Group stated: There is currently no plan for an IPO, let alone a so-called 'reverse merger.'
Category: Industry
Showing 12 of 6361 posts in this category
Want a Job in the Competitive Chinese Internet Industry? Jobseekers Resort to Employment Tutors
The sweeping regulations recently introduced to China's once booming private tutoring sector have pushed the industry near to its end. But there is an exemption.
9/26/20215 min read
Sharp Slump in Bitcoin Price Issues Meitu $17.3 Million Loss
Meitu, a Chinese smartphone maker and owner of a popular photo retouching app, announced on Tuesday that it lost $17.3 million in bitcoin due to a nosedive in ...
New Oriental to Provide One-Month Free Courses for Wall Street English Students
New Oriental Education schools in Hangzhou and Shanghai also announced they would provide one-month free courses for WSE students in those locations.
8/19/20213 min read
SVOLT and CATL Reach Settlement on Unfair Competition Case
After nearly half a year, the lawsuit between battery developer SVOLT and industry giant CATL has come to an end.
7/20/20222 min read
Alibaba Founding Member Steps Down from Affiliated Company of Taobao Education
Business information inquiry platform Tianyancha showed that on Friday, Alibaba (China) Education Technology Co., Ltd., an affiliated company of Taobao Education, had a change up in its top level employee structure.
1/21/20222 min read
Huawei Founder Ren Zhengfei Discusses US Sanctions, Chips, and AI
Ren Zhengfei, founder and CEO of Chinese telecoms giant Huawei, delivered a speech at a recent symposium where he addressed several issues, including chip supply, ChatGPT, the company's future direction for research and development, and its employee selection systems.
Tencent Adjusts Financial Consumer Rights Protection Committee
Tencent carried out a few structural, duty and personnel adjustments within its Financial Consumer Rights Protection Committee.
7/12/20222 min read
Li Auto's Founder Calls For Unified Language Terms for Automatic Driving in China
This Monday, Li Xiang, the founder of Li Auto, posted a Moment on WeChat saying, "It is suggested to unify the Chinese standard for automatic driving to avoid the misunderstanding of users."
8/16/20212 min read
China’s GalaxySpace Launches Broadband Satellite into Orbit
At 11:02 on Thursday, the Kuaizhou-1A Carrier Rocket named “Kuaizhou • Fuqiangfu” (rich, strong and blessed in Chinese) was launched at the Jiuquan Satellite Launch Center.
1/16/20202 min read
Xiaomi Tops Q3 Global Wearable Shipments
According to International Data Corporation's (IDC) Worldwide Quarterly Wearable Device Tracker, global shipments for wearable devices reached 32 million units ...
12/4/20182 min read
DeepGlint to List on Shanghai's STAR Market
The China Securities Regulatory Commission on Thursday officially approved the application of computer vision company DeepGlint to carry out an IPO on Shanghai's Sci-Tech Innovation Board.
1/14/20222 min read