Alibaba Acquires 100% Shareholding of Youku Movie
Youku Movie Co., Ltd.'s original shareholder, Youku Information Technology Co., Ltd., withdrew, and Alibaba Digital Media & Entertainment Group acquired its 100% shareholding.
1/5/20221 min read
Category: Industry
Showing 12 of 6361 posts in this category
Ofo Affiliate Fined RMB13.41 Million by Court
On June 23, Tianyancha showed that Dongxia Datong Company was listed as a judgment debtor by the Haidian District People's Court of Beijing, obliging it to pay about 13.416 million yuan in fines.
6/24/20213 min read
Still Optimistic About Self-Serve Stores? First Batch Close in Shanghai
Internet giants Alibaba and JD.com are still flirting with plans to open self-serve stores, but the first group of similar businesses has imploded in Shanghai. ...
Lenovo Founder Liu Chuanzhi Rumored to Resign as Chairman
Liu Chuanzhi, founding father of the Lenovo Group, is about to step down as the chairman of Lenovo’s parent company Legend Holdings.
12/17/20192 min read
Xiaomi Set to IPO in Hong Kong: World's Largest IPO Since 2014
According to the Stock Exchange of Hong Kong Limited (SEHK) today, Xiaomi has officially submitted their IPO application documents. Xiaomi is expected to become...
HTC Chairwoman Cher Wang Added to Lenovo's Board Of Directors as Independent Director
Lenovo Group, a leading Chinese technology firm, announced on Monday night that Cher Wang and Xue Lan have been appointed as independent non-executive directors of the company with effect from June 20, 2022.
6/21/20222 min read
Online Logistics Platform Kuaigou Dache Files for Hong Kong IPO
Intra-city freight platform Kuaigou Dache, known as GoGoX overseas, filed a prospectus for a planned listing on the HKEx main board, according to HKEx filings.
8/30/20212 min read
Tencent-backed Grocery Start-up Missfresh Closes on $495M Fundraising
Tencent Holdings-backed Missfresh has completed a new round of financing worth $495 million, LatePost reported, the biggest fundraising that a Chinese grocery start-up has ever received.
7/23/20203 min read
CATL Obtains World's First UNECE Access Certification for EV Batteries
Leading Chinese battery firm Contemporary Amperex Technology Co. Limited (CATL) announced on Thursday that it has obtained the world's first UNECE R100.03 approval for EV battery systems, granted by the German Ministry of Transport.
TuSimple to Go Public as a Self-Driving Company, Revenue to Be Largely Derived from AFN
Self-driving truck company TuSimple revealed on Tuesday its prospectus with the U.S. Securities and Exchange Commission (SEC), planning to go public on Nasdaq on April 15th with the ticker “TSP.”
4/9/20213 min read
Outbound Tourism Grows in Chinese New Year Holiday
More and more Chinese chose spend their Spring Festival holiday traveling. The number of people who enjoyed the week-long holiday break overseas grew by 28 percent, according to Alibaba.
NetEase Cloud Music May Raise $1 Billion after Listing Hearing
Hong Kong media reported on Monday that Chinese gaming giant NetEase’s music streaming arm NetEase Cloud Music would pass its listing hearing as soon as this week, eyeing raising about $1 billion. Its co-sponsors are Merrill Lynch, CICC and Credit Suisse. The music platform declined to comment on the news.
7/27/20212 min read