Showing 12 of 38 posts with this tag
On July 14, Chinese e-commerce firm JD.com announced that its subsidiary, JD Intelligent Industry Development Group, had completed its compulsory acquisition of China Logistics Property Holdings (CNLP).
Recently, there were rumors that the emerging automaker Xpeng Motors would acquire the luxury car brand Maserati. However, Xpeng Motors has now denied these rumors.
News of Tencent's acquisition of Black Shark circulated in the market in January of this year, but the acquisition wasn't approved by relevant government departments, so Tencent has reportedly given it up.
With Elon Musk taking over Twitter, Binance, the world’s largest crypto exchange, confirmed on October 28 that it was an equity investor in the billionaire’s $44 billion acquisition.
eBay Inc., a global e-commerce leader that connects millions of sellers and buyers around the world, has acquired KnownOrigin, a non-fungible token (NFT) marketplace.
The privatization of online LGBTQ platform BlueCity is nearing completion. Metaclass Management ELP, a fund owned by Chinese social networking product developer Newborn Town, will become its actual controller.
Trip.com’s application for the transfer of 100% equity of Shanghai Oriental Huirong Information Technology Service Co., Ltd. was officially approved by the People’s Bank of China on Monday.
On July 11, Chinese battery materials giant Ganfeng Lithium announced that its board of directors agreed that Ganfeng International, a wholly-owned subsidiary, would acquire Argentina-focused Lithea Inc. for up to $962 million.
Tequila Works, the studio that developed Song of Nunu: A League of Legends Story, announced on Tuesday that Chinese tech giant Tencent has become its majority shareholder.
Alibaba Group Holding Ltd. and a Chinese state-owned company are considering bidding for a stake in Unisplendour Corporation Limited, a cloud computing infrastructure company, according to sources cited by Reuters. The stake could sell for up to $7.7 billion.
Shenzhen-based tech giant Tencent announced on Wednesday that it will wholly acquire Canadian-based game studio Inflexion Games.
Beijing-based mobile game developer Shizhisha became a wholly-owned subsidiary of Bilibili.