Chinese Company Archives

Meituan Launches One-stop Enterprise Consumption Management Solution

Chinese food delivery giant Meituan launched "Meituan Enterprise Edition" on April 13, a one-stop service for enterprise consumption management. A new brand image and app were set for the service.

Roborock Releases Two Automatic Cleaning Robots

On March 21st, Roborock released its annual flagship automatic cleaning robot G20 and a brand-new model, the P10.

Missfresh Responds to Rumors of Financing Failure and Company Dissolution

Regarding the rumors of dissolution, Missfresh responded on the afternoon of July 28 that under the larger goal of achieving profit, the company adjusted its business and organization.

Oppo Executive Denies Public Speculation Regarding Possible Vehicle Production

n response to previous reports about Oppo's entry into the automotive field, Bo Liu, President of Oppo China, affirmed that "there is no need for the company to produce vehicles at present".

Geely to Set Up New Electric Vehicle Sales Unit: Report

China’s Zhejiang Geely Holding Group plans to set up a separate unit to explore marketing and sales of electric cars, Reuters reported citing people familiar with the matter.

Huawei Could Hand Out 40 Billion Yuan in Cash Dividends to Staff: Report

Huawei Technologies will reward employee shareholders in cash dividends that could be worth at least 40 billion yuan ($6.2 billion).

Chinese Bottled Water Giant Nongfu Spring Soars in Hong Kong Debut, Founder Becomes China’s Richest Man

Shares of Chinese bottled water giant Nongfu Spring soared in their debut on the Hong Kong stock market Tuesday, boosting the fortunes of its founder Zhong Shanshan to instantly make him the richest man in China.

US Files Final Ruling: No Ban on DJI Drones in the US

The United States International Trade Commission announced on Aug. 21 that it will not enforce an injunction on DJI’s products in the US after its decisions regarding investigations into the alleged violations of Section 377.

Tencent-backed Real Estate Service Platform Operator Ke Holdings Targets $1B US Listing on July 24

China’s housing rental transaction service platform operator Ke Holdings has filed a preliminary prospectus for a U.S. initial public offering on July 24, aiming to be listed on the New York Stock Exchange (NYSE) under the symbol “BEKE”.

Luckin Coffee Shares Plunge After It Resumes Trading on Nasdaq

Luckin Coffee shares took a 36% dive on Wednesday after the company resumed trading on Nasdaq, following a delisting notice from the exchange on grounds of financial fraud.

Player Spending in Overseas Markets Powers 37 Interactive Entertainment’s Q1 Growth

37 Interactive Entertainment reported a steady increase in revenues and surging profits in the first quarter of 2020 as the company pivots more to markets outside China.

Pinduoduo Reports 4Q and Full Year Results With Positive Long Term Outlook

On March 11, China's third largest e-commerce company, Shanghai-based Pinduoduo reported their fourth quarter results for the year 2019.

TikTok Appoints Renowned Industry Expert as Chief Information Security Officer

The ByteDance-owned short video app TikTok announced the appointment of Roland Cloutier, a renowned cybersecurity expert, as the company’s as CISO.

HNA Group Could be Forced to Sell Airline Assets Due to COVID-19 Impact

On February 19, Bloomberg reported that China is considering taking control some of HNA Group’s airlines that have been unable to meet financial obligations.

Baofeng Group Executives Resign after CEO is Arrested

Baofeng Group is requested to appoint relevant senior management personnel as soon as possible to ensure the stable operation and the timely performance of information disclosure obligations.

Chinese Biopharma Startup I-Mab Plans Nasdaq IPO

I-Mab, a Shanghai-based developer of biologic treatments for cancers and autoimmune disorders, has filed for an IPO on the Nasdaq under the symbol “IMAB”.

Save the Date for a One-week Immersion into China’s Tech Scene – September 22 – 28th, 2019

DecodeChina is an exclusive opportunity for globally-minded, tech-obsessed professionals to dive into China’s tech scene through company and start-up visits, courses and workshops, networking events, and much more!

Suning.com Corporation Acquires Carrefour

On June 23, Suning.com Corporation announced that its subsidiary Suning International purchased an 80 percent stake in Carrefour China.

Huawei TV to Launch in April, Targeting 10 Million Annual Sales

On March 20th, a top executive from a supply chain of Huawei TV revealed to a reporter from Jiemian News that the Huawei TV will be released next month.

Facebook Releases List of Top 50 Chinese Brands with Great Global Influences

The third annual Facebook Overseas Marketing Summit was held in Shanghai on Sept. 12. At the event with the theme “created by you, loved by the world”, Facebook jointly released with KPMG a list of top 50 Chinese brands ranked by global influence.

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