On September 6, Keep, a Beijing-based sports tech firm, updated its prospectus on the Hong Kong Stock Exchange (HKEx).
Sports technology company Keep submitted its application on February 25 for a public listing in Hong Kong, with Goldman Sachs and CICC serving as co-sponsors.
Chinese fitness technology company Keep has recently carried out a large-scale organizational restructuring to improve efficiency.
On Tuesday, the Shanghai Consumers Council issued a report about its investigation into the renewal deduction time of 12 apps.
Chinese social platform Soul and fitness app Keep are considering an IPO in Hong Kong, several media outlets reported on Wednesday. Previously, both companies suspended their plans to list in the U.S.
A number of Chinese companies have reportedly cancelled IPO plans in the U.S., in fear of national security review from the authority.
The valuation of China’s most popular fitness app Keep has risen to about $2 billion following a $360 million funding round, according to Chinese tech news site 36Kr.
This past week saw Keep, China’s answer to Nike’s Training Club, officially become the first unicorn in the world of fitness tech.
Chinese mobile fitness community Keep announced that it had completed an $80 million E-round of financing earlier this year, and thus became the first fitness tech company to achieve unicorn status.
On October 24, the company behind the fitness app Keep started a big round of layoffs, according to 36Kr.
Internet fitness company Keep Inc. raised the single largest fundraising round in the world’s Internet fitness industry, with Goldman Sachs leading the $127 million investment in their Series D round on July 10.
TSMC (Taiwan Semiconductor Manufacturing Company) issued a press release that Morris Chang, the chairman and founder of the company, would retire in June next year. At that time, the world’s largest chip foundry company will practice a dual-head system with Dr. Mark Liu as chairman and Dr. CC Wei as the president. Breaking tradition, Chang […]
On the theft case a Hangzhou landlord encountered which was reported by media, Mayi.com said in a statement that, in July, after receiving the landlord feedback, it set up a working group on track. At present, the case is still under investigation and Mayi.com will continue to cooperate with public security for investigation. Some media […]
In October, 2014, Costco opened up an overseas flagship store on TMall International to give e-commerce in China a shot. On January 23rd, 2016, Costco opened a franchised store in Wuhan to give offline retail a try. On September 8th, 2017, Costco announced the opening of its first store in Shanghai, and confirmed the store […]
With the buzzword “Sharing Economy” spreading like wildfire recently, some folks online started joking about having sharable girlfriends next. Taqu (Touch), a popular Chinese adult product m-commerce and socializing app that just went listed on NEEQ (National Equities Exchange and Quotations), recently launched a service for delivering “shared girlfriends”. However, the service isn’t delivering actual […]
Can battle-tested and awe-inspiring Amazon and Jeff Bezos beat Alibaba and Jack Ma? A “historical” turning point is seemingly at hand: Alibaba could soon top Amazon in market value. On August 24, by the time the stock market closed, Alibaba’s market value was $445.5 billion, only a limit up away from Amazon’s $455.2 billion. Since […]
After nearly three decades of fighting, the competition between KFC and McDonalds in China is likely to heat up, because of its newly gotten “Chinese” identity. On November 1, 2016, KFC’s parent company Yum! Brands spun off a new company – Yum! China, and was listed on the New York Stock Exchange. Its core business […]
On August 13, Keep, China’s sports APP, announced that the number of registered users broke 100 million, which marked that Keep had become a member of mobile Internet club with more than 100 million users. It also marked the birth of China’s first sports App that had more than 100 million subscribers, and became China’s […]
Huawei and Tencent in standoff over user data triggers discussion on the definition of user authorization and data security. On August 15, Ding Ke, vice president of Tencent, responded to the Beijing News about the above questions for the first time. He said that Tencent held an internal meeting with Huawei executives on Friday, which […]
Rap Battles! Young folks showing others how it’s done If you’re looking for how freestyling is done, your best bet is by watching the TV series, the Rap of China. The iQiyi produced network variety show not only went viral on WeChat and Weibo, it even became the new hot topic among those in the […]