Midea Plans to Fully Acquire Equity of Germany's KUKA
On Tuesday night, Midea Group announced through the Shenzhen Stock Exchange that it plans to fully acquire the equity of KUKA Aktiengesellschaft ("KUKA" or "Kuka").
11/24/20213 min read
Tag: #*Midea
Showing 4 of 4 posts with this tag
Pinduoduo and Midea Group Reach Strategic Cooperation
On Thursday, Chinese e-commerce platform Pinduoduo and home appliance firm Midea Group reached a strategic cooperation with an annual scale exceeding 10 billion yuan ($1.6 billion).
1/21/20222 min read
Appliance Giant Midea Deepens Cooperation With Huawei, Reveals OpenHarmony 2.0-Based IoT System
Chinese household appliance manufacturer Midea Group held the 2021 Midea Intelligence Conference last Thursday, at which the firm unveiled its OpenHarmony 2.0-based Internet of Things (IoT) system.
10/19/20212 min read
Home Appliance Enterprise Midea Commences Layoffs in Non-Core Business
A rumor appeared recently that Midea Group, a home appliance enterprise, had begun mass internal layoffs. On May 19, Midea responded that this year, the company has decided to shrink its non-core business and suspend its non-operating investment.