China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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1,796 articles matching the search query.
Alibaba-backed China AI company Megvii counts losses ahead of IPO
Startup seeks almost $1bn on Shanghai's STAR Market after ending Hong Kong plan
March 15, 2021 Source: Nikkei Asia
WSJ News Exclusive | Beijing Asks Alibaba to Shed Its Media Assets
China’s government has asked Alibaba Group to dispose of its media assets, as officials grow more concerned about the technology giant’s sway over public opinion in the country.
March 15, 2021 Source: WSJ
Alibaba-Backed AI Startup Megvii Files for IPO in Shanghai
Megvii Technology Ltd. is poised to become the first major Chinese artificial intelligence startup to go public after it filed for a Chinese Depositary Receipt offering on Shanghai’s Star board on Friday.
March 12, 2021 Source: Bloomberg
China’s Baidu Aims to Raise $3 Billion in Hong Kong Share Sale
The operator of China’s largest search engine intends to sell 95 million new shares, planning to list on the Hong Kong stock exchange on March 23.
March 11, 2021 Source: WSJ
China’s Jaded Techies Find a Hero in Elon Musk
The Tesla boss and digital prankster is striking a chord, at a time of disillusionment with the tech industry and its leading tycoons.
March 11, 2021 Source: The New York Times
China Lays Plans to Tame Tech Giant Alibaba
The e-commerce company is likely to face softer treatment than its Ant affiliate, provided it distances itself from founder Jack Ma and aligns itself more closely with the Communist Party.
March 11, 2021 Source: WSJ
From Crypto to Offshore Accounts: Tactics Used to Get Cash Out of China
Finding a way around the rules is something of a national pastime.
March 10, 2021 Source: Bloomberg
Gap Said to Weigh Sale of China Business as Sales Lag Behind
Gap Inc. is weighing options including a potential sale for its China business, according to people with knowledge of the matter, as the U.S. clothing retailer looks to revamp its operations in the world’s second-largest economy.
March 8, 2021 Source: Bloomberg
Alibaba buys Bangladesh food delivery service HungryNaki | KrASIA
Alibaba Group Holding has reached a deal that is to be announced Thursday under which it will buy a leading Bangladeshi online meal delivery service in one of its first international forays in the fast-growing sector.Alibaba took full control of Ele.me, China's second-largest food delivery service, in 2018.
March 4, 2021 Source: KrASIA
Alibaba halves startup investment as Beijing steps up scrutiny | KrASIA
Antitrust accusations threaten strategy of snapping up promising new companies.
March 2, 2021 Source: KrASIA
Ant Group says it will help employees monetize shares and commits to listing after canceled IPO
Eric Jing, executive chairman of Ant Group, said the company will find a "short-term liquidity solution" for employees and committed to an IPO.
March 2, 2021 Source: CNBC
Jack Ma loses title as China's richest man after coming under Beijing's scrutiny
Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators.
March 2, 2021 Source: U.S.
China Deploys Covid-19 Vaccine to Build Influence, With U.S. on Sidelines
Beijing and its companies are assembling a chain of airplanes, warehouses and trucks to deliver refrigerated doses to the developing world, the latest link in its push to build global influence; “knight in shining armor.”
February 21, 2021 Source: WSJ
China’s Weibo Said to Plan Second Listing in Hong Kong
Weibo Corp., China’s largest micro-blogging service, is planning a second listing in Hong Kong as soon as this year, people familiar with the matter said, joining a growing cohort of U.S.-traded Chinese firms in seeking a trading foothold in the financial hub.
February 18, 2021 Source: Bloomberg
Sequoia-Backed Grocery App Dingdong Maicai Said to Mull U.S. IPO
Chinese grocery app Dingdong Maicai is considering an initial public offering in the U.S. as soon as this year to bankroll its expansion in the competitive fresh food delivery market, according to people familiar with the matter.
February 18, 2021 Source: Bloomberg
E-Commerce Platform Dmall Is Said to Plan U.S. IPO This Year
Beijing DMall E-commerce Co., an online retail service provider backed by Chinese supermarket Wumart Group, is planning an initial public offering in the U.S., according to people familiar with the matter.
February 17, 2021 Source: Bloomberg
Jack Ma spotted playing golf, easing China detention fears, Companies
Companies & Markets News -For months, speculation over the embattled billionaire's whereabouts has run rampant. . Read more at straitstimes.com.
February 10, 2021 Source: The Straits Times
China plans to hand out $1.5 million in a digital currency test during the Lunar New Year
Beijing city announced it will pick some people to receive about $30 each in the central bank's digital currency to spend selectively on JD.com and offline.
February 8, 2021 Source: CNBC
Goldman-Backed China Startup Wants to Be Starbucks of Car Repair
Car repair can be challenging in China, rife with the potential for disputes over the quality of service and parts and dominated by mom-and-pop stores. But the auto after-market industry is changing as vehicles age and owners become more exacting, creating a giant opportunity for companies trying to raise the bar using technology.
February 3, 2021 Source: Bloomberg
Groceries Help Meituan Grow Into One of China’s Biggest Tech Companies
It has quickly become the country’s third-most-valuable internet company, with a market value of more than $300 billion.
February 3, 2021 Source: WSJ