Companies
Samsonite hopes to bag a bigger share of the China market2017-02-23
Samsonite International SA, the world's largest branded-luggage maker by market share, is pinning its hopes on e-commerce and social media to fuel growth and make China its biggest market within five years.
S.Korea's Kakao Pay wins 200-million-dollar investment from Alibaba affiliate2017-02-23
Kakao Pay, a mobile payment services unit of South Korea's messaging platform giant Kakao, has won an investment of 200 million U.S. dollars from Ant Financial Services Group, the mobile payment affiliate of Alibaba Group.
JD.com to build world's first drone delivery network2017-02-23
E-commerce giant JD.com has teamed up with the government of northwest China's Shaanxi Province to build the world's first drone delivery network.
Walmart to open about 40 new outlets in China2017-02-23
Walmart will open up to 40 new branches in China this year, while upgrading 50 outlets and improving stocking and logistics, the company announced Wednesday.
China's bicyle-sharing firm gets tech upgrade2017-02-23
China's bicyle-sharing start-up ofo on Wednesday partnered with two Chinese telecom companies -- Huawei and China Telecom to improve its connectivity.
Missile firm targets overseas growth2017-02-22
China Aerospace Science and Industry Corp, the country's largest missile maker, will step up global expansion this year, as it aims to quintuple the number of foreign enterprises registered on its industrial internet platform.
China's Ant Financial to invest $200m in Korea's Kakao Pay2017-02-21
China's Ant Financial will invest $200 million in Kakao Pay, the mobile payment subsidiary of South Korean messaging platform giant Kakao Corp, the two firms said in a joint statement on Tuesday.
Xiaomi needs to take its customers more seriously2017-02-21
A recent news report on the battery fire of a Xiaomi smartphone caught my attention, because, as one among the millions of Xiaomi users, I should have concerns about my own safety.
Foxconn chief casts doubt on plans to shift jobs back to US2017-02-21
Some US manufacturers may encounter difficulties if they plan to take their operations back to their home country, Terry Gou, CEO and chairman of Foxconn Technology Group, the world's largest contract consumer electronics maker, warned on Monday.
Bailian eyes new era in shopping2017-02-21
Shanghai retail conglomerate Bailian Group is pinning its hopes on a partnership with e-commerce giant Alibaba Group Holding Ltd to reshape the city's shopping landscape.
Alibaba partners with Shanghai retail conglomerate Bailian Group2017-02-21
China's leading e-commerce firm Alibaba and Shanghai-based retail conglomerate Bailian Group announced a strategic alliance Monday to push forward partnership in "New Retail" formats.
Hong Kong Disneyland records loss for second year2017-02-21
Hong Kong Disneyland (HKDL) has reported a net loss of 171 million Hong Kong dollars (22.03 million U.S. dollars) for 2016 fiscal year, a second loss following the 2015 fiscal year, due to the slower Hong Kong tourism market.
Mobike pumped up with investment from Temasek2017-02-21
Chinese bike-sharing startup Mobike announced on Monday it has received a strategic investment injection from Singaporean company Temasek Holdings, as it is locked in a fierce battle with Ofo for dominance in China.
320副本.jpg HNA buys stake in Deutsche Bank2017-02-21
Chinese conglomerate HNA Group is seeking to expand its finance business and further diversify its operation structure after taking a stake in Deutsche Bank, the first Chinese investor to take a major stake in the bank.
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