Companies
Alibaba's delivery arm opens smart warehouses for shopping bonanza2017-10-18
Chinese e-commerce giant Alibaba's delivery arm Cainiao Network on Tuesday unveiled a flagship automated warehouse in Huiyang District in south China's Guangdong Province.
China Great Wall Asset Management shortlisting investors in IPO push2017-10-16
China Great Wall Asset Management Corporation, one of the country's biggest distressed debt managers, said it is making a shortlist of strategic investors in preparation for an initial public offering (IPO).
China's top liquor brand signs MoU with San Francisco2017-10-16
China's top alcohol brand Kweichow Moutai signed Saturday a Memorandum of Understanding (MoU) with a visiting San Francisco government delegation in a bid to promote bilateral cooperation in trade, investment, culture and tourism.
Qihoo 360 sets up subsidiary in Xiongan New Area2017-10-13
Qihoo 360 Technology Co Ltd has completed its registration in China's Xiongan New Area to set up a subsidiary, becoming the first cybersecurity company to set its footprint in this new economic area, according to a report by Shanghai Securities News on Friday.
Lotte to sell its mainland supermarkets by year-end2017-10-13
South Korean conglomerate Lotte Group said on Thursday that it expects to sell its Lotte Mart stores in China by the end of this year.
Tencent expands insurance footprint2017-10-13
Chinese internet giant Tencent Holdings has expanded its range of insurance offerings after an insurance agency backed by it got the necessary approval.
Russia firm plans China cargo boost2017-10-12
PJCS TransContainer, Russia's biggest container operator, has announced a plan to expand its China business in response to the soaring cargo transit demand between China and Europe under the Belt and Road Initiative.
Huawei wins a victory in Samsung patent dispute2017-10-12
Huawei Technologies Co Ltd has scored a point in its patent dispute in China with its rival Samsung Electronics Co Ltd, which may weigh down on the South Korean company's business in the world's largest smartphone market, experts said.
Alibaba establishes DAMO Academy for cutting-edge technology development2017-10-12
The Alibaba Group announced Wednesday it will set up a new research institute and invest over 100 billion yuan (about 15 billion U.S. dollars) over the next three years in advanced technology development.
Chinese courier companies raise prices ahead of "shopping festival"2017-10-12
Two major Chinese courier companies announced price rises on Tuesday and Wednesday ahead of Nov. 11, which is expected to be China's largest ever online shopping festival.
未命名_副本.jpg Zhongtong, Yunda raise delivery fees2017-10-12
Just one month before China's online version of Black Friday, leading Chinese delivery firms Zhongtong Express and Yunda Express have both announced plans to raise delivery fees amid pressure from rising operational costs.
Alibaba to launch global research academy2017-10-12
Alibaba Group Holding Ltd announced on Wednesday the launch of a global research academy that it hopes will join the ranks of, and potentially outrival, Bell Labs and Microsoft Research.
TransContainer establishes affiliated company in Shanghai2017-10-11
TransContainer, the biggest container operator inRussia, set up a branch company in Shanghai Tuesday, to cater for business in the logistic center under the Belt and Road Initiative.
Alibaba tops Amazon as biggest e-commerce company2017-10-11
Chinese e-commerce giant Alibaba surpassed its U.S. counterpart Amazon as the world's biggest e-commerce company Tuesday as the Hangzhou-based company reached the threshold of 470 billion U.S. dollars in market value.
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