China Business Blog - Aggregated China Business Blogs
Aggregated China Business Blogs

Chinese state media accusations against Google and other internet companies coincide with the anniversary of the Tiananmen Square massacre

Beijing-based Chinese venture capital firm Shunwei Capital Partners has raised US$525 million in two new venture funds, above its original target of US$500 million, according to a person with direct knowledge of the matter. Founded in 2011 by Chinese smartphone maker Xiaomi Corporation's founder Lei Jun and veteran investment manager Tuck Lye Koh, Shunwei is […]

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Beijing-based cross-platform file sharing and transfer app maker Zapya has raised US$20 million in series B financing led by IDG Capital Partners, according to Chinese media reports. The company received several million U.S. dollar series A funding from Northern Light Venture Capital and Innovation Works in 2013. Launched in 2012, Zapya has monthly active users […]

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Shanghai-based online pharmacy platform J1.com has received US$50 million series A financing from Shanghai International Group Venture Capital Co., Ltd. (SIGVC), J1.com's official Weibo account confirms. Founded in 2010, J1.com is owned and operates under state-owned conglomerate China Resources (Holdings) Co.,Ltd. The round is claimed to be the first equity financing raised by a domestic […]

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Stories of violent conflict fill today’s headlines, making its gruesome immediacy all too apparent. But, while commentators debate geostrategic considerations, deterrence, ethnic strife, and the plight of ordinary people caught in the middle, dispassionate discussion of the economic costs of violence are rare.

Former partner of Asian fund-of-funds manager FLAG Squadron Asia, David Pierce, has joined German family office HQ Capital as a managing director and head of Asia, according to Pierce's LinkedIn profiles. (Click here to listen, watch and read David Pierce's appearance as a guest on our weekly China Money Podcast in October 2012.) HQ Capital […]

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An international court orders China to respond to an arbitration case brought by the Philippines over Beijing’s claim to most of the South China Sea

Despite growing market concerns, China does not have significant over investment in its urban residential property sector, and it will not have a big housing crash, a financial meltdown, or an economic hard-landing, says BofA Merrill Lynch Global Research in a report. Slumping real estate indicators, such as home sales and new home starts, have […]

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China-focused venture capital firm IDG Capital Partners says it has closed a US$586 million new venture fund focused on making early stage technology, media and telecom (TMT) investments in China, according to a company announcement. The new fund, named IDG China Venture Capital Fund IV, adds to the firm's existing US$2.5 billion of assets under […]

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Washington accused of abusing trade rules and ignoring facts after US unveils plans for fresh import duties of up to 35.2% on Chinese solar panels

China Unicom will no longer invest resources in its 2G network, according to an executive from China Unicom Guangdong's branch. The company will still make necessary optimizations and adjustments to the network, but the unnamed executive quoted in local media said this year will see no more new cash infusions into new 2G services. Prior […]

Dicos, a China-based Western-style fast food restaurant chain, announced that the company will open franchising rights to employees. According to Dicos, any restaurant manager who works for Dicos for at least one year and has CNY100,000 in franchise funding can participate in this program. Dicos will provide complete training and guidance to those participants to […]

Chinese e-commerce group Alibaba has established a new customer service unit and appointed Dai Shan as chief customer service officer. Alibaba reportedly has 2,241 customer service employees working for Taobao.com, Tmall.com, the B2B business, and Aliyun. The company provides various customer safeguard services such as advanced compensation, 7-day no-fault returns and exchange goods, three times […]