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

Request for WTO talks over government-backed industrial clusters

Chinese e-commerce giant Alibaba Group Holdings is poised to lead a US$60 million series D financing in Mountain View, California-headquartered app search engine Quixey, Inc., according to media reports. The round reportedly increases the start-up's value to US$600 million. Twitter, SoftBank Corp, an investment platform controlled by legendary investor George Soros, Goldman Sachs and GGV […]

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Though acts of terror can inflict terrible damage, they cannot destroy an open society. Only those who govern the world's democracies can do that, by shrinking their citizens' freedoms in freedom's name.

Central bank in uncharted territory as capital flows shift

Ant Financial Services Group, the financial services arm of Chinese e-commerce giant Alibaba Group Holding, is reportedly planning to acquire a 30% stake in Shanghai-based Chinese asset management firm, Tebon Fund Management Co., Ltd. Ant Financial has the right to increase its stake to 60% at a future date, but the transaction is still under […]

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Global private equity firm Warburg Pincus has fully exited Shanghai-headquartered outdoor advertising firm Tulip Media Corporation via a strategic transaction as Shenzhen-listed Shanghai New Culture Media Group has acquired 100% of Tulip, according to a security filing. During the transaction, Warburg Pincus has sold its 19.14% stake, or 32 million shares, for RMB230 million (US$37 […]

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China has been left counting the cost of political and fiscal disarray across the globe

China has been left counting the cost of political and fiscal disarray across the globe

Beijing-based new media company Phoenix New Media Limited has agreed to acquire a 21% stake in news mobile app maker Particle Inc. for US$30 million, according to a company announcement. In addition, Phoenix also entered into a definitive share purchase agreement with certain undisclosed existing shareholders of Particle to acquire an additional 13.8% stake for […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Foreign direct investment across continent at record high in 2014

China Mobile and Chinese search engine Baidu reached a deal to jointly build a new-generation mobile Internet cloud computing center. The center is named Baidu Yizhuang New-generation Search Data Center (first phase) and financial terms of the deal were not released.. According to China Mobile, this will become the industry's first large-scale cloud computing center […]

US defence contractors and banks among victims

In recent years, it has become fashionable to claim that challenges like Russian aggression and violent extremism signify that the international system is somehow unraveling. But all the evidence points to the opposite conclusion: the future still belo…