Parent company of Sina Weibo, China’s largest microblog, comes under pressure from government regulators over pornographic content
The founders of Chinese Internet giant Alibaba Group Holding Ltd. have established a US$3 billion charitable trust to help improve China's environment, according to Alibaba's official Sina Weibo account. The trust will be founded by stock options owned by Jack Ma, Alibaba's founder and executive chair, and Alibaba co-founder Joe Tsai. The combined stock options […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Beijing-based Chinese online personal finance platform Wanglibao.com Inc. has received US$10 million series A financing from IDG Capital, according to information posted on Wanglibao's website. The investment was made in February. Founded in 2014, Wanglibao.com provides customized personal finance services. Individual investors can purchase wealth management products, trust products and mutual funds on its online […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
China's Alibaba Group's Tmall, JD.com and Chinese smartphone maker Xiaomi are the country's top three B2C e-commerce platforms, according to a new ranking released by China Chain Store & Franchise Association. Tmall reached total sales of RMB220 billion (US$35 billion) in 2013, 10% higher than its sales in 2012. Competing e-commerce firm JD.com recorded sales […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
Whatever the past frustrations (and possibly even bigger disappointments yet to come) in the search for MH370, the bigger and much more significant story of the search is what has gone right. The search has powerfully demonstrated how response to human…
After three years of struggle, the transitions initiated by the Arab Spring uprisings have only just begun. Whether Arab countries succeed in advancing pluralism and democracy depends on which of three models they use to guide their transitions.
The National Front, the only French party to present a coherent, united, and purely negative position on Europe, is predicted by many public opinion polls to win next month’s European Parliament election. If it does, partly leader Marine Le Pen will have her mainstream opponents' infighting to thank.
Despite a greater concentration of capital being raised among larger private real estate funds in recent years, smaller funds have often outperformed larger funds, according to a report by research firm Preqin. Global private real estate funds with less than US$500 million that began investing between 2005 and 2011 have posted median returns of 5.9%, […]
Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
By the end of March 2014, China had built over 250,000 4G base stations, representing a solid step for 4G development in the country. Commenting on 4G wireless development, Liu Jie, deputy director of the Bureau of Telecommunication Administration at the Ministry of Industry and Information Technology, said that with the rapid development of mobile […]
Worldpay has opened its first China sales office in Shanghai to service the increasing global ambitions of Chinese businesses who have global e-commerce payment needs. The Shanghai office will offer all of Worldpay's e-commerce customer-facing functions, including relationship management and corporate support. The company says it has been helping international businesses successfully reach Chinese consumers […]