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

Beijing-based online group-buying service provider LaShou.com has received an undisclosed amount of series D financing from Milestone Capital and GSR Ventures, according to Chinese news report. Both investors participated in the company's US$111 million series C financing in 2011. LaShou.com received US$10 million series A financing from Taishan Invest AG and GSR Ventures in 2010. […]

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Hong Kong-listed Chinese water treatment facility operator Kangda International Environmental Company has acquired a 90% stake in four Chinese sewage treatment plants for US$47 million, according to a company announcement. Kangda International is backed by Baring Private Equity Asia, which acquired a 30% stake in Kangda in 2012 for US$95 million. Kangda acquired shares from […]

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.

The West's sanctions on Russia are already having a powerful effect, and the expectation that they will be tightened further is a huge concern for investors and the Russian government. And, though some Russians dream of autarky, the need to maintain living standards – the foundation of Putin’s domestic support – rules it out.

In the months and years preceding August 1914, the global economy performed relatively well: world trade expanded, financial markets seemed healthy, and the business community shrugged off political problems as either temporary or irrelevant. Is today'…

American cosmetics company Avon published its financial report for the second quarter of 2014 and stated the closure of some of its retail stores caused the company's sales in China to decline by 30%. Meanwhile, the company's global performance was not so optimistic either. During the second quarter of 2014, Avon's operating revenue decreased by […]

When Chinese competition threatened to put a manufacturing industry out of business, one man refused to accept defeat

Yongche.com, a Chinese rental car company, will cooperate with search engine Baidu.com to launch a business car hire service. With this move, Baidu follows fellow Internet companies Alibaba and Tencent into the rental car business. The new business car hire service app will be based on Baidu maps and an Android version will be released […]