Shanghai-based food delivery app Yes, I Deliver has received RMB80 million (US$13 million) series A funding led by Xiaomi Inc., Shenzhen Capital Group Co., Ltd. (SCGC) and Hu Zeming, founder of Chinese mobile Internet firm 91.com, according to Chinese media reports. Founded in December 2013, Yes, I Deliver received undisclosed angel investment in March this […]

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.

China should look to foreign leaders for examples of how to be appealing

Only eight mainland Chinese managers were ranked among the world's largest 500 fund managers in terms of assets under management in 2013, a significant decline from 25 the previous year, according to a joint survey conducted by Pensions & Investments and Towers Watson. Of the eight mainland China managers, only China Asset Management with assets […]

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.

As Europe celebrates the 25th anniversary of the fall of the Berlin Wall, dark clouds are again descending on the continent. Recalling what prompted the events of 1989, and focusing on the main source of regional tension today, may help Europe find a w…

Chinese aircraft project to use structural aluminium instead of composite materials

J-31 targeted at breaking foreign ‘monopoly’ on new-generation jet aircraft

Alibaba says it reached a new milestone in the amount of goods sold in a single day on its websites. The company hit USD1 billion in gross merchandise volume at 12:17 A.M. this morning. About 48% of all transactions took place via smartphones and other mobile devices. Alibaba Group is rolling out the sale worldwide […]

China's biggest e-commerce company claims more than USD1 billion worth of goods were sold over its sites within the first 20 minutes of this year's 11.11 Shopping Festival. Alibaba says it hit USD1 billion in gross merchandise volume at 12:17 A.M. this morning. As impressive was news that nearly half of all transactions took place […]

Chinese Internet giant Tencent Holdings Limited has participated in a venture round for Tucson, Arizona-based near space travel World View Enterprises, Inc., a representative of World View confirms to China Money Network. No other details of the investment were disclosed. The company has raised enough funding for the next phase of research, development and testing, […]

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.

Deal cutting tariffs in hundreds of product categories ends 18-month stand-off

Singapore, November 11, 2014 /ChinaNewswire.com – Xinwengao.com/ – The Towards 5G: LTE Plus – Internet of Everything Global Summit 2014 will kick off in Taipei from 12-13 November 2014. Co-organized with ITRI & III, Ministry of Economic Affairs, this premier thought leadership event for the telecom sector, will convene all operators and mobile networks providers, … >>>

This press release has been syndicated from China Newswire – Social Media Content Marketing Press Releases For China

Meeting between Xi Jinping and Shinzo Abe must mark a fresh start

Lianhua Supermarket Holdings Company Ltd. says that by September 30, 2014, the group achieved unaudited operating revenue of about CNY24.168 billion; its operating costs were about CNY19.217 billion; and its net profit attributable to shareholders was about CNY51.164 million. During the reporting period, Lianhua Supermarket's unaudited asset scale in China was about CNY18.742 billion. Lianhua […]

Helicopter cash is seen as risky but QE is at least as fraught, writes Adair Turner

While Japanese media gave the historic meeting prominence, Chinese TV played it down