Solar energy group’s shares remain suspended amid probe
Sequoia Capital and Fosun International Limited are backing a management-led go-private deal for NASDAQ-listed Bona Film Group Limited. The deal values the company at US$832 million, according to a company announcement. The two investors and Bona Film's CEO and chairman Yu Dong propose to acquire the shares they do not already own for US$13.7 per […]
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Explosives seized just days before crucial political reform vote
Beijing-based children piano lesson franchise Xingkong has completed US$20 million series C round of financing led by Vision Knight Capital, according to a company announcement. Existing investors Shunwei Capital and Bluerun Ventures also participated. Founded in 2012, Xingkong received an undisclosed series A round from Shunwei Capital in 2013, and an undisclosed series B round […]
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The currency’s rise could be a force for change, writes Eswar Prasad
Chinese search engine company Baidu announced that they will acquire a controlling stake in popIn, a native advertising company in Japan. According to the terms of the transaction, popIn's existing management team will be able to independently operate its businesses within the enterprise architecture of Baidu. On the completion of the acquisition, Baidu's advertising platform […]
Dell's Alienware has opened its 100th Chinese specialty retail outlet in Ningbo, Zhejiang. With a total area of 82 square meters, the new Alienware base will allow consumers to experience Alienware's hot products such as Area51, Alpha, and new products like Alienware 13/15/17. At the same time, the store designed several special zones, including a […]