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

Umbrella group’s shares have risen 40 times since February listing

Chinese conglomerate Dalian Wanda Group's commercial property crowdfunding platform has raised RMB5 billion (US$810 million) three days after its official launch on June 12, says a company announcement. The crowdfunding platform, named Stable Earner No.1, aims to use the proceeds to finance the construction of Wanda's shopping malls across China. On June 18, funds began […]

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Alibaba Group Holdings and Foxconn Technology Group have agreed to each invest 14.5 billion Japanese Yen (US$120 million) in SoftBank Corp's robotic subsidiary, according to a joint announcement. Upon completion of the deal, Alibaba and Foxconn will each hold 20% of SoftBank Robotics Holdings Corp, while parent SoftBank will own the other 60%. Alibaba and […]

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.

Country’s growing ranks of pet lovers say event feeds animal theft and cruelty

WoWo Limited has signed a merger agreement with Join Me Group (HK) Investment Company Limited to form a restaurant and hotel Internet group named JM WOWO, which is headquartered in Hong Kong. Under the agreement, WoWo will issue 741,422,780 ordinary shares and pay USD30 million in cash to JMU shareholders. In return, the company will […]

A unique conjuncture of economic and political developments has created an opportunity for Eurasia to emerge from its historical slumbers, with Russia and China leading the way. But whether their marriage of convenience will lead to an enduring union, or Russia’s subordination to China, remains to be seen.

Occupy threat may have faded but Beijing is taking no chances