Beefed up distribution might help white goods purveyor compete
Investors expect action but intervention risks intensifying problems, analysts say
Union between Dentons and Dacheng highlights challenges of doing business in China
Shanghai Composite down more than 8% in worst one-day drop since 2007
China-focused venture firm GSR Capital has launched a new mergers and acquisitions (M&A) fund with a capital raising target of US$5 billion, according to a company announcement. The fund has already secured US$1 billion commitments from GSR GO Scale Capital Limited Partners and other unnamed institutional investors. It aims to make international investments in clean […]
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Italian luxury fashion brand Antonia has signed a franchise agreement with Canudilo Group for Chinese market expansion. According to Lin Yongfei, chairman of China's Canudilo Group, Canudilo Group plans to open five Antonia stores in…
Beijing-based Duzhoumo, an online and mobile platform focused on weekend travel services, has completed US$20 million series A financing led by Legend Capital, according to Chinese media reports. Banyan Capital, eGarden Ventures, and Jason Jiang, founder of Focus Media Holding, also participated in the round. Duzhoumo's website and mobile app provide hotel, transportation booking, as […]
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.
Shenyang, Liaoning province-based Chinese bio-pharmaceutical firm 3SBio Inc., backed by CITIC Private Equity Funds Management Co. (CITIC PE), has acquired small molecule manufacturing firm Zhejiang Wansheng Pharmaceutical Co., Ltd. for RMB528 million (US$85 million), according to a company announcement. The company just completed an initial public offering in Hong Kong, raising net proceeds of HK$4.17 […]
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.
Chinese telecom device maker Huawei confirmed that the company has gained a key approval related to mobile phone manufacturing from the Indian government which lays a foundation for the company's mobile phone production in the…
China Internet Network Information Center's latest Internet statistics showcase the breadth of the country's online population. Its recently published 36th Statistical Report on Internet Development in China states that by June 2015, China had 668 million netizens, representing an increase of 18.94 million netizens over the past six months. At the same time, China's Internet […]