By gaining a foothold in the Middle East, Vladimir Putin hopes to revive Russia’s long-faded image as a world power, restore its status as America’s main geopolitical foil, and gain bargaining chips with which to promote his more immediate concerns in Russia’s near-abroad. But Russia’s position in the region remains fragile.
2016-10-05
Chinese Internet third-party payment service provider Alipay announced that they had reached cooperation with an additional ten overseas airports. Those …
2016-10-05
Shanghai-based logistics company ZTO Express, backed by Sequoia Capital and Warburg Pincus, has filed for a U.S. initial public offering, seeking to raise between US$1.5 billion. The company plans to list on the New York Stock Exchange under the symbol ZTO, in what would be the first Chinese courier service provider to list in the […]
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2016-10-05
Blizzard Entertainment and NetEase jointly announced that the two parties will extend their existing online game cooperation in mainland China …
2016-10-05
Lu Qi, an executive vice president at Microsoft's Applications and Services Group, is to join China's Tencent Holdings Ltd. as Chinese technology companies continue to attract top-tier senior talent globally, Sina Technology reported citing insiders. Lu reportedly entered into a temporary leave last week because of health issues. He is still listed on Microsoft's official […]
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.
2016-10-05
MBK Partners and TPG have agreed to jointly acquire Hong Kong commercial telecom service provider Wharf T&T Ltd. from its parent the Wharf (Holdings) Ltd. for HK$9.5 billion (US$1.2 billion), the firms announced. As the owner of the Star Ferry, Harbour City and Times Square shopping centers in Hong Kong, the Wharf (Holdings) Ltd. started […]
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.
2016-10-05
Starbucks China plans to complete the establishment of its coffee delivery service within the 2017 financial year so consumers will be able to enjoy delivered Starbucks coffee within 20 minutes of an order placement. Starbucks…
2016-10-05
Ukraine’s immediate economic crisis has been resolved, but its economy remains fragile and needs international support from bodies such as the IMF, which approved a new disbursement for the country last month. Still, if Ukraine's new government becomes complacent, the country’s recent gains could be lost.