Chinese largest ride sharing company Didi Chuxing is close to raise a new funding round worth between US$5 billion to …
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Clampdown on shadow banking practices pushes up borrowing costs
China’s fixed-line broadband and mobile broadband penetration rate is expected to reach 63% and 75% respectively by the end of …
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One of world’s top sources of the fuel introduces controls to keep lights on
The operators of Yu’eBao, a fund management service for individual investors owned by Alibaba Group's Alipay, has become the first …
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Chinese technology giant Huawei Technologies Co. has overtaken Guangdong Oppo Mobile Communications Co. to reclaim the title of China’s best-selling …
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The mystery over the status of Wu Xiaohui, chairman of Chinese insurance firm Anbang Insurance Group, deepened today as the …
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China's HNA Group has struck again, acquiring a 16.79% stake in Dufry AG, a Swiss airport duty free shop operator. …
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Move follows similar steel action as Trump administration cracks down on trade deals
Chairman of Chinese insurance firm Anbang Insurance Group, Wu Xiaohui, who was the husband of the granddaughter of Deng Xiaoping, …
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American video website Netflix has reached a content licensing agreement with the Chinese video website Iqiyi.com. Netflix is an American …
Chinese electronics and home appliances retailer Gome achieved operating revenue of CNY76.695 billion, a year-on-year increase of 18.73%, during 2016. But its profit was CNY325 million, a year-on-year decrease of 73% from CNY1.208 billion in…
Tencent has made a USD143 million strategic investment in the Chinese leading gaming company Seasun. On the completion of the …
Baidu has launched a new project named "Apollo", which will provide an open, complete, and secure software platform to its …
Alibaba Group's Ant Financial has implemented a merger with helloPay, the online payment platform of the Southeast Asia e-commerce site …
Growth sparks pollution rise after years of improved air quality and falling coal use
Group known as Conference Crew targets data hoards on country’s periphery
Swedish start-up company Wheelys recently opened an unmanned convenience store which is controlled by app in Shanghai. This prototype convenience store will run around-the-clock. The Wheelys brand was established in 2014 and the company started…