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

According to Suning's financial report for the third quarter of 2020, from January to September 2020, the commodity trade scale on the open platform of Suning.com increased by 56.83% year-on-year, the ratio of non-electrical goods merchants increased t…

People Data (National Big Data Disaster Recovery Center) and Qixin.com jointly announced the formal establishment of People Data Financial Data Center, and the two parties will form a technology and product partnership. It is said that People Data Fina…

China’s venture capital market has hit a new historical high with an aggregated of 268 financial deals worth a total value of US$10.12 billion were recorded in November 2020, from US$8.1 billion in November, according to China Money Network’s China VC …

CDH Mezzanine Fund raised RMB1.5 billion yuan in the first closing CDH Mezzanine Fund announced the completion of the first round of fundraising of its data center industry investment funds, with a target size of RMB2 billion yuan and an initial subscr…

Alibaba suspended its acquisition of iQiyi, a long video platform and a subsidiary of Baidu, due to the lack of agreement on valuation. Tencent, which has been holding separate talks with Baidu, is also putting the plan on hold. It is said that ByteDan…

Royole Technology, a maker of flexible screens, is aiming for an initial public offering on the Science and Technology Innovation Board in China and submit a listing application as soon as December. The valuation may exceed US$8 billion, according to m…