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Tag | Business

Motorola Solutions Appoints New China President

29 September 2017

Lenovo's Motorola announced that the company has appointed Fu Lili, former acting president of Motorola Solutions China division, as new …

China's JD To Set Up Two JVs With Central Group In Thailand

25 September 2017

JD Group, JD Finance, Thailand's leading retailer Central Group, and Provident Capital together announced that they would set up two …

Finnish Department Store Introduces Alipay To Retail Customers

12 September 2017

Finland's department store Stockmann signed an agreement with ePassi, a mobile payment company in Finland, to formally introduce Alipay as …

MediaTek Takes Hit As Chinese Smartphones Migrate To Qualcomm

21 August 2017

The financial report from Taiwan-based semiconductor firm MediaTek for the second quarter of 2017 shows the company's net profit declined …

Didi, SoftBank Invest In Southeast Asia Ride-hailing Platform

27 July 2017

Southeast Asia's leading ride-hailing platform Grab announced the completion of its latest round financing of USD2.5 billion, including USD2 billion …

Nokia Helps Chinese Internet Companies Expand Overseas Business

18 July 2017

Nokia's chairman Risto Siilasmaa recently visited Chinese government officials and revealed that the company plans to set up a special …

Alipay Reaches U.S. Payments Deal

25 May 2017

Ant Financial's Alipay service has inked a deal with U.S. payment processing services provider First Data Corp to allow Alipay …

China Mobile Achieved CNY708.4 Billion Operating Revenue In 2016

20 April 2017

In 2016, China Mobile realized operating revenue of CNY708.4 billion, a year-on-year increase of 6%. Its earnings before interest, taxes, …

China Unicom Net Profit Down 94.1%

21 March 2017

China Unicom's operating revenue was CNY274.2 billion in 2016, a year-on-year decrease of 1%; and its net profit was CNY630 …

Korean Mobile Payments Provider Gains Chinese Investment

21 February 2017

Alibaba's affiliate Ant Financial Services Group is betting big on growing South Korea's Kakao Pay past its current user base …

Didi Chuxing Announces 2017 Strategies, New Organizational Structure

20 February 2017

Didi Chuxing recently sent out an all-employee letter announcing its five strategic key ideas for 2017 and its new upgraded …

Uber Will Suspend Services In Taiwan

09 February 2017

Taiwanese Uber drivers and riders are going to see their apps become unresponsive tomorrow. Uber announced that the company would …

Apple's Struggles Drop Foxconn's Revenue 2.81% In 2016

17 January 2017

Foxconn announced that its annual sales saw a decrease for the first time since it was listed in 1991 due …

Global Gay Social Network Gains Shanghai Investment

24 November 2016

HornetOne of the world's largest social networks aimed at homosexual men just raised funding from a Shanghai firm. Shanghai-based venture …

EMS Links Its Courier Network To Tencent's Messaging Services

31 October 2016

WeChat and EMSChina Postal Express & Logistics Company Limited announced that they have reached a full strategic cooperation with the Chinese Internet …

Meituan Dianping Gains Payment License Via Acquisition

28 September 2016

QiandaiInternet lifestyle service and group buying platform Meituan Dianping announced that they have completed the acquisition of Qiandai.com, a third-party …

Xiaomi's Barra Joins Startup Board With New China Investment

26 September 2016

Hugo BarraMaybe the creeping reality of working for a declining Chinese smartphone company pinched by shrinking margins has propelled one of …

MediaTek's Investment Arm Backs Fintech Growth

02 September 2016

PaytmTaiwan-based semiconductor firm MediaTek has made a bet on India's online payments growth with a new US$60 million investment. Mountain …

Chinese Job Recruitment App Raises RMB200 Million

31 August 2016

HunterOnShanghai-based online recruitment app HunterOn says it has raised RMB200 million to expand its recruitment services to more sectors, including …

China's Alipay Expects To Enter Europe This Year

30 August 2016

panda travelerAlibaba's deal with France's Ingenico, a global leader in seamless payments, heralds the entry of the Chinese company's Internet payment …

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