Search Results for:Adam Jourdan

Apple launches $300m clean energy fund in China

The investment from the iPhone maker will be made along with 10 suppliers including Pegatron Corp and Wistron Corp over a four-year period.

Alibaba, Tencent lead $1.5b investment in Chinese media group CMC

CMC has a stake in football team Manchester City’s owner and a JV with Warner Brothers.

China’s Xiaomi defers mainland CDR offering until after Hong Kong listing

Xiaomi said it would apply to China’s securities regulator to postpone a review of its CDR offering application.

Ride-sharing giant Didi picks Australia for first Western-style market foray

Didi started expanding outside Asia in Mexico earlier this year, and has said globalisation is a core strategy.

Tencent-backed online video startup Kuaishou buys rival AcFun

Kuaishou, meaning “fast hand”, is valued at about $18 billion.

Tencent-backed WeDoctor raises $500m in pre-IPO funding at $5.5b valuation

The investment round was led by AIA Company Ltd, part of Hong Kong-listed insurer AIA Group Ltd, and infrastructure and services group NWS Holdings Ltd.

China’s HNA Group sells property developer unit in $456m deal

HNA Investment Group Co Ltd will sell a subsidiary focused on property assets to developer Fusheng Group

Ctrip says would welcome chance to list in China via depositary receipts

Ctrip first floated shares on the NASDAQ market in the United States 15 years ago as part of a wave of Chinese tech companies lured by high valuations overseas, at a time when domestic markets were a fraction of their current size.

Walmart backs Tencent in its war against Alibaba in fast growing payments space

The move underscores how China’s retail market is dividing into two camps around Alibaba and Tencent.

Taiwan’s Foxconn subsidiary wins CSRC approval for Shanghai IPO

Foxconn has been aiming to list the unit, Foxconn Industrial Internet Co Ltd (FII).