Search Results for:Adam Jourdan

As trading debut looms, China’s Meituan locked in battle of super-apps

The delivery platform is squaring off with Alibaba-backed rivals Alipay, and Koubei as well as Tencent’s own WeChat.

China regulator still hopes to solve Qualcomm-NXP takeover hurdle

The Chinese move likely comes too late for a resurrection of the deal, which had become embroiled in a political spat between Washington and Beijing.

China’s iQiyi snaps up game maker Skymoons in $300m deal

The deal would give iQiyi access to a broader range of stories amid a fierce battle for content with deep-pocketed rivals such as Tencent and Alibaba.

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