Search Results for:Brenda Goh

China’s Okay Airways says seeking investment from foreign airlines

Okay Airways plans to eventually launch routes to Europe and America and believes that having a foreign airline as a shareholder will aid that goal.

China: Didi Chuxing to launch own bike-sharing platform and brand

Didi said it had reached a cooperation agreement with Chinese bike-sharing firm Bluegogo, which will be hosted on its platform.

LeEco repays part of China Merchants Bank debt, seeks release of frozen assets

LeEco has repaid part of this debt after selling shares in its smartphone affiliate Coolpad Group.

China’s Hellobike raises $350m in latest funding round backed by Ant Financial

The transaction marks the fourth funding round for Hellobike that merged with Youon Ditan, a Changzhou Youon Public Bicycle System-affiliate, in October.

Qihoo to return to Shanghai with $7.57b backdoor listing deal with China’s SJEC

Qihoo 360 was listed in the US in 2011 until its privatization last year by a consortium led by its CEO and founder, Zhou Hongyi, for about $9.3 billion.

China: COSCO Shipping plans $2b share sale to build ships

COSCO Shipping said it would undertake a private placement to fund the building of 20 container ships.

China’s bitcoin market alive and well as traders defy crackdown

Traders have moved to buy and sell bitcoin directly with on peer-to-peer marketplaces and messenger apps.

Boeing to invest $33m for majority stake in JV with China’s COMAC

The JV will oversee the U.S. planemaker’s new 737 completion plant in China.

China orders Beijing cryptocurrency exchanges to announce trading halt

OkCoin and Huobi, among China’s biggest exchanges, said they planned to stop yuan-based trading by Oct 31.

Bitcoin exchange BTCChina says to stop trading; ViaBTC too shut down

The country reportedly plans to shut down all bitcoin exchanges by the end of September.