Search Results for:Meg Shen
This spells the latest blow to HNA Group which lately has done a series of divestments to slash debt at the aviation-to-financial services group.
The inspections, starting from Sept. 5, will cover all ride-hailing service platforms nationwide
China Eastern Airlines Corp will use the proceeds to expand its fleet and to replenish working capital
Leshi’s parent LeEco was once China’s Netflix-to-Tesla contender but ran into a cash crunch in late 2016 after expanding too fast.
After only eight months as chairman, Sun Hongbin, also chairman of Leshi’s second largest shareholder Sunac China Holdings Ltd, has decided to leave.
China’s e-commerce giants have pushed into traditional retail. In November, Alibaba Group Holding Ltd said it would invest $2.9 billion in China’s top hypermart operator Sun Art Retail Group Ltd for a major stake.
Fosun saw its CEO and vice president step down in a surprise reshuffle in March.
A Great Wall official had on Monday said the company was interested in all or part of FCA, owner of the Jeep and Ram truck brands.
Zhang Zhao will be appointed as chief content officer and Yuan Bin will take the position of chief technology officer.
Sanyuan and Fosun will buy the French margarine marker from PE firm Montagu.