Search Results for:Sijia Jiang
LE Corporation Limited, a unit of LeEco, has applied to liquidate the business according to court documents.
SenseTime will consider Hong Kong, the United States and China for its initial public offering.
Tencent this week became the first Asian firm to enter the club of companies worth more than $500 billion.
At stake for firms such as SenseTime Group, Face++ and DeepGlint, is a multi-billion dollar global public and private market
The deal arrives after Lenovo posting about a lower quarterly profit on continued difficulty in the global PC market.
A previous round of financing last December valued Face++, a Beijing-based start-up behind Alipay’s “scan your face to pay” function, at $2 billion.
The move forms part of a restructuring exercise.
At a time when the financial hub continues to struggle to boost entrepreneurship.
Both will also explore investment in auto-related e-commerce, new energy cars and auto insurance
One investor named by Unicom in the fundraising — rail equipment maker CRRC Corp Ltd — denied involvement in the deal.