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Media center
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Biz updates
  • Alibaba appeal: Global leaders make time for Jack Ma

    2017-01-10Jack Ma, founder and executive chairman of e-commerce giant Alibaba Group Holding Ltd, has met with many foreign leaders in the past two years, especially after Alibaba rang the opening bell at the New York Stock Exchange on September 19, 2014.

  • Tencent launches WeChat 'mini apps'

    2017-01-10Chinese internet giant Tencent Holdings Ltd launched "mini apps" on Monday, which let users interact with app-like services within its instant messaging app WeChat, without having to download and install them.

  • Baidu joins BAIC for driverless cars

    2017-01-10Baidu Inc and Beijing Automotive Group Co's collaboration on telematics and autonomous driving is almost ready for its coming-out moment, as industry and government join hands to push for self-driving vehicles in China.

  • McDonald's sells 80% stake

    2017-01-10

    Fast-food chain McDonald's Corp announced on Monday the sale of 80 percent of its Chinese mainland and Hong Kong operations to a consortium including CITIC Ltd and Carlyle Group LP.

  • BYD plans to set up two bus plants

    2017-01-10BYD Co, China's largest electric vehicle maker, plans to set up two new factories in Latin America this year to produce electric buses.

  • Profit growth key for Huawei

    2017-01-08Huawei Technologies Co's renewed focus on profits in 2017 signals a shift in its smartphone business, as the Chinese tech group seeks to outsell Apple Inc in the premium handset sector, analysts said on Jan 2.

  • Xiaomi showcases ecosystem

    2017-01-07Xiaomi, traditionally known as a smartphone producer, made its debut at the global Consumer Electronics Show in Las Vegas, Nevada, this year with a key mission in mind.

  • Didi to speed up overseas services

    2017-01-06Didi Chuxing, China's biggest car-hailing company, indicated on Thursday that it was stepping on the accelerator of global expansion, with an investment in its Brazilian counterpart.

  • Tencent, Warburg bankroll China's Mobike

    2017-01-05Tecent Holdings Ltd and Warburg Pincus led a $215 million round of funding for year-old Beijing startup Mobike, ratcheting up the competition in China's burgeoning urban bicycle-sharing scene.

  • Sogou plans to raise $5b in US offering

    2017-01-05The head of China's third-biggest search engine Sogou said he expects his company to launch a US initial public offering with a valuation of as much as $5 billion.

  • Startup looks to provide high-quality VR solutions

    2017-01-05Jaunt Inc, a Californian virtual reality software startup, is aiming to shoot, produce and distribute high-quality VR content for the Chinese market.

  • China UnionPay and JD Finance 'shake hands' in payment innovation

    2017-01-04China UnionPay, the national bankcard association, signed a strategic cooperation agreement with JD Finance.

  • Suning to buy TTK Express to boost its logistics capability

    2017-01-04Suning Commerce Group Co Ltd's logistics subsidiary plans to spend 4.25 billion yuan ($611.03 million) buying Hangzhou-based TTK Express, aiming to expand its logistics business and cover more clients.

  • Startups prove there's a lot of money in muck

    2017-01-02

    On the morning of the first weekend of each month, 28-year-old programer Liang Tianlong waits patiently for the recycleman to collect his household waste, including papers and bottles. Liang said he's gotten used to it after having done it for more than six months.

  • Topshop plans expansion in China

    2016-12-30UK fashion chain Topshop is the latest British retail company attempting to tap into China’s market by opening its first standalone store in 2018.

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