12/23/2024 08:41:58 am
12/23/2024 08:41:58 am
Girish Shetti | Aug 13, 2016 03:08 PM EDT
Chinese e-commerce giant Alibaba Group is planning to bet big on its investment in Indian e-commerce company Paytm. read more
Charissa Echavez | Aug 13, 2016 01:30 PM EDT
Apple's partner Foxconn Technology Group completed its $3.8 billion acquisition of electronics manufacturer Sharp Corp. on Friday, after getting the approval of Chinese anti-monopoly officials. read more
Charissa Echavez | Aug 13, 2016 01:19 PM EDT
Car sales in China experienced its fastest growth rate in three-and-a-half years last month, thanks to the country's tax break on small engine vehicles and comparatively slow growth rate in the same timeframe in 2015. read more
Girish Shetti | Aug 12, 2016 12:53 PM EDT
Chinese e-commerce giant Alibaba has smashed market expectations in the second quarter by posting its best-ever revenue since being listed on the American stock exchange in the late 2014. read more
Desiree Sison | Aug 12, 2016 07:47 AM EDT
Citing national security concerns, the Australian government has moved to block two Chinese companies' bid to become controlling stakeholders in Ausgrid, Canberra's largest electricity distribution network. read more
Charissa Echavez | Aug 12, 2016 07:54 AM EDT
Alipay, an Alibaba Group Holding Ltd.'s affiliate, is extending its payment platform arm to Europe, signing deals with various retailers to allow Chinese tourists to use its service abroad. read more
Ellie Froilan | Aug 12, 2016 09:11 AM EDT
China Mobile has announced that its profits increased by 5.6 percent year-on-year in the first half this year. The drop has been attributed to strong growth in wireless data traffic revenue and 4G mobile business. read more
Charissa Echavez | Aug 12, 2016 08:38 AM EDT
Stock prices of China Film Co Ltd. jumped by 44 percent in its first trading on Tuesday following the success of the biggest initial public offering (IPO) made in the Chinese entertainment sector. read more
Charissa Echavez | Aug 12, 2016 08:25 AM EDT
China's Le Holdings Co, popularly known as LeEco, has revealed it has allocated 12 billion yuan ($1.8 billion) to set up an electric car factory in eastern China, with a production capacity of 400,000 vehicles per year. read more
Jenia Cane | Aug 11, 2016 09:44 PM EDT
Shanghai Disneyland is expected to build additional attractions as it announced that its number of visitors has already reached more than one million. read more
Jenia Cane | Aug 11, 2016 09:07 PM EDT
China’s Alibaba Group Holding Ltd has posted a revenue of more than 59 percent for its cloud unit and 119.3 percent for its mobile product. read more
Girish Shetti | Aug 11, 2016 03:03 PM EDT
JD.com Inc, China's second-biggest e-commerce company, succeeded in trimming its net loss substantially while posting a solid growth in its net profit in the second quarter. read more
Charissa Echavez | Aug 11, 2016 02:18 PM EDT
Sales of Jollibee Foods Corporation, Asia's biggest food service company, in China plunged by 5.7 percent in the second quarter of this year due to the competitive pressure faced by the company's largest brand Yonghe King. read more
Girish Shetti | Aug 11, 2016 12:52 PM EDT
Officials from the Canadian government are currently in Beijing to persuade China to reconsider its plan to toughen its quality standard for canola shipments from Canada. read more
Charissa Echavez | Aug 11, 2016 07:44 AM EDT
Italian sports car maker Ferrari will call back 621 imported luxury cars in China due to defective airbags, China's top quality watchdog announced on Wednesday. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
