Ellie Froilan
Alibaba Appoints Former McKinsey Exec Madhur Deep as New Senior VP in India
| Ellie Froilan | | Sep 27, 2016 10:22 AM EDT |
Alibaba has hired former McKinsey and Goldman Sachs executive Madhur Deep to lead its strategy and investment team in India.
LeEco to Open 1K Retail Stores in India by December 2017
| Ellie Froilan | | Sep 27, 2016 03:01 AM EDT |
LeEco plans to open 1,000 retail stores in India by December 2017 with the goal of expanding its reach and developing a strong brand recall.
ChemChina Requests EU Approval of Syngenta Deal
| Ellie Froilan | | Sep 27, 2016 02:32 AM EDT |
China National Chemical Corp. (ChemChina) has sought the approval of European Union (EU) for the $43 billion takeover of Syngenta AG.
Uber Drivers in China Pretend to Be Zombies to Scam and Scare Riders
| Ellie Froilan | | Sep 23, 2016 02:50 PM EDT |
Uber riders in China have reported seeing their requests picked up by drivers with zombie-like profile pictures to scare them.
Alibaba's Jack Ma Becomes Special Advisor for UN Conference on Trade and Development
| Ellie Froilan | | Sep 23, 2016 02:20 PM EDT |
Alibaba founder Jack Ma has been appointed as a special advisor to the United Nations (UN) Conference on Trade and Development (UNCTAD) for Youth Entrepreneurship and Small Business.
China to Resume Imports of U.S. Beef
| Ellie Froilan | | Sep 23, 2016 12:38 AM EDT |
After the 13-year ban on imports of beef from the US, China has decided to get American beef products again.
Alibaba Strengthens B2B Operations in India
| Ellie Froilan | | Sep 20, 2016 06:19 PM EDT |
Alibaba is taking further steps to improve its business-to-business (B2B) marketplace venture in India by establishing expanded Trade Facilitation Centre (TFC) program with new partners.
Tencent Pictures Joins Turner Asia-Pacific to Create Tuzki 3D Animated Film
| Ellie Froilan | | Sep 20, 2016 06:13 PM EDT |
Tencent Pictures is teaming up with Turner Asia-Pacific to develop a combined 3D animated and live action movie based on WeChat’s Tuzki, a popular cartoon rabbit emoticon.
Alibaba Becomes Asia's Most Valuable Company
| Ellie Froilan | | Sep 19, 2016 06:59 AM EDT |
Alibaba has become the most valuable company in Asia; with a market value of more than $266 billion.
McDonald's Gets 3 Final Bids for China and Hong Kong Outlets
| Ellie Froilan | | Sep 17, 2016 07:57 AM EDT |
McDonald’s Corp has received three final bids from Carlyle Group (CG), Chinese state conglomerate CITIC Group, and TPG Capital for its China and Hong Kong outlets.
Baidu Receives Permission to Test Self-Driving Cars in California
| Ellie Froilan | | Sep 16, 2016 05:02 PM EDT |
Baidu has received permission from the state's Department of Motor Vehicles (DMV) to start a trial for its self-driving cars in California.
LeEco Acquires Dichotomy Creative Group to Enter Hollywood
| Ellie Froilan | | Sep 15, 2016 12:56 PM EDT |
LeEco has acquired Dichotomy Creative Group to strengthen its commitment to producing premium content that would make it to Hollywood.
Alibaba Fires 4 Programmers for Hacking Mooncake Sale
| Ellie Froilan | | Sep 15, 2016 12:46 PM EDT |
Alibaba has fired four employees in its security department for reprogramming an internal system to steal more than 100 boxes of mooncakes.
Baidu Unveils $200M Venture Unit for AI Projects
| Ellie Froilan | | Sep 14, 2016 03:16 PM EDT |
Baidu has unveiled a US $200 million venture capital firm dedicated to virtual reality, augmented reality, and artificial intelligence (AI) projects.
Alibaba Finance Affiliate Ant Financial Acquires Eye-Scan Firm EyeVerify for $100 Million
| Ellie Froilan | | Sep 14, 2016 02:16 PM EDT |
Alibaba Group payment affiliate Ant Financial Services has acquired EyeVerify Inc. to expand its business operations in the United States.
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