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Dalian Wanda is a Chinese company and the world's biggest private property developer and owner and the world's largest cinema chain operator.

UBS Cancels $4.4-B Wanda Privatization Deal

Ellie Froilan   | Oct 11, 2016 07:43 AM EDT

Banking giant Union Bank of Switzerland (UBS) did not proceed with the $4.4 billion deal with Dalian Wanda Commercial Properties.

China's mobile live streaming industry will reach over 100 billion yuan by 2020.

China's Mobile Live Streaming Industry to Reach Over 100 Billion Yuan by 2020

Charissa Echavez   | Apr 17, 2016 03:31 PM EDT

Chinese tech giants are reportedly investing heavily in the country's mobile live streaming market to stimulate the audience's palate as they predict the industry will generate more than 100 billion yuan by 2020.

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