Alipay China Changes Legal Representative and Chairman
The legal representative and chairman of Alipay (China) Network Technology Co., Ltd. has changed from Eric Jing, Ant Group’s chairman and CEO, to Ni Xingjun, Ant Group's CTO.
8/2/20222 min read
Category: Industry
Showing 12 of 6380 posts in this category
Ant Group Announces Improvements to Employee Care Plan, Including Higher Housing Subsidy
An internal email of Ant Group was leaked, which showed that all employees of Ant Group in the Chinese mainland will receive a new employee care plan from January 1, 2022.
12/13/20213 min read
DJI's Pre-IPO Round Oversubscribed by 30 Times with $15B Evaluation
"Now DJI is too popular," says one of the investors involved in this round of DJI financing. DJI has recently released the bidding results for the initial round...
New Oriental Education Founder Michael Yu to Possibly Open E-Business School in the Future
Michael Yu, founder of New Oriental Education, revealed that an e-business school may be opened in the future.
6/21/20222 min read
Huawei Won't Give Up Mobile Business or Develop Real Estate: Executive
The United States has created many difficulties for Huawei but they are solvable. Huawei will not give up its mobile phone business nor develop real estate, said Guo Ping, the company's rotating chairman.
8/18/20213 min read
HeyTea Apologizes for Microbial Contamination, Five Rectifications Are on the Way
HeyTea issued an apology for the detection of microbial contamination in beverages sold in Nanjing stores and listed five corrective measures.
Instagram Launches New TikTok Imitator Called Reels
To compete with Chinese short-video app TikTok, Instagram is launching a video-music remix feature, dubbed Reels, which enables users to create 15-second video clips set to music and share them as Stories.
11/13/20192 min read
Alibaba and Richemont Form Partnership to Give Luxury Brands Enhanced Access to Chinese Market
Alibaba Group and Richemont, a Switzerland-based luxury goods holding company, announced a global strategic partnership today with the purpose of bringing the r...
Five State-owned Enterprises to Delist from New York Stock Exchange
On August 12, five Chinese state-owned enterprises announced that they had applied for a voluntary delisting of their American Depository Shares (ADSs) from the New York Stock Exchange.
China NFT Weekly: Secondary Market for Digital Collectibles
This week: Chinese metaverse infrastructure startup Xmov receives $130 million in funding, Shandong Television pursues NFT and metaverse projects, and more.
4/11/20228 min read
Founder of Internet Firm Sohu.com Denies U.S. Delisting Rumors
Charles Zhang, the founder, chairman and CEO of Chinese internet company Sohu.com Limited, on Monday denied rumors of the company's required delisting from U.S. stock exchanges.
4/19/20222 min read
Qihoo 360 Technology: Uncertainties in Hozon Auto Investment
Qihoo 360 Technology issued a supplementary announcement on its investments saying that this investment needs to obtain the consent of relevant departments, which poses some uncertainty in the deal.
10/20/20212 min read