CAR Inc. Sets For Privatization And Will Delist on July 8
MBK Partners has completed the compulsory acquisition of CAR Inc., which is now a wholly-owned subsidiary of MBK.
7/6/20212 min read
Category: Industry
Showing 12 of 6378 posts in this category
2018 OTEC Winners Awarded RMB 1 Million, with Nobel Prize Winners Attending the Innovation Summit
Overseas Talent Entrepreneurship Conference (OETC), China's largest international startup business competition came to a close on August 10. A team from Beijing...
Huawei Launches Tree-Planting Public Service Campaign in Gansu Province
Chinese telecom giant Huawei initiated a new public service campaign on Thursday, aiming to plant 62,439 trees donated by the company and its consumers across a desert located in China’s northwestern Gansu province.
4/9/20212 min read
Taikonauts on China's Shenzhou-13 Complete Second Extravehicular Mission
Taikonauts on China's Shenzhou-13 space mission have completed second extravehicular activities (EVAs), the China Manned Space Agency said in the early hours of Monday morning.
12/27/20212 min read
Zhihu CEO: Average Monthly Paid Members in July Broke 10M
On the morning of August 10, Victor Zhou, the founder, chairman and CEO of Chinese question-and-answer platform Zhihu, announced that its average monthly paid members exceeded 10 million in July.
8/10/20222 min read
Tencent Weibo Exits Arena After a Decade of Battle Against Sina Weibo
Tencent on Sept. 4 announced to officially terminate the service and operation of its microblogging website Tencent Weibo at 11:59 pm on Sept. 28, Beijing local time.
9/7/20204 min read
Chinese Ride-hailing Platform Shouqi Apologizes for Hangzhou Accident Amid Public Concerns Over Female Safety
A Chinese online car-hailing platform called Shouqi Limousine and Chauffeur apologized for safety issues after a woman in Hangzhou claimed she injured herself by jumping out of a moving car while attempting to escape a dangerous situation.
HUYA Posted Quarter-on-Quarter Revenue Growth in Q2 2024, Declaring $250 Million Special Cash Dividend
In HUYA Inc.’s 2nd quarter of 2024, game-related services, advertising and other revenues grew rapidly to 308.5 million yuan, reaching 20 percent of its total net revenues, signaling the positive progress of the company’s strategic transformation.
8/14/20247 min read
One Olympic Games, Two Athletic Lives
Gu and Su represent the group of athletes atypical to China's Olympic teams – those scouted by amateurs and clubs, as opposed to the ones selected and trained from a young age within the state-sponsored sports system.
2/26/20229 min read
JD.com’s 618 Promotions Drive Strong Earnings in Q2, Hillhouse Makes Investment in Health Division
China’s e-commerce and supply chain company JD.com Monday posted strong earnings results for the second quarter of 2020 with net revenues in the three months ended June rising 33.8% to 201.05 billion yuan ($28.5 billion).
8/17/20203 min read
Baidu Reveals 2020 Q4 Financial Results, Showing Strong Growth in Cloud Services
Artificial intelligence (AI) giant Baidu Inc. on Feb. 18 released its unaudited financial results for the fourth quarter of the fiscal year ending on Dec. 31, 2020.
2/18/20213 min read
NIO Shares Drop 5.8% to $1.46
The share price of Chinese EV startup NIO fell by 5.8% to $1.46 on October 16, which marks the largest decline in the past six days.
10/17/20192 min read