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Carrefour Dismisses China Exit Rumor

Carrefour Dismisses China Exit Rumor

Carrefour has refuted a media report that the French retail behemoth was a planning to exit the Chinese market calling the claim “odd.”

Aug 6, 2018
Liao Shumin
Yicai Announces 2018 Brilliant 10 Award Winners

Yicai Announces 2018 Brilliant 10 Award Winners

With China growing into a global innovation center, the world’s second-largest economy has gained considerable appeal for venture capitalists and entrepreneurs alike from all around the globe.

May 18, 2018
Ning Jiayan
Sanofi May Maintain Double-Digit Growth in China This Year, China Head Says

Sanofi May Maintain Double-Digit Growth in China This Year, China Head Says

Sanofi SA, among the world’s largest transnational pharmaceutical manufacturers, has achieved phenomenal sales in China in recent years. The company…

Mar 28, 2018
Chen Juan
NetEase Sues Tmall for Hijacking Traffic With Misleading Ad Placements

NetEase Sues Tmall for Hijacking Traffic With Misleading Ad Placements

NetEase Inc., one of China’s leading internet firms, has filed a lawsuit against Alibaba Group Holding Ltd.’s online business-to-consumer marketplace…

Mar 16, 2018
Tang Shihua
Didi Is on Brink of Rolling Out Meal Delivery Services to Take on Meituan Dianping

Didi Is on Brink of Rolling Out Meal Delivery Services to Take on Meituan Dianping

The conflict between Meituan Dianping and Didi Chuxing could be about to escalate as the world’s largest ride-hailing provider enters the meal delivery sector.

Mar 7, 2018
Liao Shumin
Didi Chuxing Brand Lands in Hong Kong to Compete With Its Rival Uber, Again

Didi Chuxing Brand Lands in Hong Kong to Compete With Its Rival Uber, Again

Chinese ride-hailing giant Didi Chuxing is upgrading its Hong Kong product from Kuaidi Taxi -- a brand operated by its…

Feb 6, 2018
Liao Shumin
Nokia Posts USD480 Million Q4 Loss in Wake of US Tax Reform

Nokia Posts USD480 Million Q4 Loss in Wake of US Tax Reform

Nokia Oyj has posted a EUR384 million (USD480 million) fourth-quarter loss as a result of the recent tax reform in the US.

Feb 2, 2018
Lai Shasha
Alibaba Raises Full-Year Expectations Again Following Revenue Growth in Q3

Alibaba Raises Full-Year Expectations Again Following Revenue Growth in Q3

Chinese internet behemoth Alibaba Group Holding Ltd. has again raised its revenue growth target for this fiscal year after a…

Feb 2, 2018
Liao Shumin
Toutiao Operator to Bring BuzzFeed Content to International Audiences

Toutiao Operator to Bring BuzzFeed Content to International Audiences

Beijing Bytedance Technology Co. said it has agreed to work with BuzzFeed Inc. to distribute the US media firm’s materials…

Jan 29, 2018
Liao Shumin
Lenovo Enters New Retail With First Smart Store

Lenovo Enters New Retail With First Smart Store

Electronics giant Lenovo Group Ltd. is the latest Chinese firm to join the New Retail revolution with the opening of a new smart store in Beijing.

Jan 29, 2018
Zhao Chenting
Tesla Recalls Seven Cars in China Over Faulty Takata Airbag Components

Tesla Recalls Seven Cars in China Over Faulty Takata Airbag Components

Tuosule Auto Sales Co., an affiliate of US automaker Tesla Inc., has recalled some imported Model S vehicles manufactured from Sep. 24, 2013 to Dec. 21, 2013 due to defective airbag components.

Jan 19, 2018
Liao Shumin

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