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BizChina

Vanke agrees to buy Shenzhen Metro stake amid control tussle

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By David Cao
David Cao
14 March 2016
Hits: 766

China's property behemoth Vanke Co has signed a preliminary agreement with subway operator Shenzhen Metro to acquire up to 60 billion yuan ($9.3 billion) of property assets atop its subway lines, in the latest control tussle between the company's top management and Baoneng Group.

Vanke plans to issue new shares in exchange, it said in a filing to Shenzhen Stock Exchange on Sunday, which will lead Shenzhen Metro to become one of its major shareholders.

Read more: Vanke agrees to buy Shenzhen Metro stake amid control tussle

Alibaba invest 1.25billion USD in food delivery APP Ele.me

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By David Cao
David Cao
27 December 2015
Hits: 908

Kangjia, The cofounder and CSO of Ele.me

Kangjia, The co-founder and CSO of Ele.me

E-commerce giant Alibaba Group Holding Ltd is said to have invested $1.25 billion in ele.me, becoming the biggest shareholder of the food delivery application.

According to a report from caixin.com on Friday, the two parties have already reached an agreement but the deal is expected to be completed after China's Spring Festival in February 2016.

Read more: Alibaba invest 1.25billion USD in food delivery APP Ele.me

Meizu sold 8.9 million Smartphones in 6-month 2015

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By David Cao
David Cao
03 July 2015
Hits: 1092

Meizu sold 8.9 million Smartphones in 6-month 2015

Meizu's Official Weibo (Chinese tweeter) released it's smartphone sales volume - 8.9 millions, 540% up than last year.

After the cooperation with Alibaba, Meizu developed more smartphones in a year compared with years before the cooperation. Meilan Note II is just 6-month after Meilan Note, In June, MX5 started to march on the market.

Read more: Meizu sold 8.9 million Smartphones in 6-month 2015

Chinese Smartphone ROMs in Chaos

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By David Cao
David Cao
12 April 2015
Hits: 1904

After the competition of hardware, Chinese smartphone manufactures reliazed the importance of software - smartphone ROM. Now more and more Chinese smartphone manufacures bring their own Android-based OS/ROMs for smart phones.

Flyme ROM

Flyme ROM is developed by MEIZU for it's own MX (dream) model. Its UI design is simple and eye-candy. Unlike other Chinese ROMs' unlimited-integration, Flyme only provide simple and good enough functions.

Samsung smartphones was able to use Flyme ROM in July 2014.

Read more: Chinese Smartphone ROMs in Chaos

Amazon opens store on Rival Alibaba's Tmall

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By David Cao
David Cao
09 March 2015
Hits: 1660

Amazon opens store on Rival Alibaba's Tmall

This week Amazon opened its own digital storefront on rival Alibaba's Tmall ( http://amazon.tmall.com/ ), an online marketplace for consumers in China, which hosts merchant's storefronts and lets Alibaba take a cut of sales.

The marriage between Amazon and Alibaba is, to put it mildly, an odd one. Alibaba is China's largest e-commerce company. And after going public in the US last year -- in an historic IPO that saw it raise $25 billion -- it has set its sights on e-commerce in the US, where companies like Amazon and eBay dominate. Meanwhile, Amazon has been trying for years to be a major presence in the Chinese market, where it's been able to capture only a small share.

Read more: Amazon opens store on Rival Alibaba's Tmall

More Articles …

  1. Zynga China Closed as gaming giant falls?
  2. Alibaba invests USD 590 million in Meizu for Smartphone Business
  3. Qualcomm nears $1 billion deal resolving China antitrust dispute
  4. Xiaomi is the top sale of 2014 in China
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Page 25 of 125

Banking

  • China's Gold VAT trade reform aims to tax free for investment
  • China's digital RMB transactions top 14.2 trillion yuan
  • Renminbi asset appeal spurs dim sum bond market
  • UnionPay International Expands European Footprint with Strategic Partnerships and Enhanced Payment Network
  • China T-bond move seen safeguarding financial stability

Real Estate

  • 21 Chinese cities tighten Real Estate Policy
  • LANZHOU NEW AREA new ghost town in China
  • Chinese invest $110 billion in US real estate
  • China's listed real estate companies post $461b of inventories for 2015
  • Beijing eases restrictions on foreigners buying apartments

Society

  • China NIA: Average daily inbound and outbound passenger volume to increase 14.1% during Chinese New Year
  • China U23 team's historic breakthrough
  • China's New railway timetable enhanced connectivity nationwide
  • Yiwu's Factory flaw “sad horse" toys go viral on Chinese Internet
  • From plateau to hard drives: documentary tests NAS technology

Manufacturing

  • China's large drone FP-985 completes pioneering plateau logistics flight
  • China's NEV output tops 16 million units as exports double
  • World's first methanol dual-fuel VLCC "Kaituo" delivered in Dalian
  • China's superconducting quantum prototype 'Zuchongzhi 3.2' achieves key breakthrough
  • C909 has paved the way for China’s large passenger jet

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