Tag: Guangzhou

Alibaba shares jump 8% after being hit with $2.8 billion fine in anti-monopoly probe

The signage is seen at Alibaba Group headquarters during the company's 11.11 Singles' Day global shopping festival in Hangzhou, Zhejiang province, China, November 11,...

Ant Group says it will help employees monetize shares and commits to listing after canceled IPO

A logo of Ant Group is pictured at the headquarters of the company, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29,...

Chinese Retail Billionaire Says Now Is The Time To Expand Overseas

Miniso is the purveyor of inexpensive but sleekly designed household goods, such as $2 mascara and $6 headphones. Courtesy of...

A major Chinese bitcoin mining hub is shutting down its cryptocurrency operations

A visual representation of the cryptocurrency bitcoin.S3studio | Getty ImagesGUANGZHOU, China — China's Inner Mongolia region plans to ban new cryptocurrency mining projects and...

Baidu finds CEO for its electric car company and aims to launch vehicle in 3 years

A woman walks past the Baidu booth at the China International Technology Fair in Shanghai.STR | AFP | Getty ImagesGUANGZHOU, China — Baidu has...

Kuaishou shares rise nearly 200% in $5.3 billion Hong Kong debut

Kuaishou headquarters is pictured on November 5, 2020 in Beijing, China.VCG | Visual China Group | Getty ImagesGUANGZHOU, China — Shares of Chinese short...

Alibaba looking to raise up to $5 billion in U.S. dollar bond issuance after earnings beat

Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015.Brendan McDermid | ReutersAlibaba will be...

Alibaba’s cloud computing division becomes profitable for the first time as earnings beat forecasts

The Alibaba Group Holdings Ltd. headquarters stand illuminated at night ahead of the annual November 11 Singles' Day online shopping event in Hangzhou, China,...

China Poised To Mint A Soap Billionaire

Pedestrians wearing protective masks walk past an electronic ticker at the Hong Kong Stock Exchange. ... Photographer: Roy...

Chinese fintech giant Lufax seeks up to $2.36 billion in U.S. IPO

A logo of of Lufax website Lu.com, is seen at the company's headquaters on May 28, 2020 in Shanghai, China.Wu Jun | Visual China...

Huawei’s growth slows sharply as U.S. sanctions bite

Huawei headquarters building is pictured in Reading, Britain July 14, 2020.Matthew Childs | ReutersGUANGZHOU, China — Huawei's revenue growth slowed sharply in the third...

Ant Group gets final approvals for its massive dual IPO and reveals share structure

The Ant Group Co. logo and the Alibaba Group Holding Ltd. logo are displayed behind a reception desk at the company's headquarters in Hangzhou,...

Apple iPhone maker Foxconn wants to become the Android for electric cars with new vehicle platform

The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019.Sam Yeh | AFP | Getty ImagesGUANGZHOU, CHINA — Foxconn,...

An app that let Chinese users bypass the Great Firewall and access Google, Facebook has disappeared

In this photo illustration a logo of the American multinational technology company and search engine Google is seen on an Android mobile device with...

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