Ant Financial Services Group, the financial arm of Alibaba Group Holdings, is making a strategic move as it invests to get a 45 percent stake in Globe Fintech Innovations Inc. to help accelerate financial inclusion in the Philippines.
French shipping line CMA CGM has signed a deal with Chinese e-commerce giant Alibaba on Tuesday, Feb. 14, joining Maersk line to help to provide online booking for shipment through Alibaba’s One Touch platform, according to an article by seatrade-maritime.com.
Alibaba is now selling lobsters from Nova Scotia on its e-commerce site as the Canadian province launched a pilot project to sell its best produce on Alibaba’s retail site Tmall, the Chronicle Herald reported.
Lenovo Group has tapped a former Samsung executive to head the product strategy and management of its Mobile Business Group (MBG), China Tech News reported.
Almost 7 million Chinese debtors were banned from taking flights and high-speed trains in the past four years as a penalty for not repaying their debts, China’s Supreme Court announced.
China has turned an ancient Song dynasty site into an exclusive enclave for its hedge fund managers, patterned after the famous Greenwich Village in Connecticut where Wall Street professionals, money managers and financial experts reside.
European ski companies have seen an opportunity for expansion in China where winter sports are gaining popularity as anticipation to the 2022 Winter Olympics to be held in Beijing. On Thursday, two French firms who headed to China confirmed securing deals with Chinese companies to build ski resorts in the country, Reuters reported.
Chinese companies keen to invest in Australia have taken on a new stance by playing down the "Chinese" element to assuage the concerns of people on Chinese acquisitions.
The world has witnessed the booming of China’s e-commerce industry in the past years, and tagged along with it is the promising growth of the courier service sector. But with their major contributions in the Chinese economy also comes the inevitable problem in handling the packaging waste these industries have been generating.
While e-commerce giants Alibaba Group Holding Ltd., and JD.com Inc., have pushed hard on imported goods, Red plans to set itself apart with a special focus on the community through user sharing.
Skymoons, a Chinese mobile games developer, launches its new studio in Edinburgh in the United Kingdom to mark its journey to the west.
According to a survey, the cross-border e-commerce in China is set to expand to a much wider population base by 2020.
Samsung' Lee Jae-yong got arrested for bribery and embezzlement raps.
Chinese conglomerate Fosun is currently negotiating with investors to raise fund for the planned overseas acquisitions of its tourism unit, amid regulators’ tightened scrutiny of outbound transactions, the Business Standard reported.
China’s Ministry of Environmental Protection (MEP) has proposed measures to intensify the country’s war on smog, which is seen as some of the most drastic measures undertaken by the country to address air quality in heavily polluted cities.
