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Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) today announced it will subscribe to USD 200 mln in convertible bonds ("CBs") issued by Chinese household appliance and electronics retailer GOME Retail Holdings Limited (0493.HK) as part of a strategic partnership to bring more value-for-money merchandise to Pinduoduo's 585.2 mln users. Read More
CBSi Consumer Group, which operates Chinese IT products portal ZOL (www.zol.com.cn), recently completed acquisitions of three vertical marketing websites: fashion and cosmetics site Haibao.cn, cosmetics and beauty products site Kimiss.com, and dream interpretation site 51jiemeng.com. Read More
International news organization CNN has announced that will launch a WAP news site for the 49 countries and regions in the Asia-Pacific region. Read More