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Searching for "online financial information"
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Alibaba Group to Pay USD 433.5 Mln to Settle Shareholder Class Action Lawsuit
Alibaba Group, 10/27/24
Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK) announced today in a filing with the Hong Kong Stock Exchange that it had agreed to pay USD 433.5 mln to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices. Read More
Tencent Trims Stake in Shopee-owner Sea to 18.7%
Reuters, 1/05/22
Chinese gaming and social media company Tencent Holdings (0700.HK) has raised USD 3 bln by selling 14.5 mln shares at USD 208 each in Sea Limited, which owns e-commerce firm Shopee, according to a term sheet seen by Reuters today. Read More
Firm Controlled by JD.com Founder Cleared to Establish Chinese Cargo Airline
Reuters, 8/03/21
A company controlled by the founder of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has been granted approval to set up a new cargo airline based in the eastern province of Jiangsu, reports Reuters, citing an announcement from China's aviation regulator today. Read More
Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020
CAICT, 1/07/21
As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Rumor: iQiyi to List on Nasdaq by End of March
Caijing.com.cn, 3/16/18
Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi will list on Nasdaq at the end of March, under the "IQ" ticker symbol, a person with knowledge of the matter revealed to media outlet Caijing. Read More
Rumor: Didi Chuxing to Launch Takeout Delivery Service in 9 Cities
Caijing, 3/06/18
Chinese taxi booking and car hire service app Didi Chuxing will reportedly launch a new takeout delivery service called Didi Waimai (Didi Takeout Delivery) in nine cities including Wuxi, Nanjing, Changsha, Fujian, Jinan, Ningbo, Wenzhou, Chengdu, and Xiamen, according to online media outlet Caijing. Read More
Mobile Blockchain Content Service 'Hooah Finance' Wins RMB 8-digit Angel Funding
36Kr.com, 3/02/18
Shenzhen-based Hooah Finance and Economics Holding, operator of mobile blockchain content app Hooah Finance and Economics (Huer Caijing), has completed RMB 8-digit angel funding led by JRR Capital and with participation from DFund and TNB Capital. Read More
Blockchain Information Platform Qkzj.com Raises RMB 7-digit Seed Funding
01caijing.com, 3/02/18
Xiamen-based Yingzai Yunduan Network Technology, operator of online and mobile blockchain information platform Qkzj.com, has won RMB 7-digit seed funding from Ruzhe Venture Capital. Read More
Ride-hailing Giant Didi Chuxing Secures USD 4 Bln in New Funding
DiDi Chuxing, 12/21/17
Didi Chuxing, operator of Chinese mobile taxi booking and car hire apps Didi Chuxing and Kuaidi Dache, has announced the completion of a new equity funding round of over USD 4 bln to support AI capacity-building, international expansion, and new business initiatives, including the development of new energy vehicle service networks. Read More
HNA Group Buys 80% Stake in Finance Information Portal Caijing.com
The Paper, 3/07/17
HNA Group's investment firm HNA Capital Group has acquired an 80% stake in Beijing-based Lianban Cultural Media Company, operator of business news site Caijing.com, according to information from China's national company registry. Read More
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