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Ofo to raise hundreds of millions in new financing round, report claims
While rumors about it being acquired due to a funding crisis have appeared from time to time, Ofo is going to complete an E2-2 round of financing.
ExxonMobil plans to build multibillion-USD China chemical complex
ExxonMobil signed a cooperation framework agreement with the Guangdong on the proposed construction of a multibillion-U.S.-dollar chemical complex.
Facebook loses more younger users
Facebook is losing a large number of young users as about one in four of them had removed the app from their smartphones in the past one year.
Who Wins and Loses If China Creates a New Mobile-Phone Giant
The prospect of a merger between China’s second- and third-largest mobile carriers sent shares in China Tower Corp. plunging for a second day.
Changan Auto to purchase 50pct equity of Changan Suzuki
Changan Automobile announced that it plans to purchase 50 percent equity of Changan Suzuki Co., Ltd for 1 yuan.
Bayer lifts 2018 outlook after Monsanto fusion
Bayer will achieve higher revenue and profits than previously expected in 2018 following its successfully-concluded merger with Monsanto.
Blue Sail raises RMB1.837 bln to purchase Biosensors International Group
Blue Sail announced on late Tuesday that it had issued 98.871 million shares to raise a total of 1.837 billion yuan at 18.58 yuan per share.
Alipay active users in China exceeds 700mln, Ant Financial CEO
Alipay,the mobile and online payment platform operated by Ant Financial Services Group, now has more than 700mln active users in China.
Boeing, AVIC joint innovation center trains 5,000 professionals
A joint manufacturing innovation center of Boeing and Aviation Industry Corporation of China (AVIC) has trained 5,000 aviation professionals.
China's Evergrande tops world's most valuable real estate brand: report
Evergrande has become the world's most valuable real estate brand with its brand value more than doubling over the last year to 16.2bln U.S. dollars.
Carmaker BYD launches car app development platform
Chinese carmaker BYD rolled out an open platform for developing applications for smart cars on Wednesday at a developer conference.
Meituan Dianping is delivering an overpriced IPO
Hong Kong’s bumper year of IPOs hasn’t turned out to be the joyous celebration of China’s tech sector many hoped for at the start of the year.
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
Live COVID-19 updates: U.S. COVID-19 cases top 1 mln
Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
