23 October 2018


  • Sinopec said it welcomes partners

    E-commerce giants eye gas stations for offline push

    - Mar 19, 2014 12:36pm
    Market rumors that Alibaba Group Holding Ltd. would like to take a stake in the oil and gas distribution business of China Petroleum & Chemical Corp. (Sinopec) (00386.HK, 600028.CN) indicate that the e-commerce giant is ramping up its online-to-offline (O2O) strategy...
  • Jack Ma rules out backdoor HK listing for Alibaba, paper says

    Mar 19, 2014 11:10am
    Alibaba Group chairman Jack Ma has ruled out a backdoor listing in Hong Kong, despite holding stakes in CITIC 21CN (00241.HK) and ChinaVision Media Group Ltd. (01060.HK), Beijing Business Today reported Wednesday. Alibaba said Sunday that...
  • Ganji may seek IPO if beneficial, paper says

    Mar 19, 2014 10:51am
    China’s largest classified information portal,, will consider an initial public offering if it will benefit the company, Securities Daily reported Wednesday, citing chief executive Yang Haoyong. Ganji is expected to report hundreds of millions of...
  • Is losing Alibaba to the US really such a loss for Hong Kong?

    - Mar 18, 2014 5:02pm
    The decision was made and Hong Kong was the loser — at least some saw it that way when Alibaba Group Holding Ltd. said it was opting to list in the United States rather than closer to...
  • PBoC move hints at tighter govt control of O2O business

    - Mar 18, 2014 12:16pm
    The People’s Bank of China appears to have dealt the country’s e-commerce sector a setback after it suspended the use of virtual payment channels such as virtual credit cards and the Quick Response (QR) Code payment via mobile...
  • 1 mln-plus mainland orders in for ‘iPhone 5C killer’, paper says

    Mar 18, 2014 11:44am
    More than a million pre-orders have been placed on the mainland in just 10 days for Taiwanese smartphone maker High Technology Computer Corp.’s (HTC) new mid-range Desire 816 smartphone, the Economic Daily News reported Tuesday, without...
  • Giant Interactive to go private, delist from NYSE paper says

    Mar 18, 2014 11:20am
    Shanghai-based Giant Interactive Group Inc., one of China’s leading online game developers and operators, has agreed to be taken private by its parent, Giant Investment Ltd., National Business Daily reported Tuesday. Giant Investment and Giant Merger Ltd.,...
  • Taiwan chip industry to break NT$2 trln barrier, paper says

    Mar 18, 2014 10:49am
    The value of production from Taiwan’s chip industry is expected to exceed NT$2 trillion (US$65.9 billion) to reach NT$2.098 trillion in 2014, up 11.1 percent year on year, the Economic Daily News reported Tuesday, citing data...
  • Unicom to offer 4G plans from 78 yuan, paper says

    Mar 18, 2014 10:45am
    China United Network Communications Group Co. Ltd. (China Unicom) (00762.HK, 600050.CN) is expected to offer 4G mobile services for as low as 78 yuan (US$12.62) a month, Securities Daily reported Tuesday, citing unnamed sources. The most expensive package...
  • Midea teams up with Alibaba for IoT platform, paper says

    Mar 18, 2014 10:01am
    Home appliance maker Midea Group Co. Ltd. (000333.CN) announced that it will use Alibaba Group’s Tmall e-commerce platform to launch all its new smart home appliance products, China Securities Journal reported Tuesday. Under a strategic cooperation...
  • Govt cracks down on gambling-related mobile apps, paper says

    Mar 18, 2014 7:51am
    China is expected to see a more family-friendly mobile app market following a recent crackdown on gambling-related content, China Daily reported Monday. As many as 27 mobile game publishing platforms and app-store operators, including Baidu App and...
  • HKTV woes reflect regulatory lacunae in Hong Kong

    - Mar 17, 2014 11:07am
    Hong Kong Television Network’s (HKTV, 01137.HK) stalled mobile TV offering offers a stark reminder that the city’s legal and regulatory framework has not kept pace with the march of technology. In an environment where media consumption...
  • Facebook seeks to gain advertising dollars in a country where it has been banned since 2009. Photo: Bloomberg

    INTERVIEW: Facebook seeks likes from China telecom, tech firms

    - Mar 17, 2014 8:31am
    Banned since 2009 in China, Facebook Inc. has found a new way to cash in on the world’s most populous country. The No. 1 social network is luring mainland telecom, e-commerce and travel merchants to advertise...
  • Internet finance rears ugly head on brokers

    - Mar 17, 2014 8:24am
    Internet finance is bringing a quiet revolution in the brokerage industry and it is not a pretty sight. Brokers are dismayed by the ultra low commission charged by online finance operators, threatening their business and potentially...
  • China mobile payments value up 248% in 2013, Xinhua says

    Mar 17, 2014 8:19am
    Chinese consumers made about 12.74 trillion yuan (US$2.07 trillion) worth of payments through smartphones in 2013, up 248 percent from a year ago, Xinhua news agency reported over the weekend, citing data from China Banking Association....
  • Alibaba opts for US listing, paper says

    Mar 17, 2014 8:11am
    Alibaba Group has started the process toward an initial public offering (IPO) in the United States, Shanghai Securities News reported Monday, citing a microblog post by the company. The deal could be worth up to US$18 billion,...
  • Consumers get 7-day free return for online sales, paper says

    Mar 14, 2014 12:59pm
    Chinese consumers can return goods bought online within seven days at no cost, Beijing Times reported Friday. The new policy coincides with the March 15 launch of a consumer protection ordinance. It applies to e-commerce platforms...
  • Tmall to launch new construction materials service, paper says

    Mar 14, 2014 11:37am
    Alibaba Group’s Tmall unit said recently that it plans to launch across 100 mainland cities a new service that will offer users free delivery and support for household construction materials orders, the National Business Daily reported Friday....
  • Uptick lights way to expansion for LED makers, paper says

    Mar 14, 2014 10:29am
    Some listed LED (light-emitting diode) makers aim to expand production after their financial performance improved last year, suggesting the industry is taking a turn for the better, the Shanghai Securities News reported Friday, citing the manufacturers....
  • Star-net unit, Alipay in KTV online payment deal, filing says

    Mar 14, 2014 10:15am
    Fujian Star-net Communication Co. Ltd.(002396.CN), a company that is mainly involved in research, development, production and sale of network communication system equipment, said on Thursday that its unit Fujian Star-net eVideo Information Systems Co. Ltd. has...

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