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Softbank, Google join $1.9 billion investment in China truck-hailing firm

BEIJING/SHANGHAI (Reuters) - Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday......»»

Category: topSource: reutersApr 24th, 2018

Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.

Neom officials visited Beijing, Shanghai, and Hong Kong in an attempt to court Chinese investors and shed more light on the $500 billion megaproje.....»»

Category: smallbizSource: nytApr 22nd, 2024

China Evergrande New Energy Vehicle Company Attracts 6 Investors To Raise $3.4 billion

The electric vehicle unit of property developer China Evergrande Group said on Sunday it would bring in six new investors and will raise $3.4 billion to repay debt and fund research, Reuters has reported.   read more.....»»

Category: blogSource: benzingaJan 24th, 2021

The UK will spend $1 billion on a moonshot agency to fund cutting-edge tech and compete with the US and China

REUTERS.....»»

Category: topSource: businessinsiderMar 11th, 2020

Tesla plans to expand car parts production capacity in Shanghai: government document

Tesla Inc plans to increase its production capacity for certain car parts at its $2 billion factory in China, according to a government document seen by Reuters, as it pushes to localize its supply chain in the world's biggest auto market......»»

Category: topSource: reutersMar 10th, 2020

Disney plays up local ties in China amid trade standoff

SHANGHAI (Reuters) - Shanghai Disneyland should be viewed as a local company in China, Walt Disney said on Thursday, shrugging off concerns that U.S.-China trade tensions could affect visitor numbers or import costs for the $5.5 billion theme park......»»

Category: topSource: reutersApr 26th, 2018

Exclusive: China"s HNA Group seeks up to $1.5 billion in new fund - document

(Reuters) - A unit .....»»

Category: topSource: reutersApr 24th, 2018

China fund managers slash ZTE valuation after U.S. sanction

SHANGHAI (Reuters) - Chinese funds have slashed valuations of ZTE Corp after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a move ZTE said threatened its very survival......»»

Category: topSource: reutersApr 23rd, 2018

China"s Xiaomi cuts valuation to $55 billion-$70 billion: sources

SHANGHAI/HONG KONG (Reuters/I.....»»

Category: topSource: reutersJun 19th, 2018

BMW signs battery order with China"s CATL

SHANGHAI (Reuters) - BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China's lithium battery maker Contemporary Amperex Technology Ltd (CATL) , the German carmaker said on Thursday......»»

Category: topSource: reutersJun 29th, 2018

Alibaba, Tencent lead $1.5 billion investment in China media group CMC

SHANGHAI/BEIJING (Reuters) - Chinese state-backed media group CMC Inc said on Tuesday it raised around 10 billion yuan ($1.49 billion) in a fundraising round from investors including tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd ......»»

Category: topSource: reutersJul 3rd, 2018

Hedge Fund and Insider Trading News: Bridgewater Associates, Winton Capital, Heron Therapeutics Inc (HRTX), Accuray Incorporated (ARAY), and More

Hedge Funds Bridgewater, Winton Register to Launch Products in China (Reuters) SHANGHAI (Reuters) – Renowned global hedge fund man.....»»

Category: topSource: insidermonkeyJul 4th, 2018

IMF: The US trade war could cost the global economy $430 billion

REUTERS/China Daily The global economy could lose $430 billion — or 0.5% of GDP — by 2020 if Trump's tariffs against China continue to escalate, the International Monetary Fund warned. The US could be the "focus of .....»»

Category: topSource: businessinsiderJul 17th, 2018

Warburg Pincus plans to raise up to $4 billion for new China fund: sources

Warburg Pincus LLC is looking to raise its second China-focused private equity fund of up to $4 billion, giving the U.S. investment firm more firepower to cut deals in the world’s second-largest economy, sources told Reuters......»»

Category: topSource: reutersNov 20th, 2018

SoftBank"s Vision Fund to hire China team, set up mainland office: sources

The SoftBank-led Vision Fund is hiring an investment team to be based in China as the $100 billion investment giant expands in one of the world's most vibrant tech markets, two people with direct knowledge of the move told Reuters......»»

Category: topSource: reutersDec 4th, 2018

Exclusive: KKR, China"s Tencent eyeing bids for Universal Music - sources

U.S. buyout fund KKR and China's Tencent Music Entertainment Group are exploring rival bids for up to half of Vivendi's iconic Universal Music division, a deal potentially worth up 20 billion euros ($22.73 billion), sources told Reuters......»»

Category: topSource: reutersFeb 27th, 2019

Softbank"s Vision Fund could go public in a $300 billion SPAC deal, report says

Softbank's Vision Fund is the world's largest tech venture capital firm and could list on the Amsterdam stock exchange via SPAC this year. Reuters/Issei .....»»

Category: dealsSource: nytMay 18th, 2021

Tesla has scrapped plans to expand its Shanghai Model 3 factory, and will slow production in China because of US-Beijing tensions, according to a report

The expanded Shanghai plant, which makes Model 3 and Model Y cars, would have allowed Tesla to produce 200,000 extra vehicles, sources told Reuters. Elon Musk walks with former Shan.....»»

Category: personnelSource: nytMay 11th, 2021

Tesla halts Shanghai land extension due to U.S., China tensions, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 11th, 2021

Apple Looks To Make iPads in India This Year, In A Shift Away From China: Report

Apple Inc (NASDAQ: AAPL) is looking to begin manufacturing its iPad devices in India this year in a bid to move away from Chinese manufacturing, Reuters reported Th read more.....»»

Category: blogSource: benzingaFeb 19th, 2021