Google places a $550 million bet on China's second-largest e-commerce player - CNBC
CNBCGoogle places a $550 million bet on China's second-larg.....»»
Google bets $550 million on China"s second largest e-commerce retailer
Google is buying a stake in JD.com as part of a strategic partnership between the two companies to compete with rivals like Amazon and Alibaba......»»
Juul"s sales halted in China days after launch
U.S. e-cigarette maker Juul Labs Inc said on Tuesday its products were not currently available on e-commerce web sites in China, days after it entered the world's single-largest market for tobacco consumption with over 300 million smokers......»»
ZTE phones, budget-priced Androids favored by seniors, are going away
A Commerce Dept. ban puts the survival of China's ZTE, the fourth largest seller of phones in the U.S. at risk. How does it impact the U.S. c.....»»
Google to invest half a billion in China"s JD.com
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com......»»
Term Sheet — Monday, June 18
On deals and dealmakers. INDICTEDGood morning, Term Sheet readers. GOOGLE MAKES FRIENDS IN CHINA: Google continues to increase its presence in China. The tech giant agreed to invest $500 million in Chinese e-commerce firm JD.com as part of a strate.....»»
Google to Invest $550M in China E-commerce Giant JD.com - Voice of America
Voice of AmericaGoogle to Invest $550M in China E-commerce Giant JD.comVoice of AmericaGoogle will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet.....»»
Nissan to boost China production capacity by 40 percent, source says
Japan's Nissan Motor Co plans to invest about $900 million to boost vehicle-making capacity in China by 40 percent by 2021 - part of a 60 billion yuan ($8.73 billion) strategy to become a top three player in the world’s largest auto market......»»
Cathie Wood Loads Up Another $28M Worth Of Shares In Alibaba Rival JD.Com
Cathie Wood-led Ark Investment Management on Friday bought 366,879 shares, worth about $27.7 million, in JD.com Inc (NASDAQ: JD), a key rival to Alibaba Group Holding (NYSE: BABA) in the e-commerce space in China. read more.....»»
China Is The EV Place To Be In 2021
In absolute terms, China remained the world's largest EV market last year, with 2.3 million electric vehicles in active use and 1.11 million electric cars sold, according to the China Passenger Car Association. read more.....»»
80 million Chinese may already be out of work
The pandemic all but shut down China for several weeks this year, wreaking havoc on the world's second largest economy and forcing millions of people out of work......»»
China 5G smartphone shipments top over 10 million units in 1Q20
Shipments of 5G smartphones in the China market reached 14.06 million units in the first quarter of 2020, making it the world's largest 5G phone market, according to data compiled by China Academy of Information and Communications Technology (CAICT)......»»
HC SemiTek suffers net loss of over CNY1 billion for 2019
The second largest China-based LED epitaxial wafer and chip maker HC SemiTek suffered net loss of CNY1.048 billion (US$152 million) for 2019, compared with net profit of CNY244 million for 2018, according to the company......»»
Apple doubles China donations for COVID-19 recovery efforts
Apple more than doubled its donation to China's efforts to fight COVID-19 to over 50 million yuan ($7 million), CEO Tim Cook posted on Weibo on Wednesday, weeks after the iPhone maker said it had opened all its 42 stores in one of its largest markets......»»
Coronavirus live updates: More than 27,000 people are dead, over half a million have been infected, and the US has the world"s largest outbreak
Getty The coronavirus has killed more than 27,000 people and infected over 593,000 around the world. It has hit at least 176 countries and territories. The US surpassed China as the world's largest outbre.....»»
The world"s largest luxury conglomerate orders 40 million masks from China to support coronavirus pandemic in France
Reuters LVMH is ordering 40 million health masks from China to give to the French health service. The first order of 10 million masks will be distributed to those in need ear.....»»
Roughly 5 million people in China lost their jobs in the first 2 months of the year
The jump in unemployment was just one of several data points released Monday that showed how severely the virus has hit growth in the world's second-largest economy......»»
Italy"s coronavirus death toll shot up to 366 in a day as the country put 16 million people on lockdown
Antonio Masiello/Getty Images Italy's death toll amid the novel coronavirus outbreak shot up 133 in one day, marking 366 deaths in the country. The new figures make the country home to the largest number of infections outside China, and surp.....»»
China-based Molecular Data prices IPO to raise $62 million
Molecular Data Inc. said Monday that its initial public offering of American depositary shares (ADS) priced at $5.38 per ADS, as the China-based e-commerce platform for the chemical industry raised $61.87 million. The comp.....»»
Cramer: Costco has a China problem — and it"s not tariffs
The problem is Shanghai, a city of nearly 25 million people, has only one Costco store, CNBC's Jim Cramer said......»»
Cramer: Costco has a China problem – and it"s not tariffs
The problem is Shanghai, a city of nearly 25 million people, has only one Costco store, CNBC's Jim Cramer said......»»