Posts Tagged ‘Business’

Alibaba Gambles On Smart City Development In Macau

Alibaba and the government of Macau Special Administrative Region signed a strategic cooperation framework agreement for the construction of smart …


Skytech, Ant Financial Sign Cooperation Framework Agreement

Chinese software, integrated system, and technical services provider Skytech announced that the group has signed a cooperation framework agreement with …


Uber Will Suspend Services In Taiwan

Taiwanese Uber drivers and riders are going to see their apps become unresponsive tomorrow. Uber announced that the company would …


Truly International Sues Letv Zhixin To Get Back CNY240 Million Investment

Truly International Holdings Limited is using the courts to go after a subsidiary of embattled Chinese tech firm LeEco. Truly …


Hong Kong Loses Tech Business Champion

Mark O. Clift, the chief operating officer of Hong Kong’s technology hub, passed away this week. The news was confirmed …


Ride Sharing Services Are Driving Meituan-Dianping In China

Combining group buying with restaurant deals and ride sharing is now on Meituan-Dianping’s menu. The merged company Meituan-Dianping has morphed …


Midea’s Acquisition Of Kuka Gains Full Approval

German industrial robot manufacturer Kuka Group announced that the Committee on Foreign Investment in the United States and Directorate of …


Chinese Government Joins Hands With Companies To Promote VR

virtual realityThe Industry of Virtual Reality Alliance has been established in China as part of the government’s effort to partner with …


Meituan Dianping Gains Payment License Via Acquisition

QiandaiInternet lifestyle service and group buying platform Meituan Dianping announced that they have completed the acquisition of Qiandai.com, a third-party …


Ban On Foreign Investment In Chinese Tech Businesses Scuttles Deal

USA dollars and moneyThe frustrations for foreign companies doing business in China are on display in a new incident that shows how government …