Posts Tagged ‘initial public offering’
No News Is Good News For Netease In China
September 14th, 2016
“Panem et Circenses” (bread and circuses) was used in ancient Rome to curtail revolts and appease the citizenry. In today’s …
Ant Financial Aims To Become Giant With USD3.1 Billion Infusion
March 9th, 2016
Ant Financial, the Internet financial affiliate of Alibaba Group, plans to raise CNY20 billion, which is about USD3.1 billion, in …
Chinese Internet Loan Platform Eyes IPO In U.S.
December 15th, 2015
Chinese P2P loan company China Rapid Finance plans to launch an initial public offering in America in the first half of 2016, and the company aims to raise up to USD200 million. According to reports in foreign media, Morgan Stanley, Citibank, and Jefferies are handling the deal and China Rapid Finance may choose to be […]
Deciphering Alibaba CEO’s Letter To Investors
September 8th, 2014
China’s Alibaba starts selling stakes in its Cayman Island company Alibaba Group Holding Limited today in the United States. In a “Letter From Jack Ma” which was filed last Friday with the Securities and Exchange Commission, Ma “Jack” Yun outlines expectations, caveats, and hopes for armchair investors in his extended family of Chinese e-commerce businesses. […]
Chinese Internet Security Firm Hires Former Government Spokesperson
June 10th, 2014
Showcasing perhaps the closeness between Chinese technology firms and the Chinese government’s upper echelons, Qihoo 360 has hired a former top Chinese official as a vice president. The Chinese Internet security company confirmed to local media that Chen Xitong, former spokesperson for the General Administration of Quality Supervision, Inspection and Quarantine of China, has resigned […]
LightInTheBox Says Allegations Of Violations Are Without Merit
September 1st, 2013
Beijing-based e-commerce firm LightInTheBox Holding Company Ltd. is facing a possible securities class action lawsuit against it and some of its senior officers. Law firm Robbins Geller Rudman & Dowd LLP says that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of […]
China’s Tudou.com Reinvigorates IPO Plans As CEO Settles Marital Dispute
June 17th, 2011
Amid a thunderous drop in Chinese companies’ market capitalization in recent weeks, Tudou.com has filed an amendment to its filing for an initial public offering in the United States to raise money for its online video operations in China. In filings issued hours ago, Tudou Holdings Limited says a lawsuit between Chairman and CEO Gary […]
Facebook Hits The Same Wall As Apple In China
October 23rd, 2014
The leaders of Facebook and Apple were in China this past week on separate missions with the same goal: gain better transparency and more access to the Chinese market. Facebook’s Mark Zuckerberg was in Beijing for an event at a local university, and Apple’s Tim Cook met with Chinese Vice Premier Ma Kai to review […]