Posts Tagged ‘ipo’

No News Is Good News For Netease In China

netease-news“Panem et Circenses” (bread and circuses) was used in ancient Rome to curtail revolts and appease the citizenry. In today’s …


Cloud Computing Adoption In China Adds More Net Profit For Unisplendour

UnisplendourUnisplendour Corporation Limited released its financial report for 2015 and showed that the company realized operating revenue of CNY13.35 billion, …


Is Alibaba Starting Its Own SME Investment Bank?

RMBWhat better way to cash-out your cronies, pay back local government officials, and inject some capital into s business than …


Qihoo 360’s Privatization Approved By NDRC

Qihoo360According to information published by an online regulatory approval platform for investment project under China’s National Development and Reform Commission, …


Ant Financial Aims To Become Giant With USD3.1 Billion Infusion

antAnt 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.

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 […]


Possible Class Action Suit Against Alibaba For Disclosure Failures

Alibaba and its executives may feel the sting of American jurisprudence as law firms line up for possible class action lawsuits in the United States against the Chinese e-commerce company. At least five law firms so far have expressed intentions to commence class actions against Alibaba. For example, a complain from Robbins Geller Rudman & […]


Facebook Hits The Same Wall As Apple In China

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 […]


Deciphering Alibaba CEO’s Letter To Investors

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. […]


Cheetah Mobile Acquires Hong Kong Online Marketing Company For USD30 Million

Cheetah Mobile, a subsidiary of Kingsoft, announced that the company has reached an agreement with Zoom Interactive, a Hong Kong online marketing company, on a full acquisition for USD30 million. The USD30 million consideration will reportedly include USD20 million in cash and about USD4 million in Cheetah Mobile restricted class A ordinary shares. In addition, […]