It probably hurts to be a manager at Lenovo today. Nearly all of the company’s business groups face upheaval in …
China’s Letv and the luxury British sports car manufacturer Aston Martin signed an electric car joint venture MOU in Frankfurt, …
China’s BesTV says it will team with Microsoft to invest USD79 million in the establishment of a joint venture named Shanghai Baijiahe Information Technology Development Company Limited for the creation of China-made gaming consoles. With USD40.29 million cash investment, BesTV will hold a 51% stake in the joint venture; while Microsoft, with USD38.71 million cash […]
China’s Inspur Group published its financial report for 2012, stating that its total operating revenue reached CNY40.1 billion, a year-on-year increase of 9% compared with the CNY36.68 billion in 2011.
Chinese Internet video website Letv.com announced that it is working with Foxconn in the establishment of a joint venture for the production of super TVs and set-top boxes, which are expected to be formally launched in the third quarter of 2013.
Alibaba’s cloud computing platform’s five systems, including cloud computing, large-scale storage, cloud network, data crunching, and Yun OS, will be integrated and renamed the Feitian platform.
With an eye towards a potential overseas initial public offering, Chinese B2C e-commerce website 360buy.com has started the public beta testing of its English-language website, directly selling products to overseas buyers.
Chinese B2C e-commerce website 360buy.com has published its latest operating statistics, stating that by April 2012, the company had gained 40 million registered users and its order volume reached 400,000 each month in March and April this year.
The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has completed its A-round financing and gained nearly CNY100 million investments from four organizations in China.
The China International Electronic Commerce Center, an affiliate of China’s Ministry of Commerce, is now using the CDC TradeBeam global trade management software-as-a-service solution for the China Free Trade Area Service Network.
Taiwan Foxconn Technology Group has decided to build a new plant in Jundiai, an inland city in Sao Paulo, Brazil, for the assembly of Apple’s iPad and iPhone products.
