McDonald's builds ties with Evergrande to speed up expansion in ChinaMcDonald's builds ties with Evergrande to speed up expansion in ChinaNearly half a year after McDonald's agreed to cede a controlling stake in its outlets in the Chinese mainland and Hong Kong to Chinese state-backed CITIC Ltd and CITIC Capital in a $2.08 billion deal, the US fast food chain has shifted its focus to property developers which it can piggyback to accel

Tencent's startup investment frenzy now reaches outer spaceTencent's startup investment frenzy now reaches outer spaceTencent Holdings Ltd. is best known for super-app WeChat and its relentless pace of startup investment. Now the Chinese social media gian…

Mobike eyes British market in global competition with rival ofoMobike eyes British market in global competition with rival ofoChina's leading bike-sharing firm Mobike will make inroads into Britain on June 29, a latest push in its global expansion that started wi…

Chinese regulators formulate standards to guide smart home industryChinese regulators formulate standards to guide smart home industryOver the past few weeks, artificial intelligence (AI) robots made the headlines twice —with Google’s AlphaGo defeating world Go No.1 Ke…

Chinese overseas M&A investment surged 148% in 2016: Hurun reportChinese overseas M&A investment surged 148% in 2016: Hurun reportChinese companies’ cross-border mergers and acquisition (M&A) deals surged both in number and amount in 2016, with private businesses an…

China’s online cosmetics retailer to scale up investment in shared phone chargersChina’s online cosmetics retailer to scale up investment in shared phone chargersJumei’s CEO Chen Ou claimed he’ll continue to invest into shared power bank company Ankerbox by $100 million on Saturday, in bid to boo…

Chinese game company to buy out US Gay Dating App GrindrChinese game company to buy out US Gay Dating App GrindrBeijing Kunlun Tech Co., a Chinese Internet games company, said yesterday it will offer $152 million for the remaining 38.47 percent stak…



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