BUSINESS >> Companies

Tech firm trio 'TMD' has promising future in app market: US investment banker

A new trinity of Chinese tech companies has a promising future in the market, a US investment banker said Wednesday.
Source: Xinhua-Global Times | 2018/1/28 16:33:39

2018 banner year for industry, cloud integration: Alibaba Cloud president

With the levels of cloud adoption rising globally over the years, there is consensus that cloud computing will play a fundamental role in propelling the next stage of technological advancement, Alibaba Cloud president Simon Hu says in an interview with Xinhua.
Source: Xinhua | 2018/1/27 7:53:09

DiDi sets up AI labs

Chinese ride-sharer Didi Chuxing has opened artificial intelligence labs to develop new transportation ideas, the company announced Friday.
Source: Xinhua | 2018/1/27 7:49:19

Partnership with Alibaba brings more Chinese sellers to SE Asia: local online shopping platform Lazada

Pet cages, smart phone cases and cheongsam, a traditional Chinese dress for women, were only a few of the popular items on Lazada in recent years, as the Southeast Asian online shopping platform wants to find some more of such best-selling items.
Source: Xinhua | 2018/1/27 7:35:59

Boeing disappointed over loss of trade battle with Canadian rival

US aerospace leader Boeing company Friday expressed disappointment over a decision of a US trade regulator that favors its Canadian rival in a trade dispute.
Source: Xinhua | 2018/1/27 7:28:07

Chinese smartphone manufacturers oppose Qualcomm-Broadcom deal

Chinese smartphone manufacturers - Oppo, Vivo, Xiaomi, ZTE and Lenovo - on Thursday united in their opposition to US chip maker Broadcom Corp's move to buy its rival Qualcomm, domestic news site cb.com.cn reported on Friday.
Source: Global Times | 2018/1/26 20:48:40

Reputation on the line

A recently unveiled data falsification scandal in Japan's renowned iPS research has triggered concerns among scientists over possible damage to the reputation of the country's prestigious scientific research.
Source: Xinhua | 2018/1/26 5:03:41

China accelerates building of science and technology innovation hubs

China is accelerating in the construction of advanced scientific research centers.
Source: Xinhua | 2018/1/26 5:03:41

BYD electric buses go to Egypt

Chinese new-energy carmaker BYD will deliver 15 of K9 12-meter pure electric buses and 18 charging poles to Alexandria, Egypt's second-largest city. This is the first batch of pure electric buses to Egypt.
Source: Global Times | 2018/1/25 22:38:40

Bilibili plans $400m US IPO

China's online anime-streaming platform bilibili.com is planning an IPO in New York to raise as much as $400 million, IFR reported on Tuesday.
Source: Global Times | 2018/1/25 22:38:40

DiDi promotes smart traffic product

Chinese ride-hailing company DiDi Chuxing launched its smart traffic product named “traffic brain” at a summit in Beijing on Thursday, seeking to optimize urban traffic systems using artificial intelligence.
Source: Global Times | 2018/1/25 22:33:40

Reform needed in private health sector

New features in the hospital service sector are prompting China's private hospitals to change their path of development, according to a report released by consulting firm BCG on Thursday.
Source: Global Times | 2018/1/25 22:33:40

Alipay enters Israeli market

China's online mobile payment tool Alipay announced it will enter Israel, bringing mobile payment services to the Middle East.
Source: Global Times | 2018/1/25 22:33:40

Sinovel 'will protect interests' after US court rules against it

Chinese wind turbine maker Sinovel said it is “fully prepared and will take proactive measures to protect its interests,” after the company was convicted on Wednesday of multiple US court charges of trade-secret theft that may lead to fines of millions of dollars on the company.
Source: Global Times | 2018/1/25 22:28:40

Canada Goose sues e-commerce vendors over 'counterfeit' coats

Some vendors on e-commerce platforms like taobao.com are selling goods to Chinese customers that they claim were produced by luxury winter coat company Canada Goose, which are described as “certificated products” but at a much lower price than the Canadian company charges.
Source: Global Times | 2018/1/25 22:28:40

Figuratively Speaking

China's natural gas consumption in 2018, up 14 percent year-on-year, said a Morgan Stanley report on Thursday.
Source: Global Times | 2018/1/25 21:53:39

Alibaba, US grocery chain Kroger hold talks on business development: source

Chinese e-commerce and technology company Alibaba Group Holding and US grocer Kroger Co have had early discussions on working together, including a meeting in which US executives traveled to China, a source familiar with the matter said.
Source: Reuters | 2018/1/25 21:38:40

South Korean companies view China with fresh eye

The Chinese branch of South Korea's Lotte Group, one of that country's largest holding companies, confirmed to the Global Times on Thursday media reports that its homeshopping subsidiary may sell a 49 percent stake to a Chinese company.
Source: Global Times | 2018/1/25 21:38:39