Charleston Lim
Writer
The Latest
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TikTok-Owner ByteDance Private Valuation Reportedly Surpasses $100 Billion
Sources claim that ByteDance managed to significantly increase its private market valuation through a private share transaction. 
Sources claim that ByteDance managed to significantly increase its private market valuation through a private share transaction. -
Johnson & Johnson To Stop Selling Baby Talc Powder In North America
Johnson & Johnson will halt the shipment of its talc-based baby powder in the US and Canada due to the ongoing litigations it is facing because of the product. 
Johnson & Johnson will halt the shipment of its talc-based baby powder in the US and Canada due to the ongoing litigations it is facing because of the product. -
Investors Sell Off Shares As Trading Of Luckin Coffee Stocks Resume
Luckin Coffee's share prices dropped by a further 35 percent to $2.84 per share after trading of its stock on the NASDAQ was resumed. 
Luckin Coffee's share prices dropped by a further 35 percent to $2.84 per share after trading of its stock on the NASDAQ was resumed. -
Lenovo Reports Better-Than-Expected Full Year Results
Lenovo's Intelligent Devices Group (IDG), specifically its PC and Smart Devices business, boosted the company's revenues over $50 billion for its latest fiscal year. 
Lenovo's Intelligent Devices Group (IDG), specifically its PC and Smart Devices business, boosted the company's revenues over $50 billion for its latest fiscal year. -
Facebook Launches New Shops Feature For Businesses
Facebook launched a new service on its platform that will allow businesses to open their own online store to sell their products. 
Facebook launched a new service on its platform that will allow businesses to open their own online store to sell their products. -
Xpeng Motors Greenlit To Independently Assemble Electric Vehicles
Xpeng was granted by the Ministry of Industry and Information Technology a license to independently produce its electric vehicles, including its new fully-electric sports car, the Xpeng P7. 
Xpeng was granted by the Ministry of Industry and Information Technology a license to independently produce its electric vehicles, including its new fully-electric sports car, the Xpeng P7. -
Kohl's Exits Eight Underperforming Women's Apparel Brands
Iconic women's apparel brands such as Jennifer Lopez, Popsugar, Dana Buchman, Elle, and Juicy Couture will no longer be available at Kohl's department stores. 
Iconic women's apparel brands such as Jennifer Lopez, Popsugar, Dana Buchman, Elle, and Juicy Couture will no longer be available at Kohl's department stores. -
Coca-Cola Builds World's Fastest Bottling Production Line In China
COFCO Coca-Cola Beverages Ltd's enhanced facility in Chengdu is capable of producing 120,000 cans of soda per hour. 
COFCO Coca-Cola Beverages Ltd's enhanced facility in Chengdu is capable of producing 120,000 cans of soda per hour. -
CK Asset Acquires Plot Of Land In Hong Kong At Low End Of Market Expectations
CK Asset acquired the parcel of land on Kwun Tong's Anderson Road for a fraction of what another developer had paid for a nearby property in 2018. 
CK Asset acquired the parcel of land on Kwun Tong's Anderson Road for a fraction of what another developer had paid for a nearby property in 2018. -
China Pushing For Local Companies To List In London Instead Of US
Chinese authorities are pushing for the increased use of the Shanghai-London Stock Connect scheme to have more local companies list their shares in Europe. 
Chinese authorities are pushing for the increased use of the Shanghai-London Stock Connect scheme to have more local companies list their shares in Europe.
