Charleston Lim
Writer
The Latest
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Pinduoduo Eyeing Rural China With $7.1 Billion Investment
Pinduouo's investment over the next five years is aimed at establishing retail programs specifically targeting China's rural areas. 
Pinduouo's investment over the next five years is aimed at establishing retail programs specifically targeting China's rural areas. -
Netflix Looking To Raise $1 Billion To Fund New Shows
Netflix plans to use the money to fund new content and for possible acquisition to expand its business in the US and abroad. 
Netflix plans to use the money to fund new content and for possible acquisition to expand its business in the US and abroad. -
Megvii Technology Said To Be Considering Star Market Listing
Sources claim that Megvii has already initiated talks to discuss the possibility of listing its shares on the country's NASDAQ-style tech innovation board. 
Sources claim that Megvii has already initiated talks to discuss the possibility of listing its shares on the country's NASDAQ-style tech innovation board. -
Facebook To Invest $5.7 Billion In Mukesh Ambani's Indian Businesses
The deal includes a 10 percent stake acquisition of Ambani's telecommunications company Reliance Jio Infocomm Limited. 
The deal includes a 10 percent stake acquisition of Ambani's telecommunications company Reliance Jio Infocomm Limited. -
Chipotle To Pay Record $25 Million Fine Over Food Safety Violations
Chipotle Mexican Grill has agreed to pay $25 million to settle ongoing criminal charges against it over its alleged food-safety violations. 
Chipotle Mexican Grill has agreed to pay $25 million to settle ongoing criminal charges against it over its alleged food-safety violations. -
China State Shipbuilding Signs $2.8 Billion Deal with Qatar National Oil Firm
CSSC's subsidiary Hudong-Zhonghua Shipbuilding will be manufacturing an undisclosed number of LNG carriers for Qatar Petroleum. 
CSSC's subsidiary Hudong-Zhonghua Shipbuilding will be manufacturing an undisclosed number of LNG carriers for Qatar Petroleum. -
UK Housing Market Expected To Lose $17.8 Billion This Year Amid Crisis
London-based property consultancy firm Knight Frank estimates that the Uk's housing market could experience losses of up to $17.8 billion due to the pandemic. 
London-based property consultancy firm Knight Frank estimates that the Uk's housing market could experience losses of up to $17.8 billion due to the pandemic. -
Chinese EV Firm BYD Reports 42 Percent Decline In 2019 Profits
BYD attributed the decline in its profits last year to the cutting of government subsidies for new energy vehicles. 
BYD attributed the decline in its profits last year to the cutting of government subsidies for new energy vehicles. -
Chinese Carriers Team Up With Huawei To Bring 5G To Mount Everest
China Telecom, China Unicom, and China Mobile had partnered with Huawei to deploy several 5G base stations in different camps within Mount Everest. 
China Telecom, China Unicom, and China Mobile had partnered with Huawei to deploy several 5G base stations in different camps within Mount Everest. -
Chinese Market Regulators Ramp Up Measures To Curb Securities Fraud
Following the Luckin Coffee fiasco, market regulators in China are now ramping up their efforts to curb illegal and fraudulent corporate behavior. 
Following the Luckin Coffee fiasco, market regulators in China are now ramping up their efforts to curb illegal and fraudulent corporate behavior.
