Entries with no category
Alibaba and its executives may feel the sting of American jurisprudence as law firms line up for possible class action lawsuits in the United States against the Chinese e-commerce company. At least five law firms so far have expressed intentions to commence class actions against Alibaba. For example, a complain from Robbins Geller Rudman & Dowd LLP charges Alibaba ...
Alibaba Health Information Technology Limited has signed a strategic cooperation framework agreement with Shanghai Kingstar Winning Software to launch a range of e-medical services. According to the agreement, the two parties will share resources and collaborate in medical services, health services, pharmaceutical distribution, regulation, and medical insurance risk control. Financial terms ...
Chinese meal ordering platform Ele.me announced that the company has gained new investments of a whopping USD350 million and its investors including Tencent, JD.com, Dianping.com, Sequoia Capital, and CITIC Private Equity Funds. According to Ele.me, after the financing the company will still maintain its independent operation and will implement strategic cooperation with its investors. ...
Chinese telecom device maker ZTE recently revealed that the company achieved operating revenue of CNY81.242 billion in 2014 — a year-on-year increase of 7.99% — and its net profit attributable to shareholders reached a year-on-year increase of 94.17%. Meanwhile, the company reported that its operating profit was CNY104 million during the reporting period and its total profit was CNY3.629 billion, ...
Alibaba will prevent Chinese vendors from selling children's products that are considered dangerous or illegal to American consumers. The U.S. Consumer Product Safety Commission has provided a list of up to 15 products which are considered illegal or have been recalled by manufacturers. Those products include baby seats and powerful magnets, and they are currently being sold on Alibaba to global buyers. ...
Recent Visitors
Archive
Go to Profile
Mark as Read