Archive for the ‘investment’ Category
Wednesday, October 21st, 2009
Zhang Hui, president of Tengchuang Technology, told local media that the company has gained over CNY100 million in investment from Legend Capital, an independent venture capital subsidiary of Legend Holdings Ltd.
Founded by Lenovo Group's former senior vice president Yu Bing, Tengchuang Technology is a professional information technology retail chain supplier in China. With the over [...]
Posted in Beijing, Business, Dongguan, Gadgets & Electronics, Guangzhou, Hangzhou, Legend, Lenovo, Nanjing, Shanghai, Tengchuang Technology, Yu Bing, investment, retail | No Comments »
Thursday, September 17th, 2009
PT Hutchison CP Telecommunications, a subsidiary of Hutchison Telecommunications International Limited, has signed a USD422.2 million contract with the Chinese telecom equipment manufacturer Huawei to expand its network in Indonesia.
According to the report published by HTIL, the company plans to buy equipment and infrastructure valued at USD307.2 million from Huawei before January 1, 2011, and [...]
Posted in HTIL, Huawei, Hutchison, Indonesia, Telecom & Wireless, investment | No Comments »
Tuesday, September 15th, 2009
Four years after acquiring a 40% stake in China-based Alibaba Group for USD1 billion, Yahoo has sold all of its shares in Alibaba.com, a subsidiary of Alibaba Group, for about USD150 million.
Yahoo still retains its 40% stake in the unlisted Alibaba Group, but its relinquishment of shares in the e-commerce subsidiary Alibaba.com is a sign [...]
Posted in Alibaba, Business, Internet, Jack Ma, Koubei, Yahoo, e-commerce, investment, online shopping | No Comments »
Friday, September 11th, 2009
Chinese online game company Linekong Entertainment Technology has announced that it has signed an online game export agreement with FPT Online, a Vietnamese online game operator, to authorize the latter to operator its online game product "Journey to the West" in Vietnam.
FPT Online, which gains the operating rights for USD1 million, is a subsidiary of [...]
Posted in FPT Online, Internet, Internet game, Journey to the West, Linekong, Vietnam, investment, online game | No Comments »
Friday, September 11th, 2009
China Mobile Guangxi, a subsidiary of China Mobile, has just released a corporate social responsibility report.
Different from the CSR reports of others which are usually released annually, China Mobile Guangxi's report is the first one that covers a total period of ten years (1999-2009). Obviously the company believes that it is better late than never [...]
Posted in 3G, Business, CSR, China CSR, China Mobile, Guangxi, LTE, TD, TD-LTE, Telecom & Wireless, Wireless, corporate citizenship, corporate social responsibility, investment, mobile, rural, sustainability | No Comments »
Friday, September 11th, 2009
Legend Holdings, the parent company of the Chinese PC maker Lenovo Group, has announced that China Oceanwide Holdings Group, a Chinese real estate development company, has become the third major shareholder of Legend Holdings, and Liu Chuanzhi, chairman of Lenovo and president of Legend Holdings, was appointed new chairman of Legend Holdings.
According to reports in [...]
Posted in Business, China Oceanwide, Computing, Deng Maicun, Legend, Lenovo, Liu Chuanzhi, Lu Zhiqiang, PC, Zeng Maochao, Zhu Linan, computer, investment | No Comments »
Tuesday, September 8th, 2009
Chinese outsourcing giant Neusoft Corporation has announced that it has signed an agreement with the Finnish software company Sesca Group to acquire 100% stakes in its three subsidiaries for about EUR12 million.
According to the agreement, Sesca's subsidiaries, Sesca Mobile Software Oy, Almitas Oy, and Romania-based Sesca Technologies SRL will be integrated into Neusoft's global mobile [...]
Posted in Almitas Oy, Business, Finland, ICT, Neusoft, Romania, Sesca, Software, Wang Zidong, investment, mobile, offshore, outsource | No Comments »
Tuesday, September 8th, 2009
According to reports in Taiwanese local media, Hon Hai Precision Industry's board of directors has decided to enhance investment in e-books and 3C retail channel construction in mainland China.
The company will invest a total amount of USD33.26 million in five projects, including the investment of USD1.587 million in the mold production and sales company Wuxi [...]
Posted in 3C, CyberMart, Gadgets & Electronics, Hon Hai, LCD, Pan-International, Qinhuangdao, Taiwan, Wuxi, e-book, home appliance, investment, retail | No Comments »
Monday, September 7th, 2009
China Unicom and Telefonica have agreed both to cooperate in various business areas such as joint acquisitions and to push forward a share swap.
Both parties have entered into a subscription agreement in which China Unicom and Telefonica agreed to invest the equivalent of USD1 billion in the other party through the acquisition of each party's [...]
Posted in 3G, Business, Cesar Alierta, Chang Xiaobing, China Unicom, Telecom & Wireless, Telefonica, WCDMA, Wireless, broadband, investment, mobile, share swap | No Comments »
Thursday, September 3rd, 2009
Chinese e-commerce and auction website Taobao.com has launched an initiative based on TaobaoOpenPlatform to provide funds to support software developers in China.
In addition, Taobao will start a program targeting its business partners to assist them in developing software at Taobao.com to win more market space. Taobao says that it hopes to attract more outstanding developers [...]
Posted in Alibaba, Internet, Internet auction, Software, Taobao, Wang Wenbin, e-commerce, investment, online auction, subsidy | No Comments »
