Tag Archives: China Grand Auto

Alibaba Eyes Used Cars, Korea, Mid-Sept IPO

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Alibaba ties up with China Grand Auto

E-commerce leader Alibaba is supposedly in a quiet period in the run-up to its upcoming multibillion-dollar IPO, but you would never know that based on the steady stream of headlines that keep emerging about the company. In all fairness, many of the IPO-related headlines are probably coming from investment banking sources who are trying to hype the offer that could be the world’s biggest ever by a tech firm. But I suspect many of those reports are probably coming from company sources, including the latest reports that Alibaba is preparing to launch a used car e-commerce platform and move into South Korea. Read Full Post…

News Digest: August 19, 2014

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The following press releases and media reports about Chinese companies were carried on August 19. To view a full article or story, click on the link next to the headline.
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  • Alibaba, China Grand Auto To Set Up Used Car E-commerce Platform – Source (Chinese article)
  • Anti-Trust Probe Ends For 12 Automakers, Fines To Total More Than 1 Bln Yuan (Chinese article)
  • Jumei (NYSE: JMEI) Reports Unaudited Q2 Financial Results (PRNewswire)
  • Baidu (Nasdaq: BIDU) Partners With UN To Tackle E-waste In China (English article)
  • Bank Of China (HKEx: 3988) Applies To Issue 60 Bln Yuan In Preferred Shares (HKEx announcement)
  • Latest calendar for Q2 earnings reports (Earnings calendar)