Alibaba Health raises $1.3bln in HK's biggest secondary share sale in 5 years
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Alibaba Health raises $1.3bln in HK's biggest secondary share sale in 5 years
HONG KONG - Alibaba Health Information Technology has raised nearly $1.3 billion in Hong Kong's largest follow-on share sale since 2015, and industry experts say this could prompt more firms to tap investors for cash in the Asian financial hub. The Chinese company, an arm of internet retail giant A»»»
Cross-border e-commerce adds vitality to growth in SW China
CHONGQING - As a new channel for foreign trade, cross-border e-commerce has been injecting endless vitality into Chongqing municipality, a Southwest inland city with massive import and export potential. At the 4th Western China International Fair for Investment and Trade (WCIFIT), held from Thursda»»»
Beyond Meat to sell plant-based patties Brazil, world's No. 3 beef consumer
CHICAGO (Reuters) - Beyond Meat Inc (BYND.O) said on Wednesday it will sell plant-based burgers and sausages at a Brazilian high-end supermarket chain, entering the country about two weeks after launching in mainland China’s retail market through Alibaba Group’s (BABA.N) Freshippo markets. Starting»»»
Shanghai seeks to reassure residents over COVID-hit supplies
(TAP) - Shanghai reported nearly 25,000 locally transmitted COVID-19 infections on Sunday and sought to assure locked-down residents of China's most populous city that supply bottlenecks affecting availability of food and other items would ease. Streets remained largely silent in the city of 26 mil»»»
Billionaires: Gautam Adani loses $13bn in worst wealth rout after sell-off in group stocks
Indian billionaire Gautam Adani’s dream run up the global wealth rankings faltered after a media report that raised questions about some offshore investors triggered a rout in his conglomerate’s six listed stocks. The tycoon lost more money than anyone else in the world over the past week, with his»»»
Dubai-owned B2B marketplace Tradeling is out to win the percentage game
Dubai: The Dubai Government backed B2B marketplace, Tradeling, is clear on what it wants to aim for. “B2B transactions in the Gulf/Middle East online space make up only a fraction – say 1 per cent or even less than that – of a $1 trillion sized global market,” said Marius Ciavola, CEO at Tradeling,»»»
Economic Watch: Cross-border e-commerce adds vitality to growth in southwest China
CHONGQING, July 23 (Xinhua) -- As a new channel for foreign trade, cross-border e-commerce has been injecting endless vitality into Chongqing Municipality, a southwest inland city with massive import and export potential. At the 4th Western China International Fair for Investment and Trade (WCIFIT)»»»
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