Shanghai-based online grocery platform Dingdong, which listed in the US last summer, trimmed losses by 12% in Q4 of 2021, as the firm battles with better-funded rivals, reports Caixin. In th... Read more
Chinese fast-fashion firm Shein is expanding its presence in Singapore after making a Singapore-based business its de facto holding company, reports Reuters. According to a document, Chris X... Read more
The chief executive of Yum China, the company that operates KFC and Pizza Hut in China, said on Wednesday that the company’s network of outlets rose through the pandemic, despite the size of... Read more
China Cinda Asset Management, one of China’s major state-owned asset managers, has announced plans to withdraw from an agreement to purchase a 20% stake in Ant Group’s consumer finance... Read more
The private investor consortium buying online recruitment firm 51job is lowering its takeover bid by around 28%, as stricter regulation continues to affect the country’s technology sector, r... Read more
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