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News

Xiaomi secures $1b loan to aid retail, global expansion        2017-07-28

Xiaomi announced Friday that its wholly owned subsidiary Xiaomi HK Ltd has signed a three-year $1 billion syndicated loan agreement with 18 banks.

Beijing pushes service sector reforms        2017-07-28

Innovation in Beijing's service industry is attracting more professionals from around the world.

Didi executives ride over to boost the ranks of Ofo        2017-07-28

Three senior executives from China's biggest ride-hailing company Didi Chuxing have joined Chinese bike-sharing startup Ofo Inc.

Zangels unveils blueprint on investment expansion        2017-07-27

The Investment and Business China 2017 Summer Summit was held in Beijing on July 18.

Zhongguancun startup street walks path of success        2017-07-27

Zhongguancun Inno Way, a startup in Haidian district, Beijing recently got the thumbs up from national commission officials for its unremitting efforts to creating an entrepreneurial ecosystem.

Didi pumps mega money into regional Uber rival Grab        2017-07-26

Didi Chuxing announced on Monday that it will cooperate with Japanese telecom company Soft-Bank Group Corp to invest $2 billion in Grab.