Pinduoduo Blows Past JD.Com to Become China's No. 4 Internet Firm by Value
It has taken Pinduoduo just four years to become China's fourth-biggest internet company by market capitalization after its stock price jumped over 12.5 percent yesterday, valuing the e-commerce giant at almost USD46.5 billion, compared with rival JD.Com's USD44.8 billion...
Read More →Haier Group's Japan Unit AQUA Opens "AQUA Laundry Shop" in Chinese City of Qingdao
AQUA Co., Ltd., a unit of China's consumer electronics and appliances manufacturer Haier Group which holds a major share of the global white goods market, opened "AQUA Laundry Shop" at Haier Cloud Park in the Laoshan district of Qingdao City, Shandong Province, China, on September 19 (Thursday), 201...
Read More →AUX Kicks off Structure Completion Ceremony for Its Smart Manufacturing Base in Thailand
AUX held "Belt and Road" Thailand Base Structure Completion Ceremony & AUX "Belt and Road" Strategic Partnership Conference in Rayong, Thailand...
Read More →Haier Launches Production of the First Chinese Real-time Manufacturing Facility in Europe
Haier, China's largest consumer electronics and home appliance producer, today announces the launch of production of the Haier Russian Industrial Park and Laundry Appliances Plant in Naberezhnye Chelny, Russia...
Read More →Iflytek's First-Half Profit Leaps 45% on Multi-Sector Expansion
Chinese voice technology specialist Iflytek pocketed some CNY189 million (USD27 million) in net profit during the first half of this year, a 45 percent surge after promotions boosted sales across a range of industries...
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