Service key to online sales of air conditioners
As summer temperatures have soared in China, so have searches for "air conditioner" on online marketplaces such as Tmall, Taobao, Suning and JD.
Haier acquires GE Appliances
Haier Group, China's biggest maker of household appliances, has signed closing documents for the company's acquisition of General Electric (GE)'s home appliance business, according to an announcement made by the two sides.
Midea bids for control of German robot-maker Kuka with $5.16b
Midea Group, China's biggest maker of home appliances based in Foshan, Guangdong province, launched on Thursday a voluntary public tender offer for all shares above its current 13.5 percent stake in Kuka AG, a global technology leader in robotics and automation.
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