Though the fall of the Iron Curtain in 1989 did not bring about the perpetual peace and prosperity that some imagined, it did set in motion some true success stories. One of the most impressive is Poland’s rise as a political and economic heavyweight in Europe.
2014-11-04
Alibaba Group Holding Limited says its revenue grew as it announced its financial results for the quarter ended September 30, 2014. The e-commerce company's revenue increased to USD2.74 billion in the quarter ended September 30, 2014, up nearly 54% year on year. Mobile revenue increased by 1,020.2% year on year to USD606 million in the […]
2014-11-04
Beijing-based P2P (peer to peer) car sharing platform PPzuche.com has received US$60 million series B financing led by Morningside Ventures, according to Chinese media reports. Source Code Capital, Sequoia Capital, Mingshi Capital and Qingliu Capital all participated. The company says it will use the proceeds to expand into more markets and improve its business operations. […]
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2014-11-04
BofA Merrill Lynch Global Research says it has launched the BofA Merrill Lynch Green Bond Index to track the performance of debt issued by quasi-governments and corporations where the proceeds of the issue are to be used solely for projects and activities that promote climate or other environmental sustainability purposes, according to a company announcement. […]
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2014-11-04
Police crack down on gangs using web marketplaces to trade in firearms parts
2014-11-04
Revenues plunge 23% as China’s anti-graft and austerity campaigns bite
2014-11-04
European private banking and asset management firm Edmond de Rothschild Group is targeting to raising €150 million (US$188 million) for its second fund dedicated to investing in China, according to media reports. The fund, which is denominated in Euros, will deploy capital toward Chinese companies in the healthcare, consumer and services, as well as clean […]
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2014-11-04
Chinese companies dominated global technology initial public offerings, accounting for over 50% of the volume and 93% of proceeds during the third quarter, according to data released by consultancy firm PwC. Of the 18 tech IPOs completed globally during the third quarter, 10 were Chinese companies. Eight Chinese companies completed IPOs on Chinese exchanges compared […]
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2014-11-04
Credit tightens for SMEs as growth slowdown reduces risk appetite
2014-11-04
Beijing-based Chinese conglomerate Legend Holdings Corporation has made a strategic investment in Internet P2P (peer to peer) lending platform Eloan.com, according to a company announcement. No specific details of the investment are disclosed. The investment follows September's US$50 million series B investment in mobile financial app Tongbanjie by Legend Capital, a private equity and venture […]
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2014-11-04
Blued, a Chinese gay dating app, says it has received US$30 million series B round of financing led by venture capital firm DCM, according to a statement on its official Weibo accout. The latest round of financing will be used to recruit more talents and improve product and services, says Blued's founder, Geng Le. David […]
Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.
2014-11-04
Shifts in investment patterns and internal problems signal end to strong growth
2014-11-04
Beijing plans to improve care for its 1.4bn citizens, but distrust of private hospitals is a hurdle