Alibaba Group Holding Limited and Suning Commerce Group Limited have agreed to form an extensive strategic alliance to create a far-reaching O2O (online-to-offline) e-commerce platform, according to a company announcement. Alibaba says it will invest approximately RMB28.3 billion (US$4.63 billion) for a 19.99% stake in Suning, one of the largest consumer electronics retail chains in […]

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Other Asian states want to squash Beijing’s leadership ambitions, writes Philip Bowring

IDG Capital and the Carlyle Group have agreed to invest as much as US$1 billion in Chinese real estate online portal SouFun Holdings Limited, according to a company announcement. The pair, together with SouFun's founder and CEO Vincent Mo, are to purchase SouFun's newly issued shares at US$7.45 per American Depository Share (ADS), a 3% […]

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One of the greatest challenges facing women in much of the developing world is the gap between their legal rights and their ability as individuals to claim them. But that could soon change, thanks to a case brought to the UN by two Tanzanian widows who…

When Prime Minister Narendra Modi invited US President Barack Obama to attend India’s Republic Day ceremonies earlier this year, it signaled an important change in bilateral relations. No one should expect an Indian-American alliance any time soon, but several factors are likely to strengthen the relationship in the coming years.

Beijing-based installment-based online shopping platform Qufenqi.com has completed a new round of financing from undisclosed investors, according to Chinese media reports citing the company's CEO. Launched in March 2014, Qufenqi.com has completed five funding rounds in less than 18 months. It received series A investment from BlueRun Ventures; and series B funding from Source Code […]

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The United Nations' Global Compact China Network just completed its gathering in Beijing. The event titled 2015 China Summit on Caring for Climate concluded at the end of last month and included several hundred business leaders, academicians and government officials, as well Rae Kwon Chung, principal adviser to United Nations Secretary-General on Climate Change, and […]

Toyota will reorganize its operations in Tianjin by improving and automating some processes on existing production lines, while also establishing a new line in the Chinese factory. The new production line with an annual capacity…

Chinese online classifieds services company 58.com Inc. has acquired a 70% equity stake in a Chinese automotive information service. 58.com's investment in Leftbrain, a technology company that is listed on China's National Equities and Exchange and Quotation, is for a total consideration of CNY100 million in cash. Leftbrain owns and operates XGO.com.cn, an automotive information […]