Adam Jourdan
Stories by Adam Jourdan
Tencent-backed WeDoctor raises $500m in pre-IPO funding at $5.5b valuation
The investment round was led by AIA Company Ltd, part of Hong Kong-listed insurer AIA Group Ltd, and infrastructure and services group NWS Holdings Lt
China’s HNA Group sells property developer unit in $456m deal
HNA Investment Group Co Ltd will sell a subsidiary focused on property assets to developer Fusheng Group
Ctrip says would welcome chance to list in China via depositary receipts
Ctrip first floated shares on the NASDAQ market in the United States 15 years ago as part of a wave of Chinese tech companies lured by high valuations
Walmart backs Tencent in its war against Alibaba in fast growing payments space
The move underscores how China's retail market is dividing into two camps around Alibaba and Tencent.
Taiwan’s Foxconn subsidiary wins CSRC approval for Shanghai IPO
Foxconn has been aiming to list the unit, Foxconn Industrial Internet Co Ltd (FII).
Chinese tech giants Alibaba, Tencent rally troops amid $10b retail battle
Alibaba has invested even more heavily in Suning.com, Intime Retail, Sanjiang Shopping Club, Lianhua Supermarket, Wanda Film and Easyhome.
China’s JD.com raises $2.5b for logistics arm led by Hillhouse, Sequoia, Tencent, others
JD Logistics was valued at $10.9 billion prior to the new funding.
China’s Shanda Games confirms $474m investment from Tencent
China is the world's largest video games market, registering an estimated $32.5 billion in sales last year,
China’s Didi, SoftBank plan to launch taxi service venture in Japan
SoftBank is an existing investor in Didi, which raised $4 billion to fund its global push in December.
Alibaba to take $486m stake in local data firm in offline retail push
Alibaba has been beefing up its retail presence with more than $10 billion of investments into brick-and-mortar outlets amid rising competition in the
