Bloomberg
Stories by Bloomberg
Lenovo working with CICC on planned $1.5b listing in Shanghai
Proposed offering still needs approval from shareholders and regulators.
SoftBank leads $360m funding round in Chinese workout app Keep at $2b valuation
Coronavirus-driven gym closures have prompted more users to exercise in their homes.
China’s new laws take aim at global firms that comply with US sanctions
Chinese firms can sue in local courts if their interests are damaged by foreign laws.
Goldman-backed car maintenance startup Tuhu looks to raise at least $200m
The company is looking at a valuation of $4b, and is also considering an IPO this year.
Tencent invests $100m to boost stake in grocery app Xingsheng Youxuan
The current funding round could precede an IPO though timing and listing venue are still not finalised.
Germany’s Delivery Hero raising up to $1.6b in war chest for deals
Delivery Hero claims to be the largest food delivery provider outside China.
Chinese bubble tea chain Naixue owner raises $100m Series C led by PAG
The round values the firm at $2 billion.
The mild, the bad and the nightmarish: Three possible scenarios for China’s Ant Group
Regulators have asked Ant to come up with a plan and timetable to overhaul its business.
Chinese regulators order Ant to return to its roots in payments services
The move threatens to throttle its consumer loans and wealth management businesses.
US printing firm R.R. Donnelley mulls sale of business in Asia Pacific
RRD is seeking about $800 million from the potential disposal.
