Nokia has announced the completion of the transaction with the China Huaxin Post & Telecommunication Economy Development Center to create the Nokia Shanghai Bell joint venture. The deal marks the official launch of the Nokia Shanghai Bell business, which…
Jack Ma, the man who turned Alibaba into China’s dominant e-commerce platform, now has his sights set on global domination. Over the past year, Ma met business leaders and head of states in many countries to introduce his grand vision: small businesses from…
Taiwan’s mobile operators have completed the switch-off of their respective 2G networks. The switch-off on Saturday has left the nation’s remaining 2G holdouts unable to place any calls except for emergency calls, or send or receive text messages or use data…
Attendees of the dialogue on GMS Cross-border E-commerce Cooperation Platform held in Yunnan province, China earlier this month discussed how to develop cross-border e-commerce businesses of ASEAN countries. More than 100 representatives from e-commerce…
XPO Logistics has expanded its global supply chain support for Sealed Air Corporation with the launch of an integrated warehousing and logistics management program in North America. Sealed Air is a global leader in food safety and security, facility hygiene,…
Kerry Logistics has acquired of 50 per cent shares in Lanzhou Pacific Logistics Ltd. As the new shareholder and joint venture partner, Kerry Logistics will join hands with another shareholder of LPL, China Railway Container Transport Company Limited (CRCTC),…
the Chinese conglomerate, led by founder and chairman Jack Ma, had contacted Yoox Net-a-Porter over possible capital cooperation or even a takeover, adding it had not ruled out buying shares. This news was quickly denied by sources in the company, who stated…
Nokia has announced plans to establish a dedicated unit to help major Chinese internet companies expand overseas. The new unit will focus on areas including data centers, cloud computing, IP routing, transport and services, as well as emerging technologies…
Amazon’s Black Friday-like event for the summer will be back for the third time. On July 11th, the e-commerce giant will hold the third annual “Prime Day,” and this time, more people will be able to take advantage of all the deals on offer. To start with, the…
Mobile payments will soon overtake cash and credit cards as the preferred payment choice for Chinese travellers shopping abroad, according to a new survey. Mobile payments specialist Cancan and financial research authority Kapronasia have published a global…
China’s shoppers expect a more personalized customer experience in a new digital era where the distinction between online and offline matters less, a new report on Chinese consumer trends has found. McKinsey & Co released their report China iConsumer Research…
China Telecom has forged a partnership with Silver Peak to provide its multinational enterprise customers with fully-managed software-defined wide area networking (SD-WAN) services using Silver Peak’s Unity EdgeConnectSP and Unity Boost SD-WAN products. The…
Chinese operators are on track to launch commercial 5G networks by 2020 and are expected to establish the nation as the world’s largest 5G market by 2025, Mats Granryd, director general of the GSMA, said during a keynote at the Mobile World Congress Shanghai.…
In China, that’s already happening. Alibaba Group Holding Ltd. and Tencent Holdings Ltd. are online-offline conglomerates each with hundreds of millions of users. The pair–directly or through companies they invest in–provides services and products across a…
These expand the group’s mall footprint by another 115,000 sqm. CapitaLand Limited is accelerating its shopping mall network expansion through the recently-won management contracts with three new partnerships in China. According to the group, its subsidiary…
China’s economy continued to improve in the second quarter, with corporate profits rising and hiring up, a private survey showed, but it suggested the Asian giant may have to brace itself for tougher times ahead even though firms have been able to weather a…
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