According to a leaked internal memo, Chinese e-commerce conglomerate Alibaba Group plans to begin IPO preparations in H2 2013, possibly listing as early as late 2013 or H1 2014. Read More...
Chinese B2B e-commerce company Alibaba.com's import and export service platform subsidiary Shenzhen One-Touch Enterprise Service has released a virtual B2B credit card with a 180-day credit line. Read More...
Chinese consumer electronics manufacturer Hisense (600060.SH) plans to acquire online video technology provider Beijing Video-Tx Tech to expand the company's digital TV business unit, according to a knowledgeable source. Read More...
Sina Tech, 12/27/12
According to a knowledgeable source, the proposed sale of Japanese electronics manufacturer Sharp's Nanjing LCD TV plant to Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW) has reached an impasse over the price of the proposed transaction. Read More...
Chinese TFT-LCD manufacturer BOE (000725.SZ) has announced its 2012 performance estimates, expecting profits this year to range between RMB 50-100 mln, down from RMB 560 mln in 2011. Read More...
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