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Searching for "Minsheng Bank"
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Sina Enters into Definitive Agreement for "Going Private" Transaction
Sina, 9/28/20
Chinese online media company Sina (Nasdaq: SINA) today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with New Wave Holdings Limited ("Parent") and New Wave Mergersub Limited, a wholly owned subsidiary of Parent, pursuant to which Parent will acquire all of the Company's outstanding ordinary shares (each, an "Ordinary Share") not currently owned by Parent and its affiliates in an all-cash transaction (the "Merger") implying an equity value of the Company of approximately USD 2.59 billion for all the Ordinary Shares. Read More
Tencent Leads USD 820 Mln Series C Funding of Humanoid Robot Maker UBTech
DoNews, 5/03/18
Shenzhen-based smart home robot developer UBTech Robotics recently announced completion of USD 820 mln in Series C funding and said that it is now valued at approximately USD 5 bln. Read More
Push Messaging Service Provider 'Gexin' Raises RMB 400 Mln Series D
PEdaily.cn, 11/21/16
Beijing-based push message solutions provider Gexin Interactive Network Technology recently announced completion of RMB 400 mln Series D funding led by Bole Zongheng Investment Management Center with participation by the former chairman of Wasu Digital Television Media Group and other existing shareholders. Read More
China Telecom Introduces Money Market Fund Sales
The Beijing News, 5/08/14
China Telecom's (NYSE: CHA; 0728.HK) mobile and online payment brand BestPay has launched its first financial investment product, "Tianyi Bao," partnering with Minsheng Bank to release the money market fund, currently offering a 4%-7% annual yield. Read More
Lakala to Update 60,000 Payment Terminals
DoNews, 10/31/12
In an October 24 interview, Sun Taoran, Chairman and President of Chinese e-payment service company Lakala, said that the company is preparing to upgrade its more than 60,000 payment terminals in 300 cities across the country, at an average hardware cost of RMB 3,000 per terminal. Read More
Alipay Spins Off Reward Points Platform
Sina Tech, 12/19/11
Online payment platform and Alibaba Group subsidiary Alipay has announced that it has relaunched its "Jifen Bao" (jf.alipay.com) reward points system as an independent platform. Read More
Video Cloud Solution 'CC Video' Lands USD 20 Mln Series B Funding
Tencent Tech, 8/18/11
Beijing-based Chuangsheng Shilian Digital Technology, operator of video cloud solutions platform CC Video (Bokecc.com), announced today that it has completed USD 20 mln in Series B funding. Read More
Baidu-Rakuten, Minsheng Bank Offer B2C Merchant Loans
Tencent Tech, 3/14/11
Chinese e-commerce site Lekutian.com, operated by Chinese internet company Baidu (Nasdaq: BIDU) and Japanese e-commerce retailer Rakuten, recently announced a partnership with China's Minsheng Bank in providing a 'merchant' loan service for small and medium-sized enterprises, with lines of credit extending up to RMB 50 mln. Read More
Alipay Launches Reward Points Platform
Sina Tech, 12/28/10
Online payment platform and Alibaba Group subsidiary Alipay has launched a "Jifen Bao" reward points system at subdomain jf.alipay.com. Read More
Alibaba Denies Minsheng Bank Stake Purchase Rumor
Shanghai Securities News, 4/13/10
Officials at Chinese e-commerce company Alibaba Group and Minsheng Bank have both denied rumors that Alibaba plans to acquire a stake in Minsheng Bank, thereby gaining additional financial qualifications for its third-party payment subsidiary Alipay. Read More
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