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Alibaba's 'Cainiao' Logistics Arm Submits IPO Prospectus to HKSE

Marbridge Consulting, 9/26/23

Cainiao Smart Logistics Network Limited, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), submitted an IPO prospectus to the Hong Kong Stock Exchange today. Read More

Alibaba's Freshippo Grocery Chain Opens 12 More Stores

Sohu, 6/30/23

Freshippo, the high-tech grocery chain of Chinese internet giant Alibaba Group (NYSE: BABA; 9988.HK), announced today it has opened 12 more stores in eight cities across mainland China, including Beijing, Shanghai, and Guangzhou. Read More

Alibaba's Cainiao to Roll Out 5-Day Delivery Service Globally

Alibaba Group, 6/28/23

Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), pledged today to deliver cross-border parcels within five working days, which it said would be 30% faster than the industry standard. Read More

JD Property, Harvest Fund's REIT Lists on Shanghai Stock Exchange

JD.com, 2/08/23

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that Harvest Jingdong Warehouse Logistics Close-end Infrastructure Fund (508098.SH), a real estate investment trust (REIT) operated and managed by JD.com subsidiary JD Property, officially listed on the Shanghai Stock Exchange on February 8. Read More

Bilibili Announces Primary Listing on HKSE

Bilibili, 10/02/22

Chinese bullet-screen video platform and video game operator Bilibili (Nasdaq: BILI; 9626.HK) announced that the company's voluntary conversion of its secondary listing status to primary listing on the Main Board of Hong Kong Stock Exchange became effective today. Read More

Tencent Completes Acquisition of Search Engine Operator Sogou

Sogou, 9/23/21

Chinese online search engine operator Sogou (NYSE: SOGO) today announced the completion of its acquisition and privatization by internet conglomerate Tencent (0700.HK). Read More

Trip.com Group Completes Dual Listing on Hong Kong Stock Exchange

Trip.com, 4/19/21

Trip.com Group (Nasdaq: TCOM), a leading global travel services provider, officially listed on Hong Kong Stock Exchange today (under Stock Code 9961.HK). Read More

Wanda Sports Group Completes Initial Tender Offer and Delisting

Wanda Sports Group, 2/01/21

Wanda Sports Group ("the Company"), a China-based global sports events, media and marketing platform, today announced the completion of the initial tender offer (the "Offer"), launched by Wanda Sports & Media (Hong Kong) Holding Co. Limited on December 23, 2020, to acquire all of the issued and outstanding class A ordinary shares of the Company, with no par value (the "Class A Ordinary Shares"), including all Class A Ordinary Shares represented by American depositary shares of the Company ("ADSs"). Read More

Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020

CAICT, 1/07/21

As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

JD.com Plans Spin-Off and Separate Listing of JD Health

JD.com, 9/27/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that it intends to spin-off subsidiary JD Health by way of a separate listing of the JD Health Shares on the Main Board of the Hong Kong Stock Exchange. Read More