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Alibaba Launches 'AliExpress Choice' Deep Discount Service

Alibaba Group, 2/28/23

AliExpress, a global retail marketplace operated by Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK), officially announced today the launch of a new service, "AliExpress Choice," which will offer a curation of the best value products the platform has to offer and a new monthly shopping event "Choice Day." Read More

Lenovo May Acquire Research In Motion

Sohu IT, 1/25/13

Wong Wai Ming, CFO of Chinese consumer electronics manufacturer Lenovo (0992.HK), revealed yesterday at Word Economic Forum meetings in Switzerland that the company was considering an acquisition of Canadian handset manufacturer Research In Motion (RIM) to expand Lenovo's mobile business. Read More

Gaopeng Records USD 47 Mln Net Loss for Q1-Q3 2011

Sina Tech, 10/25/11

According to Groupon's IPO prospectus, E-Commerce King Limited, operator of Chinese group buy site Gaopeng.com, reported USD 2.14 mln in revenue and USD 46.45 mln in net loss from operations for the first nine months of 2011. Read More

China Mobile May Purchase Belgian 4G License

Netease Tech, 1/27/11

Wang Jianzhou, chairman of China Mobile (NYSE: CHL; 0941.HK), told overseas media at the World Economic Forum in Davos, Switzerland that China Mobile is considering purchasing a 4G wireless license in Belgium. Read More

Giant Wins Operating Rights for Empire of Sports

Ztgame.cn, 1/11/08

Giant Interactive (NYSE: GA) announced today that it has won the exclusive rights from Switzerland-based Empire of Sports Ltd to operate Empire of Sports, a new sports-based MMORPG, in mainland China, Hong Kong, Macau and Taiwan. Read More