China's Uber-type service for trucks Guiyang Huochebang Technology Co Ltd, also known as Truck Alliance, said on Thursday that it had raised $115 million in series B-1 funding, and expects to complete additional financing soon.
French satellite operator Eutelsat Communications SA plans to launch a satellite next year to serve the Asia-Pacific region, as demand for in-flight internet connectivity grows rapidly.
The central government has selected State-owned enterprises in seven sectors to pilot mixed ownership reform, including petroleum, railway, aviation, telecoms and defense, according to an Economic Information Daily report.
A Chinese consortium has bought a 49 percent stake in British data center company Global Switch for 2.5 billion pounds ($3.09 billion), in a strategic move aimed at sharing data center technology and locations.
It's been more than a decade since I started spending two hours every day commuting between the office and home, either driving or riding the metro.
Trade protectionism measures targeting Chinese goods will continue to be "severe" in 2017 as anti-globalization forces are likely to keep growing in the United States. Also, many European politicians may play the "China Card" in their elections, senior trade officials said on Thursday.
Lenovo Group Ltd, the world's largest personal computer maker, is scaling down its business in Brazil, as part of its broad efforts to reduce costs amid declining consumer demand and increasing financial pressure, Brazilian media reported.
Chinese bicycle brand Forever, which has a history of 76 years, has joined the bicycle-sharing scheme in the Internet Plus era by launching cooperation with U-Bicycle.
Shandong Ruyi Group plans to acquire iconic British trench coat maker Aquascutum for about $120 million, sources said, as Chinese companies extend a record overseas dealmaking spree.
Chinese telecom equipment maker ZTE Corp will produce electric vehicles by the end of next year, with an annual output of 30,000 units.
Shanghai-based food giant Bright Food Group Co denied on Wednesday that any deal had been reached to sell its majority stake in popular UK cereal brand Weetabix.
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