Major Chinese Travel Agencies Agree to $5.9 Billion Share Swap
Shuang Shan Baidu Inc.—the majority shareholder of Qunar Cayman Island Ltd—agreed to swap shares worth nearly $5.9 billion with Ctrip.com ...
Month: October 2015
Top Chinese Telecom Companies Form $36 Billion Joint Venture
Shuang Shan China’s three largest telecom companies sold $36 billion worth of tower assets to China Tower Corporation, a joint ...
Alibaba Opens Second US Data Center in Billion Dollar Cloud Investment
Shuang Shan Alibaba Group Holding Limited’s cloud computing arm AliCloud opened its second Silicon Valley data center on October 9 ...
Major Chinese O2O Websites Merge in $20 Billion Deal
Shuang Shan Meituan.com and Dianping Holdings Ltd, two of China’s largest online local service platforms, have agreed to set up ...
Tsinghua Buys 15 Percent Stake in Western Digital for $3.78 Billion
Shuang Shan Tsinghua Unisplendour Co Ltd (Unis) announced on Wednesday that it invested $3.78 billion in Western Digital Corp, purchasing ...
China Business Review is the official magazine of the US-China Business Council, a nonprofit and nonpartisan trade association that represents more than 200 American companies doing business in China.