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Foxconn to set up carmaking JV with China-based Geely Holding

Foxconn Electronics .....»»

Category: topSource: digitimesJan 14th, 2021

Geely, Mercedes-Benz launch $780 million JV to make electric smart-branded cars

Zhejiang Geely Holding Group Co Ltd and Mercedes-Benz on Wednesday said they would each invest 2.7 billion yuan ($388.77 million) in a China-based venture to build "premium and intelligent electrified" vehicles under the smart brand......»»

Category: topSource: reutersJan 8th, 2020

Baidu taps Geely as electric-vehicle partner

The web-search and artificial-intelligence company Baidu , often described as China's answer to Google, has selected Geely as its automotive-industry partner for a long-anticipated move into electric vehicles. Geely, based in Hon.....»»

Category: topSource: marketwatchJan 10th, 2021

Geely"s Volvo Cars gives notice to 1,300 white-collar staff in Sweden

Volvo Car Group, owned by China's Geely Holding, said on Wednesday it was giving notice of redundancy to 1,300 white-collar workers in Sweden as the impact from the pandemic raised the urgency of lowering structural costs......»»

Category: topSource: reutersApr 29th, 2020

FII, Luster LightTech to jointly develop smart production solutions

Foxconn Industrial Internet (FII) has made a strategic investment of CNY250 million (US$35.25 million) in China-based Luster LightTech, a sp.....»»

Category: topSource: digitimesApr 8th, 2020

China"s Geely in talks to take stake in Britain"s Aston Martin: FT, source

China’s Geely Automobile Holding is in talks with Aston Martin management and investors about taking a stake in the iconic British luxury carmaker, according to a source familiar with the discussions and the Financial Times on Friday......»»

Category: topSource: reutersJan 10th, 2020

Connector maker Acon making inroad into handset supply chain in China

Taiwan-based connector maker Acon-Holding has been making inroad into the handse.....»»

Category: topSource: digitimesJan 8th, 2020

Volvo Cars aims to be climate neutral by 2040

Volvo Cars, owned by China's Geely Holding, is targeting a 40% reduction in the carbon footprint of each car it manufactures by 2025 as it bids to become fully climate neutral by 2040, it said in a statement on Wednesday......»»

Category: topSource: reutersOct 16th, 2019

Tapestry Strikes Strategic Alliance With Alibaba"s Tmall

Tapestry, Inc. (NYSE: TPR), the New York-based house of luxury accessories and lifestyle brands, said Thursday it has partnered with with Alibaba Group Holding Ltd - ADR (NYSE: BABA)'s Tmall, a China-focused e-commerce p read more.....»»

Category: blogSource: benzingaSep 12th, 2019

Geely to bring air taxis to China in tie-up with Daimler-backed Volocopter

German startup Volocopter said it plans to form a partnership with Zhejiang Geely Holding Group that will bring its air taxis to China and that it has raised 50 million euros ($55.13 million) in fresh funding from the Chinese company and others......»»

Category: topSource: reutersSep 9th, 2019

Alibaba"s stock surges after profit and revenue rise above expectations

Shares of Alibaba Group Holding Ltd. surged 2.2% in premarket trading Thursday, after the China-based e-commerce giant reported fiscal first-quarter earnings that beat expectations, as active users increased t.....»»

Category: topSource: marketwatchAug 15th, 2019

China"s BAIC buys 5% Daimler stake to cement alliance

China's Beijing Automotive Group Co Ltd (BAIC) has bought a 5% stake in Daimler , cementing its relationship with the German carmaker after China's Zhejiang Geely Holding emerged as a potential rival......»»

Category: topSource: reutersJul 23rd, 2019

Alibaba Proposes Stock Split To "Increase Flexibility" Ahead Of Capital Market Activities

Shareholders of China-based e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) will vote July 15 at the company's annual meeting to accept or reject an eight-for-one stock split, CNBC reported read more.....»»

Category: blogSource: benzingaJun 17th, 2019

Mnuchin says U.S. open to new China trade talks based on previous negotiations

U.S. Treasury Secretary Steven Mnuchin said the Trump administration is open to holding new talks with China if the two sides can proceed on the basis of previous negotiations......»»

Category: topSource: reutersMay 22nd, 2019

Analysts Break Down Alibaba"s Q4 Earnings

China-based e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) Wednesday reported fiscal fourth-quarter results that came i.....»»

Category: blogSource: benzingaMay 16th, 2019

Alibaba"s stock surges after earnings and revenue rise, beat FactSet expectations

Shares of Alibaba Group Holding Ltd. surged 4.2% in active premarket trade Wednesday, after the China-based e-commerce giant reported fiscal fourth-quarter earnings and revenue that rose above e.....»»

Category: topSource: marketwatchMay 15th, 2019

Qutoutiao"s stock soars after Alibaba"s $171 million convertible loan investment

Shares of Qutoutiao Inc. shot up 12% in premarket trade Thursday, after the China-based mobile content company said it received an investment from Alibaba Group Holding Ltd. in the form of $171 million in convertible loans. The loans w.....»»

Category: topSource: marketwatchMar 28th, 2019

UP Fintech expects IPO to price between $5 to $7, raise up to $91 million

UP Fintech Holding disclosed Monday the terms set for its initial public offering, in which the China-based online brokerage focused on Chinese investors could raise up to $91 millio.....»»

Category: topSource: marketwatchMar 18th, 2019

Alibaba"s Q4 Print: What You Need To Know

China-based e-commerce behemoth Alibaba Group Holding Ltd (NYSE: B.....»»

Category: earningsSource: benzingaMay 4th, 2018

Alibaba"s Q4 Print: What You Need To Know

China-based e-commerce behemoth Alibaba Group Holding Ltd (NYSE: BABA) reported a top-and-bottom-line beat in its fiscal fourth quarter earnings report Friday.  read more.....»»

Category: blogSource: benzingaMay 4th, 2018

Alibaba profit drops in 1Q18

China-based e-commerce operator Alibaba Group Holding has reported consolidated revenues of CNY61.932 billion (US$9.873 billion) for first-quarter 2018, hiking 60.53% on year, with net profit falling 28.98% to CNY7.561 billion......»»

Category: topSource: digitimesMay 7th, 2018