Edition:
United Kingdom

Josh Horwitz

RPT-EXCLUSIVE-WeWork China sets out bold 2020 sales targets at meeting-sources

05 Dec 2019

SHANGHAI, Dec 4 WeWork China has set out ambitious revenue goals for 2020 even though it faces staff cutbacks and weak occupancy numbers at its properties across China, sources familiar with the matter said, citing targets announced by the division's general manager at an internal meeting in Shanghai on Wednesday.

Exclusive: WeWork China sets out bold 2020 sales targets at meeting - sources

04 Dec 2019

SHANGHAI WeWork China has set out ambitious revenue goals for 2020 even though it faces staff cutbacks and weak occupancy numbers at its properties across China, sources familiar with the matter said, citing targets announced by the division's general manager at an internal meeting in Shanghai on Wednesday.

Xiaomi growth slows in third quarter as China smartphone demand wanes

27 Nov 2019

SHANGHAI Chinese smartphone maker Xiaomi Corp posted its slowest-ever quarterly revenue growth as the country's smartphone market grapples with a protracted lull in sales and larger rival Huawei [HWT.UL] increases its share of the market. | Video

Alibaba's Hong Kong listing offers valuable Beijing goodwill

15 Nov 2019

SHANGHAI Alibaba's Hong Kong listing will not only land it $13.4 billion, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weather the fallout of a damaging trade war.

RPT-ANALYSIS-Alibaba's Hong Kong listing offers valuable Beijing goodwill

15 Nov 2019

SHANGHAI, Nov 14 Alibaba's Hong Kong listing will not only land it $13.4 billion, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weather the fallout of a damaging trade war.

L'Oreal, Nestle score big at Alibaba's Singles' Day shopping fest

13 Nov 2019

SHANGHAI/HANGZHOU, China Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world's largest shopping festival, with brands such as L'Oreal and Nestle among the biggest winners, Alibaba data showed. | Video

Alibaba's Singles' Day sales hit record $38 billion; growth slows

13 Nov 2019

(This corrects a story from Oct. 11, 2019 to say above, not below, in sixth paragraph.) | Video

L'Oreal, Nestle score big at Alibaba's Singles' Day shopping fest

12 Nov 2019

SHANGHAI/HANGZHOU, China, Nov 12 Chinese shoppers snapped up food supplements, facial masks and baby milk powder at the world's largest shopping festival, with brands such as L'Oreal and Nestle among the biggest winners, Alibaba data showed.

UPDATE 4-Alibaba's Singles' Day sales hit $30 billion, on track for record

11 Nov 2019

* Shopping festival raked in $30 bln in 2018 (Adds sales milestone, brand takings)

CORRECTED-UPDATE 1-Alibaba Singles' Day sales hit $12 billion in first hour

11 Nov 2019

HANGZHOU, China, Nov 11 Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles' Day shopping blitz hit 84 billion yuan ($12 billion) within the first hour, up 22% from last year's early haul of 69 billion yuan.

World News