Edition:
United Kingdom

Josh HORWITZ

Chinese e-cigarette firm Relx to open 10,000 stores within three years

11 Jan 2020

SHANGHAI E-cigarette company Relx Technology said on Saturday it will open 10,000 stores globally over the next three years in a big expansion for the Chinese vaping startup.

Alibaba praised by China's gay community for ad recognizing same-sex couples

09 Jan 2020

SHANGHAI Online gay communities in China are lauding e-commerce giant Alibaba Group Holding Ltd for releasing a subtle ad that appears to feature a gay couple returning home for the Lunar New Year.

China's e-cigarette industry cuts 10% of staff, slows production as regulation tightens

20 Dec 2019

SHANGHAI China's e-cigarette industry has laid off around 50,000 people since October, roughly 10% of its workforce, trade association estimates showed, as tightened regulation in the United States and China smother the once-booming sector.

Samsung to invest an extra $8 billion in China chip plant - media

12 Dec 2019

SHANGHAI Samsung Electronics will increase investment at its chip factory in China by $8 billion (6.24 billion pounds) to boost production of NAND flash memory chips, Chinese media reported on Tuesday.

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.

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