The lending and wealth management unicorn Lufax is looking to tap into US capital markets, as regulators are increasing scrutiny of Chinese tech listings.
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Posted inWith Chinese Characteristics
INSIGHTS | Can superboards save China tech from one-man rule?
Elite boards that can overrule the board of directors are the latest fad in Chinese tech corporate governance.
Posted inHeavy Hitters
The Big Sell | China’s grocery delivery fever is cooling down
A new round of consolidation in China’s community grocery delivery market is wiping out all but the largest players.
Posted inWith Chinese Characteristics
Community group-buy firms fined, women boost consumption: Retailheads
China fined five community group-buy platforms for price dumping, the “she economy” is on the rise as modern Chinese women power growth.
Posted inHeavy Hitters
Starbucks aligns further with Alibaba in Tmall Genie voice ordering feature
A closer partnership with Alibaba may help Starbucks in its competition with Luckin.
Posted inHeavy Hitters
Trip.com IPO, $10 billion for Meituan’s community group buy: Retailheads
Trip.com debuts in Hong Kong for a secondary listing, Meituan is selling $10 billion in convertible debt to support its community group buy unit.
Posted inHeavy Hitters
TechNode’s top 10 articles of 2020 + membership 20% off
We hope the attached articles—our top 10 from the last year of our coverage—will help shed some light on this remarkable year.
Posted inHeavy Hitters
UPDATED: We got some digital yuan!
Suzhou lottery winners can spend their RMB 200 of the digital yuan at JD.com, Didi, Meituan, or Bilibili—or pay their Party dues.
Posted inHeavy Hitters
Alibaba merges its two food delivery platforms Ele.me and Koubei
Alibaba Local Services Company is embracing “new retail” to fend off competitors such as Tencent-backed Meituan.
Posted inViews
As China tech stocks surge, a fundraising window opens
Is capital winter over? Huawei, JD, and Luckin are some of the companies whose fundraising is part of the great cash grab of early 2020.
