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Online Recruitment Platform 51job Receives Preliminary Privatization Proposal
51job, 9/17/20
Chinese online recruitment platform operator 51job (Nasdaq: JOBS) announced today that its Board of Directors has received a preliminary non-binding proposal letter dated September 17, 2020 from DCP Capital Partners (the "Proposing Buyer") to acquire all of the outstanding common shares of the company for USD 79.05 in cash per common share (the "Proposed Transaction"). Read More
Sogou Receives Privatization Proposal from Tencent
Sogou, 7/27/20
Chinese online search engine operator Sogou (NYSE: SOGO) has announced that today it received a privatization proposal from its largest shareholder, Chinese internet giant Tencent (0700.HK). Read More
Sina Announces Receipt of Preliminary Non-Binding "Going Private" Proposal
Sina, 7/06/20
Chinese online media company Sina (Nasdaq: SINA) today announced the receipt of a preliminary non-binding proposal letter, dated July 6, 2020, from New Wave MMXV Limited ("New Wave"), proposing to acquire all the outstanding ordinary shares of the company not already owned by New Wave for USD 41 per share in cash in a going private transaction (the "Proposed Transaction"). Read More
Golden Bull Regains Nasdaq Compliance, Completes USD 2.6 Mln Financing
Golden Bull, 5/15/20
China's Golden Bull (Nasdaq: DNJR), which previously announced a pivot from P2P online lending to car rental and bitcoin mining businesses, announced today that it received a written notification from the Nasdaq Stock Market Listing Qualifications Staff indicating that the company had regained compliance with the USD 1.00 minimum closing bid price requirement for continued listing on the Nasdaq Stock Market and the matter is now closed. Read More
58.com Receives Preliminary Non-Binding 'Going-Private' Proposal
58.com, 4/02/20
Chinese online classifieds site 58.com (NYSE: WUBA) today announced that it has received a preliminary non-binding proposal letter today from Ocean Link Partners Limited to acquire all of the outstanding ordinary shares of 58.com, including Class A ordinary shares represented by American depositary shares ("ADSs," each representing two Class A ordinary shares), for USD 27.5 in cash per Class A or Class B ordinary share, or USD 55.0 in cash per ADS. Read More
China's Three Main Telcos Add 2.1 Mln Mobile Subs in December 2019
Marbridge Consulting, 1/20/20
The listed arms of China's three main telecom operators have announced their subscriber totals for the month of December 2019, including a combined net addition of roughly 2.12 mln mobile subscribers in China to reach a combined mobile subscriber base of over 1.604 bln. Read More
JD.com Prices USD 1 Bln Notes Offering
JD.com, 1/07/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) today announced the pricing of its public offering of USD 1.0 bln aggregate principal amount of its notes. Read More
JD.com's 7Fresh Opens First "Seven Fun" Lifestyle Space + Convenience Store
JD.com, 12/24/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD)'s 7Fresh fresh food supermarket chain launched the first of its Seven Fun lifestyle spaces today in Beijing. Read More
JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale
JD.com, 11/12/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More
JD.com Opens "E-Space" in Chongqing, Its Largest Offline Store to Date
JD.com, 11/07/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) announced today, as part of its vision for a boundaryless retail experience, that it will open "JD E-Space," a custom-built, 50,000-square-meter shopping destination in Chongqing. Read More
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