Sentences with phrase «chinese holding company»

They were just bought out by a Chinese holding company and have horrible insurance products and are poorly rated.

They sold Volvo Cars to a Chinese holding company, known as Geely Automobile (doing business as Zhejiang Geely Holding Group) in 2010 for only $ 1.8 - billion.

In 2016, the Chinese holding company Suning Holdings acquired the majority stake of the Italian club for around $ 270 million.

Not exact matches

The company is backed by Chinese giants Tencent Holdings and Alibaba spinoff Ant Financial.

Window blinds manufacturer and retailer Kresta Holdings has been provided with a CNY50 million ($ A10.6 million) loan by its Chinese parent company to pay off an existing facility and expand its east coast manufacturing operations.

Exploration firm Resource Star has announced plans to acquire a 60 per cent interest in a Chinese company which holds an exclusive licence to produce and distribute Candy Crush confectionery in Asia.

It appears Spiegel and his co-founder, Bobby Murphy, also turned down a $ 200 million investment offer from Chinese company Tencent Holdings that would have valued Snapchat at $ 4 billion.

In a blog entry, WeWork shared that the investors leading the deal were Chinese firms Legend Holdings and Hony Capital — giving the super-hot office - rental company a foot in the door in China.

Alibaba Group Holding and Tencent are scouring for projects, while Didi's acquisition of Brazil 99 showed deals can get done quickly, unlike the political opposition Chinese companies face in the U.S.

The Chinese consortium involved in the deal also includes Ma's private equity firm Yunfeng Capital, China Oceanwide Holdings Group Co, China Minsheng Trust Co, CDH China HF Holdings Company Limited, and Hony Capital Fund, the companies said.

The four conglomerates originated in different sectors, but their underlying business model is the same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible in stock and property overseas as a hedge against slower growth in China and the risk of a weaker Chinese currency.

That deal was led by Chinese Internet company Tencent Holdings.

Shares of GNC Holdings spiked after a report that the company was in talks with Chinese buyers interested in acquiring the nutrition giant.

That would leave Yahoo's holdings in Chinese e-commerce giant Alibaba Group Holding Ltd and Yahoo Japan Corp in a separate company, satisfying investors who want the company to monetize those assets.

The investor, together with other shareholders, has demanded Yahoo separate the Asian assets, including stakes in Chinese ecommerce company Alibaba Group Holding Ltd. and Yahoo Japan Corp, and conduct an immediate public auction of the core business, including search and advertising businesses.

A sale of Yahoo's internet assets would leave the company just owning a 35.5 percent stake in Yahoo Japan Corp., as well as a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd., which accounts for most of its value.

Chunyu, a Chinese mobile healthcare app company that connects patients and doctors, raised $ 50 million from China International Capital Corporation (CICC), Rushan Venture Capital under DunAn Holding Group, Pavilion Capital run by Temasek, and BlueRun Ventures, and HealthEdge, a provider of a cloud - based or on - site integrated financial, administrative and clinical software platform for healthcare payers focusing on medical claims and benefits management brought in $ 30 million

The majority of them are multinational companies that hold Chinese business licenses and have an established PRC retail presence, including bricks - and - mortar outlets and product warehouses.

Jeffrey Towson, a business professor at Peking University and a former investment executive at the Saudi Arabia - based Kingdom Holding Company, argues that it is easy to be «too pessimistic» about the Chinese economy.

He finally brought in outside investors in August 2013, when he sold a quarter stake in his closely held company to a consortium of Chinese state - backed companies.

Paytm Mall is backed by Chinese e-commerce behemoth Alibaba, which holds a majority stake in the company.

Zhejiang Geely Holding Group, the Chinese owner of automaker Volvo, recently announced their acquisition of Terrafugia, a company founded by five award - winning MIT graduates that aims to deliver its first flying car, the Transition, to the market in 2019.

He says the money Xiaomi stands to make doesn't interest him in and of itself; those in his orbit say it's more what the money represents — the company joining the ranks of China's so - called national champions, the likes of Jack Ma's Alibaba, Pony Ma's Tencent Holdings Ltd., and Robin Li's Baidu Inc. «I wanted to lead a Chinese company,» the 48 - year - old says, «to become No. 1 in the world.»

But research suggests that the price of Chinese goods would rise by significantly less than 45 percent because companies would hold the line to preserve their market share.

Last week, TechCircle chronicled how Chinese investors have been holding sway among Indian internet companies, with e-commerce behemoth Alibaba investing a large chunk of this money.

Chinese e-commerce company Alibaba Group Holding is likely to pick a majority stake in the e-commerce business of One97 Communications Pvt Ltd, the company that also runs mobile payment and commerce platform Paytm.

The Economic Times reported that Walmart has reached agreements with Tiger Global Management, the New York investment firm; Naspers, the South African media conglomerate; Accel, the venture capital firm and Tencent Holdings, the Chinese company, to purchase their stakes in Flipkart.

But other top executives have recently departed for other opportunities, including Kathy Savitt, the architect of the video strategy that Ms. Mayer has now dropped, and Jackie Reses, who led the company's acquisitions and managed its relationship with Alibaba, the Chinese e-commerce company in which Yahoo holds a 15 percent stake.

A Chinese gambit to assume that Chinese robots will be allowed to replace other robots, or that companies taxed on dollar assets held abroad, or financial flows, or what have you, is a marginal movement of thought to merely another corner of the same old old box.

In May 2015, the Company and Tsinghua Holdings jointly announced a partnership that will bring together the Chinese enterprise technology assets of the Company and Tsinghua University to create a Chinese provider of technology infrastructure.

This month, Alibaba Group Holding, a Chinese e-commerce company, led a $ 206 million investment in ShopRunner, which offers unlimited two - day shipping from retailers, that valued the company at $ 600 million.

The company recently made a $ 75 million investment in indoor cycling fitness company Peloton Interactive Inc., and also holds stakes in fitness outfitter Sweaty Betty, retailer Build - A-Bear Workshop and P.F. Chang's Chinese restaurants.

One57, Time Warner Center, 2 River Terrace: These are some but not all of the luxury residences collected by the top executives of HNA Group, the colossal Chinese investment company that's been selling off some of its most expensive commercial holdings.

Tencent Holdings, the rapidly growing Chinese internet giant, is proving a welcome source of capital to America's fledgling companies, with Snap the latest focus of its deep pockets.

The position of Santos» largest shareholders, two Chinese companies, ENN Holdings and Hony Capital, is crucial for the prospects of a deal.

Tencent Holdings Ltd., Asia's largest Internet company, agreed to buy a 15 percent stake in Chinese e-commerce website JD.com Inc. to build a stronger competitor to Alibaba Group Holding Ltd..

After the close of the deal, Yahoo shareholders will still own shares in what is left of the company, essentially an investment fund with two holdings: a 15 percent stake, worth about $ 32 billion based on its recent share price, in the Chinese internet company Alibaba; and a 35.5 percent stake, worth about $ 8.7 billion, in Yahoo Japan.

Uber holds the top spot, followed by Chinese consumer electronics company Xiaomi.

BEIJING (AP)-- A Chinese investment holding company said it has signed a letter of intent to purchase oil fields in Texas for 8.3 billion yuan ($ 1.3 billion) through a limited liability partnership.

Hillhouse, which has invested in major Chinese internet companies including Baidu Inc (BIDU.O), Tencent Holdings Ltd (0700.

Chinese automaker Wanxiang, among other major companies in the country, is among those that have also held discussions with IBM about investigating the tech.

White House officials reiterated on Wednesday that China must stop the «unfair» trading practices President Trump believes have disadvantaged American companies and workers, but they held out the possibility that tariffs on $ 50 billion worth of Chinese goods outlined on Tuesday might never go into effect.

The Chinese group includes Citic Metal Co., a unit of state - controlled conglomerate Citic Group Corp., and China Reform Holding Corp., an investment company backed by the country's state assets regulator, the people said.

The sum WM said it's raised is a show of confidence in a startup competing with more than 200 Chinese electric - vehicle companies, some backed by the likes of Alibaba Group Holding Ltd.'s Jack Ma, Foxconn Technology Group's Terry Gou and Tencent Holdings Ltd.'s Ma Huateng.

Back in December, shareholders in Aecon Group Inc. voted to approve a $ 1.5 - billion takeover of the Canadian construction company by a Chinese state - owned CCCC International Holding Ltd..

NEW YORK (AP)-- Alibaba Group Holding Ltd. is offering to take Chinese digital mapping and navigation company AutoNavi private in a deal that values the entire business at approximately $ 1.58 billion.

Saudi officials said they hope to raise a record $ 100 billion by selling a five percent stake, valuing the company at more than $ 2 trillion and dwarfing the $ 25 billion raised by Chinese Internet retailer Alibaba Group Holding Ltd. in 2014.

Riyadh is planning to sell about 5 percent of the company, potentially raising $ 100 billion and dwarfing the $ 25 billion banked by Chinese internet retailer Alibaba Group Holding Ltd. in 2014, currently the world's largest ever IPO.

His pension also has holdings in Chinese companies.

China's largest dairy product maker, Shanghai Bright Dairy & Food, a unit of Shanghai Industrial Holdings, plans to issue more than 100 million Chinese domestic A shares, a source close to the company said, reports Reuters