China’s Drone Maker Yuneec Gets USD60 Million Intel Investment

Intel Corporation has invested more than USD60 million into a Shanghai-based drone and aerospace firm Yuneec International, as other technology firms are exploring the...

Asia Pacific Foreign Direct Investments Take Up 25% of Global Deals

A recent report released by Frost & Sullivan Asia Pacific showed that the volume of foreign direct investments in the Asia-Pacific region contributes about...

Snapchat Now Valued At USD15 Billion After Alibaba’s USD200-Million Investment

There seems to be no stopping Alibaba from further investing in Silicon Valley as it aims to build up its mobile services. Reuters reported that...

437 Million Alibaba Shares to be Sold Publicly

Alibaba Group Holding Ltd's 180-day post-IPO lockup expires March 18, following its record-setting IPO last September, allowing about 437 million shares or roughly 18%...

China Opens Hospital Sector to Foreign Investors

Foreign investors can now wholly own hospitals in the cities of Beijing, Tianjin and Shanghai and the provinces of Jiangsu, Fujian, Guangdong and Hainan...