Tag: china


China’s Zhaopin invests successfully in Q1

China’s Zhaopin invests successfully in Q1

"(Zhaopin's) revenue grew strongly (in Q1), thanks to a strong performance by our sales force, and our strategic focus on lower-tier cities, and on small and medium-sized employers (SMEs),” said Evan Guo Sheng, Zhaopin's chief executive officer and chairman.


It rains money, but Autohome changes tack

It rains money, but Autohome changes tack

Revenue and profit grow strongly at Autohome, but the new owners opt to "transform the company from a content-led vertical media business to an automotive eco-platform based on advanced analysis and technology".


Chinese auto site Souche bags $100 million US

Chinese auto site Souche bags $100 million US

According to a report on Yiyouwang (Iyiou.com), a Beijing-based media outlet focusing on digital media, Souche Holdings, operator of c-to-c, used-autos site Souche.com, recently completed a $100-million U.S. Series C funding round.


Alibaba sites sell 100,000 new autos in 24 hours

Alibaba sites sell 100,000 new autos in 24 hours

In China Singles' Day (or Batchelors' Day) has gradually turned into one of the largest online shopping days in the world, with sales on Alibaba's Tmall and Taobao sites in the 24 hours on Nov. 11, 2015 at a whopping $14.3 billion U.S., according to Wikipedia.


Class action against China’s Fang dismissed

Class action against China’s Fang dismissed

Fang Holdings, operator of a leading real estate site in China which is listed on the New York Stock Exchange (NYSE: SFUN), announced on Nov. 11 that the U.S. District Court for the Central District of California had dismissed all claims of the plaintiffs in a securities class action against the company, and certain of its current and former officers.


Juwai.com partners with United Real Estate Group

Juwai.com partners with United Real Estate Group

United Real Estate Group, a fully integrated network of real estate professionals in the United States, has announced a partnership with Juwai.com, the China-based international real estate website. The partnership is aimed at the U.S. network working more effectively with the overseas buyer group.


Lei Hua appointed CFO of China’s Fang.com

Lei Hua appointed CFO of China’s Fang.com

Fang Holdings Ltd. (NYSE: SFUN), operator of the Chinese real estate internet portal formerly known as SouFun, announced on November 1 the appointment of Dr. Lei Hua as Chief Financial Officer. Former CFO, Kent Huang Cangsang, had resigned from the company due to personal reasons, the company said.



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