China's online education industry witnessing "golden age" amid pandemic
By Cen Ziyuan
Oct. 13, 2020
Deloitte said the Chinese education industry is witnessing a "golden age.”
Tencent-backed Miniso Group looks to raise up to $562.4 million in IPO
Oct. 8, 2020
Dubbed as China's Dollar Tree, Miniso is backed by tech giant Tencent Holdings and private equity firm Hillhouse.
Telemedicine Provider Hazel Health Secures $33.5M Series C Round Led by Owl Ventures and Bain Capital
By Rachel Ren
Sep. 23, 2020
Founded five years ago, the San Francisco-based telemedicine provider connects students in K-12 public schools with physician consults from their school nurse's office.
Nike smashes revenue, profit estimates on China demand, online boom
Sep. 22, 2020
The brand's digital sales surged 82 percent in the first quarter ended August 31, with at least double-digit rises recorded in all regions.
Tencent Set to Launch WeChat for Kids? Trademark Application Filed.
By Siyi Zhang
Sep. 17, 2020
After penetrating educational institutions and public schools with education informatization services, Tencent now is working to address user needs in various segments of education.
Construction begins on 151 projects for S China's Hainan free trade port
Sep. 14, 2020
On June 1, China released a master plan for the Hainan Free Trade Port.
Japan's economy shrank more than estimated in Q2
Sep. 8, 2020
The latest headline figure was modestly better than market consensus of an 8.0 percent contraction, but it is the worst figure for Japan since comparable data became available in 1980, beyond the brutal impact of the 2008 global financial crisis.
Game-like Educational Applications Producer Playnovate Announces Series A+ Round
Sep. 2, 2020
Founded in September 2015, Playnovate uses science and interesting content to cultivate kids’ scientific thinking and creativity.
Retailers launch coalition to fight counterfeits on Amazon
Sep. 1, 2020
The lobbying push comes at a time when Amazon has been under scrutiny from lawmakers and the White House over the sale of counterfeit items.
Alibaba's Q2 revenue jumps 34% amid surge in online shopping
Aug. 27, 2020
Alibaba's revenue totaled 153.75 billion yuan (22.22 billion U.S. dollars) in period which counts as the second quarter (Q2) of 2020.
Fortune 500 sees more Chinese companies than U.S. ones
Aug. 11, 2020
There are more Chinese companies on the Fortune Global 500 list this year than U.S. ones for the first time, adding more Chinese vitality into the global annual ranking.
“The power of nature, the beauty of Innate” – Medela’s Journey to Shanghai Station and to Breast Milk Research Institute
Aug. 5, 2020
Medela and its strategic partners from all walks of life work together to call on more families, businesses, institutions, public places and all sectors of society to join in the support action of caring for breastfeeding mothers!
'She economy' prospers as female-based shows gain popularity
By Wu Zheyu
Aug. 4, 2020
Many advertising companies take women as their targeting audience.
China's major services trade fair opens for media registration
Jul. 28, 2020
The CIFTIS, which will be held in early September in Beijing, will feature summits, industry conferences, professional panel meetings, exhibitions, and product launches, according to a press conference in early June.
South Korea enters recession as exports plunge by most since 1963
Jul. 23, 2020
While consumer spending should gradually recover, the threat from the virus is unlikely to fade entirely and some social distancing will probably have to remain in place
Japan's household spending slumps by record as curbs hit travel, dining out
Jul. 7, 2020
Household spending slumped 16.2 percent in May from a year earlier, government data showed on Tuesday, falling at the quickest pace since comparable data became available in 2001.
Nike plans to cut jobs in digital push
Jun. 30, 2020
The planned layoffs come after the company on Thursday reported a 790 million U.S. dollars quarterly net loss, its first in over two years, as its wholesale business bore the brunt of footwear retailers and department stores shutting down due to the coronavirus outbreak.
Multinationals Challenged: Chinese practices can benefit all companies
Jun. 17, 2020
How one multinational nutrition and wellness company is bringing its Chinese insights to tame the coronavirus.
World Bank predicts global economy to shrink by 5.2% in 2020
Jun. 12, 2020
The global economy is expected to shrink by 5.2 percent in 2020 due to the COVID-19 pandemic, the World Bank said Monday.
Global Manufacturing Data Shows Pandemic Impact
Jun. 11, 2020
Output, new orders, production and employment declined at the fastest pace since 2009 as the number of coronavirus cases in the U.S. grew and non-essential businesses were forced to close.