FirmKnow

13/05/2022

In this new episode of China Insider, we listen to some of the stories that took place during the lockdown in Shanghai as the city remains under quarantine to curb new waves of Covid-19 outbreaks.

11/04/2022

HBO Max and Discovery Plus streaming companies officially complete merger

Daily M&A briefing by Firmknow. Here we collect the M&A market updates in April 2022 for you. Just on one page, you can find the main global market news on Mergers & Acquisitions. We start this section in April 2022. Enjoy it!

08/04/2022

Daily M&A briefing by Firmknow. Here we collect the M&A market updates in April 2022 for you. Just on one page, you can find the main global market news on Mergers & Acquisitions. We start this section in April 2022. Enjoy it!

01/04/2022

On March 31, Yang Yuanqing, chairman and CEO of Lenovo Group, announced in an internal letter that he would voluntarily distribute his 80 million yuan salary and long-term incentive bonus to front-line employees to help them overcome the difficulties caused by factors such as the epidemic. According...

27/03/2022

Global Powers of Luxury Goods 2021 report was released by Deloitte: Breakthrough luxury Over the past year and a half, consumers and companies have been adapting to a new way of living and their outlook on luxury goods may be undergoing change. There is growing awareness of environmental concerns an...

27/03/2022

About the Report Jungle Scout’s State of the Amazon Seller Report is a study of 3,500 entrepreneurs, brands, and businesses of all sizes that have leveraged the massive global retail platform of Amazon. This research explores the current state of selling on Amazon in 2022, including who sellers ar...

24/03/2022

Intel seeks to buy Israeli cloud services startup Granulate for $650 million Intel is seeking to buy Israeli startup Granulate for about $650 million. But the deal has yet to be finalized. Headquartered in Tel Aviv, Israel, Granulate was founded in 2018 by its CEO Asaf Ezra, and CTO Tal Saiag. The c...

24/03/2022

Private equity giant Thoma Bravo buys cloud computing software company Anaplan for $10.7 billion Private equity firm Thoma Bravo agreed to buy cloud computing software company Anaplan for $10.7 billion, people familiar with the matter said. Under the deal, Thoma Bravo will pay $66 in cash for each A...

24/03/2022

China Business Climate Survey Report released by AmCham China, reveals that 58% of US companies in China will achieve revenue growth in 2021; China remains one of the top three investment destinations for 60% of companies in their recent global investment plans; 66% of companies plan to increase inv...

21/03/2022

On March 21, a Boeing 737 passenger plane of China Eastern Airlines carrying 132 people had an accident in Tengxian, Wuzhou, Guangxi, and caused a mountain fire. At present, rescue teams have been assembled and approaching, and the casualties are unknown. According to several aviation media, China E...

20/03/2022

Amazon announced the completion of its $8.5 billion acquisition of MGM Studios

18/03/2022

Sany Group to go public in Switzerland Sany Group announced that in order to broaden its international financing channels, to meet the company’s international business development needs, further strengthen its global brand influence, and unswervingly promote its internationalization strategy, the ...

18/03/2022

Google acquires Raxium to develop AR, MR products Google has agreed to buy Raxium, a startup developing light-emitting diodes for AR and MR devices, in a purchase that could signal that Google wants to own more of the device components it makes. The value of the deal was not disclosed, and a represe...

16/03/2022

https://www.firmknow.com/indias-richest-man-buys-dutch-battery-maker-lithium-werks/

16/03/2022

https://www.linkedin.com/feed/update/urn:li:activity:6909909796586487808

https://lnkd.in/giXdfJx9...

14/03/2022

Today, it is reported that Tencent and Alibaba will lay off in the next few weeks. According to internal speculation among employees, Tencent is expected to lay off 10% to 30% of its employees, and Ali will lay off 30% of its employees. This week, Ali’s MMC business group is planning to lay off ab...

13/03/2022

For many retailers around the world, the outbreak has been a “catastrophe”. Most retailers had to close offline stores due to the requirements of epidemic prevention, and the reduction in the frequency of consumer traveling led to a reduction in spending on non-essential items. On the other hand...

05/02/2022

Today's hanfu pick. What do you say?
#汉服 #汉服摄影

01/05/2021

is tough in China recently.

When a woman wearing a T-shirt with the words “Brake Lost Control” stood on the roof of Tesla at the Shanghai auto show, Tesla was once again in a whirlpool of controversy. The reason why car owners protect their rights is very simple. Users can’t restore the accident scene at that time. The r...

01/05/2021

Chinese Gaming companies in Southeast Asia.

A microcosm of the popularity of Chinese mobile games in Southeast Asia Taman Anggrek mall, the largest shopping mall in Jakarta, Indonesia, is one of the city’s landmarks. On September 1, 2017, bursts of cheers came from this shopping mall with a huge flow of people: on that day, the electronic s...

21/04/2021

Social APP Soul is planning an IPO and is still in the negotiation stage. The planned financing is about 200 million U.S. dollars and the valuation is about 1 to 2 billion U.S. dollars. Soul declined to comment at this time. Soul App launched in November 2016. It is a social product that focuses on....

03/02/2021

Fintech, economy, business...We focus on the Asia Pacific startups &innovation news. You can work for us online.

28/01/2021

https://firmknow.com/new-changes-has-taken-place-in-friends-discovery-market/

Young People in Friends Discovery Market Compared with other groups, young people in Europe and America are the favorite in the eyes of investment institutions. 2020 may be the year with the most frequent financing of social products in recent years. Innovative forms of interaction, facing new verti...

25/01/2021

https://firmknow.com/tencent-holdings-has-a-market-value-of-over-hk-7-trillion-surpassing-the-six-major-state-owned-banks/

Tencent Holdings rose by more than 7%, with the highest intraday price of HK $739.5, reaching a new record high. Its total market value exceeded HK $7 trillion, equivalent to about RMB 5.85 trillion, surpassing the sum of the market values of the six major state-owned banks in China. According to la...

25/01/2021

https://firmknow.com/tongxin-microelectronics/

Today, Tongxin Microelectronics and payment product provider Goldpac jointly released the security chip operating system: Linkai. This is also another upgrade of the cooperation between the two sides after the launch of China core, the first domestic one core dual application credit card for EMV. In...

25/01/2021

https://firmknow.com/huaweis-response-to-the-sale-of-huawei-mobile-phone-business-no-sale-plan-at-all/

Today, in response to rumors about the sale of the mobile phone business, Huawei said that it has no plan to sell mobile phone business at all. Huawei will continue to build a world leading high-end smartphone brand and strive to provide consumers with excellent product experience and services.

25/01/2021

https://firmknow.com/sk-group-of-south-korea-seeks-to-establish-hydrogen-energy-joint-venture-with-geely/

SK group of South Korea is seeking to establish a hydrogen energy joint venture with Geely, and SK may invest as much as 1 trillion won in the joint venture, according to Money Today. Baidu may also join the project, the report said.

25/01/2021

https://firmknow.com/ubs-maintain-tencents-buy-rating-and-raise-its-target-price-by-18-6-to-hk-830/

UBS released a research report, which raised Tencent’s target price by 18.6% from HK $700 to HK $830. This is estimated at the discounted cash flow rate, which is equivalent to the forecast P / E ratio of 41 times and 34 times respectively this year and next, maintaining the “buy” rating. Acco...

25/01/2021

https://firmknow.com/chip-out-of-stock-affected-the-automotive-industry-a-number-of-auto-giants-announced-shutdown/

Affected by the epidemic, the international chip market is in short supply. Not only the mobile phone industry but also the automobile industry is affected. Many automobile enterprises, such as Volkswagen, Ford, and Toyota, have to take measures to deal with the crisis, such as reducing production a...

25/01/2021

https://firmknow.com/youtube-has-begun-testing-their-in-video-shopping-feature/

YouTube has begun testing their in-video shopping feature. On their ‘Feature Test’ page they announced: “We’re testing a new way for people to easily discover and purchase products featured in YouTube videos. Creators in this pilot can add certain products to their videos. Viewers can then s...