China’s social networking and Internet financial company Renren announced plans to separate its newly established subsidiary named SpinCo. SpinCo will …
Facebook began as a campus-wide social network for students, and a newly-invested business in China is claiming a similar origin …
Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People’s Bank of China and China Banking Regulatory Commission.
Taobao.com, the Chinese Internet shopping website owned by Alibaba Group, and Yahoo Japan, which is held by Japan’s Softbank Group, have reached a strategic cooperation deal.
