Russell Flannery


3 weeks ago

Alibaba Strikes Cooperation Pact With China Home Furnishings Leader Red Star

Red Star said in a statement it had agreed to tap Alibaba’s e-commerce platforms Tmall and Taobao, logistics network Cainiao, and financial services service Alipay.
1 month ago

Baidu's Dive Erases $1.4 Bln From CEO Robin Li's Fortune

A 16.5% dive in the U.S.-traded shares of Baidu, China’s top online search engine, erased $1.4 billion from the fortune of the company’s CEO on Friday.
1 month ago

How To Make Yourself Robot-Proof

Education at a time of rapid technology change is necessarily a key part of the discussion about evolving job market. 
1 month ago

Anta's Surge To Record Creates New China Sportswear Billionaire

Gains in the stock price of Anta Sports, China’s biggest sportswear company, have created a new billionaire and a new billionaire couple.
6 months ago

Wu Yajun, One Of World's Richest Women, Hands Fortune To Daughter

 Wu Yajun, cofounder and chairperson of Hong Kong-listed Longfor Group Holdings, has transferred control of her 44% stake in the company to daughter Cai Xinyi.
11 months ago

Lackluster Xiaomi Hong Kong Trading Debut Still Yields New Billionaires

Chinese smartphone maker Xiaomi suffered a lackluster trading debut at the  Hong Kong Stock Exchange today amid worries about its valuation and earnings prospects. The listing nevertheless formally...
1 year ago

Google To Invest $550M In China E-Commerce Giant JD, Jointly Develop Markets

Google will invest $550 million in, one of China’s largest e-commence companies, as part of a strategic partnership to jointly develop markets outside of the country, the two said in a...
1 year ago

Alibaba, Tencent, K11 Adrian Cheng Join $300M Investment Round For Xiaohongshu

Alibaba is among a group of investors that have closed a $300 million financing round for popular social and e-commerce site Xiaohongshu, which is also known as Red.  The investment values the...