suning

China’s sports broadcasting rivalry heats up

Alibaba and Tencent are making huge bets on China’s sports broadcasting industry that was once dominated by LeEco and Sina. But they are unlikely to be profitable in the short term.
July 29, 2019

Second time’s a charm for Wanda's O2O bet

Troubled property firm teams up again with internet giant Tencent as it seeks a solution for its commercial property arm ahead of a relisting deadline. Will it do better than a previous tie-up?
January 30, 2018

Chinese sports tycoons shoot for Hong Kong IPOs

HKEx may score a new wave of quasi-international listings as Chinese companies seek to unlock the value of European football club assets and burgeoning domestic investments.
April 17, 2017

Alibaba to plough $5b in Suning retail chain

By agreeing to take a 20% stake in the brick-and-mortar home electronics retailer, the e-commerce giant is banking on the success of the online-to-offline business model.
August 10, 2015

Suning buys stake in online TV group PPTV

Suning and Lenovo’s private equity unit Hony Capital invest total of $420 million in PPTV, intensifying competition in China’s online retail industry.
October 29, 2013