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.
Investors show faith in the Alibaba founder's golden touch as his Yunfeng Capital pulls off a lucrative funding round amid a wider downturn. E-commerce rival Suning is among the investors.
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?
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.
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.