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JD Logistics, China’s answer to Amazon’s logistics ambitions, to raise $3.4B in IPO

After running at a loss for 14 years, JD.com’s logistics subsidiary is preparing yourself for a going public in Hong Kong. JD Logistics will price its share in between HK$ 39.36 and HK$ 43.36 each, which might see the company raise as much as about HK$ 26.4 billion or $3.4 billion, according to its brand-new …

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The race to be China’s top fintech platform: Ant vs Tencent

As Ant Group takes the world’s attention with its record going public , which was quickly aborted by Beijing , experts and financiers are reviewing Tencent’s fintech interests, acknowledged as Ant’s archrival in China. It’’ s rather made complex to do this, not least due to the fact that they are stretched throughout a variety …

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China Roundup: TikTok stumbles in the US and Huawei shipments continue to surge

Hello and invite back to TechCrunch’’ s China Roundup, an absorb of current occasions forming the Chinese tech landscape and what they suggest to individuals in the remainder of the world. It’s been an extremely hectic recently of October for China’s tech managers, however initially, let’s have a look at what a few of them …

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