Companies of China

2020: Our Extraordinary Year in DiDi Numbers

Retrieved on: 
Friday, January 29, 2021
Trucking, Technology, Transport, Mobile, Wireless, Software, Public transport, Ridesharing companies, Carsharing, DiDi, Uberisation, Transport, DiDi, Companies of China, Service industries

View the full release here: https://www.businesswire.com/news/home/20210128006172/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210128006172/en/
    DiDi 2020 in Numbers (Graphic: Didi Chuxing)
    Protecting local communities is our utmost priority.
  • DiDi driver-managers helped install 1 million protective dividers in DiDi cars to prevent droplet infection.
  • Globally, hundreds of thousands of DiDi drivers and couriers provided more than 6 million free or discounted rides and meals to frontline health care workers and those in need.
  • Didi Chuxing (DiDi) is the worlds leading mobile transportation and local services platform.

DCH Auriga selected as the logistics partner to distribute the Fosun Pharma BioNTech COVID-19 vaccine in Hong Kong

Retrieved on: 
Thursday, January 28, 2021
Companies of China, CITIC Group, Dah Chong Hong, Companies, DCH, Auriga

Under the agreement, DCH Auriga Hong Kong Ltd. will leverage its specialty cold chain expertise and unique healthcare-dedicated infrastructure to provide Ultra Low Temperature storage and distribution for the safe and timely supply of the COVID-19 vaccine.

Key Points: 
  • Under the agreement, DCH Auriga Hong Kong Ltd. will leverage its specialty cold chain expertise and unique healthcare-dedicated infrastructure to provide Ultra Low Temperature storage and distribution for the safe and timely supply of the COVID-19 vaccine.
  • Tim Collins, the CEO of DCH Auriga said, "We are honoured to support this vital vaccination program and play a part in protecting the health and well-being of our communities.
  • DCH Auriga, a subsidiary of Dah Chong Hong Holdings Limited, is an Asia-based market management provider specialising in healthcare.
  • DCH Auriga has operations in Hong Kong, Macao, mainland China, Singapore, Malaysia, Indonesia, Thailand and the Philippines.

HNA Signs Leases at 245 Park Avenue Covering 224,000 Square Feet

Retrieved on: 
Thursday, January 28, 2021
Commercial Building & Real Estate, Construction & Property, REIT, Companies of China, Companies, Midtown Manhattan, Business, 245 Park Avenue, Park Avenue, SL Green Realty, HNA Group, Lease

SL Green Realty Corp. (NYSE: SLG), as leasing agent for 245 Park Avenue, on behalf of HNA Group North America (HNANA), the buildings owner, today announced three recently signed leases covering 224,408 square feet.

Key Points: 
  • SL Green Realty Corp. (NYSE: SLG), as leasing agent for 245 Park Avenue, on behalf of HNA Group North America (HNANA), the buildings owner, today announced three recently signed leases covering 224,408 square feet.
  • Leases include:
    Ares Management Corporation, a global alternative investment manager, signed a five-year lease renewal and expansion, covering 38,564 square feet on the 41st floor.
  • The Norinchukin Bank, a Japanese cooperative bank, signed a five-year lease renewal, covering 37,611 square feet on the entire 21st floor.
  • This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.

DGAP-News: Midea: Midea Expands Partnership with Manchester City & City Football Group

Retrieved on: 
Thursday, January 28, 2021
Association football, Expansion of the A-League, City Football Group, Companies of China, Manchester, Midea, City FC, Manchester City Football Club, Midea & Midea Group

SINGAPORE - Media OutReach - 28 January 2021 - Midea , one of the world's leading home appliance producers, has announced its global partnership expansion with City Football Group.

Key Points: 
  • SINGAPORE - Media OutReach - 28 January 2021 - Midea , one of the world's leading home appliance producers, has announced its global partnership expansion with City Football Group.
  • Midea's relationship with City Football Group started in January 2020 when it became an Official Partner of Manchester City, and after a highly successful first year of partnership, the decision was made to expand the relationship by adding the Manchester City Women's team and New York City FC.
  • Midea is a brand whose values and ambitions align with Manchester City and we are delighted that we are now expanding this partnership to include further teams within the City Football Group family."
  • Manchester City FC is one of eleven clubs comprising the City Football Group and counts New York City FC and Melbourne City FC among its sister clubs.

Open Infrastructure Foundation Seats Its First Board of Directors, Including Engineers from Ant Group, Facebook and Red Hat

Retrieved on: 
Wednesday, January 27, 2021
Companies of China, Companies, Computing, Nanshan District, Shenzhen, RSS, Tencent, Huawei, Allison Randal, Ericsson, Facebook

AUSTIN, Texas, Jan. 27, 2021 /PRNewswire-PRWeb/ --The Open Infrastructure Foundation (OpenInfra Foundation) today announced that the Foundation Board of Directors has expanded to 27 individuals, including Amar Padmanabhan, software engineer at Facebook; Xu Wang, senior staff engineer at Ant Group; and Daniel Becker, senior director of engineering at Red Hat.

Key Points: 
  • AUSTIN, Texas, Jan. 27, 2021 /PRNewswire-PRWeb/ --The Open Infrastructure Foundation (OpenInfra Foundation) today announced that the Foundation Board of Directors has expanded to 27 individuals, including Amar Padmanabhan, software engineer at Facebook; Xu Wang, senior staff engineer at Ant Group; and Daniel Becker, senior director of engineering at Red Hat.
  • During the meeting, individual member of the Foundation Allison Randal was elected the board chair for the 2021 year.
  • OpenInfra Foundation Board of Directors, 2021
    Facebook joins previously announced Platinum Members Ant Group, AT&T, Ericsson, FiberHome, Huawei, Red Hat, Wind River and Tencent.
  • "We are excited to see collaborative efforts around open source projects like Magma take off as we join the Open Infrastructure Foundation today," said Amar Padmanabhan, software engineer at Facebook.

Second Tencent Music Entertainment Awards Conclude Successfully, Further Propelling the Growth and Development of China's Digital Music Industry

Retrieved on: 
Tuesday, January 26, 2021
Companies of China, Tencent Music, Companies, Tencent, TME, QQ Music, Texas Music Educators Association, AliMusic

SHENZHEN, China, Jan. 26, 2021 /PRNewswire/ --TencentMusic Entertainment Group ("TencentMusic," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform inChina, held the second annual Tencent Music Entertainment Awards (TMEA) ceremonyat The Venetian Macao on January 23, 2021.

Key Points: 
  • SHENZHEN, China, Jan. 26, 2021 /PRNewswire/ --TencentMusic Entertainment Group ("TencentMusic," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform inChina, held the second annual Tencent Music Entertainment Awards (TMEA) ceremonyat The Venetian Macao on January 23, 2021.
  • The ceremony waslivestreamed on Tencent Music's platforms, including QQ Music, Kugou Music, Kuwo Music, and WeSing.
  • Leveraging Tencent Music's leading online music entertainment platform, the TMEA has turned into a bellwether of popular music trends in the country, and is becoming instrumental in showcasing and further unlocking the value of music.
  • The awards serve to cultivate and promote high-quality music content to the public, as well as extol the cultural virtues of the Chinese music industry, benefiting the industry, music artists, and users alike.

Sogou to Report Fourth Quarter and Fiscal Year 2020 Financial Results on February 4, 2021

Retrieved on: 
Monday, January 25, 2021
Sohu, Internet search engines, Sogou, Department stores by country, Pinyin, Companies of China, Retailing, Search engine, Sogo, New York Stock Exchange, Sogo, Wang Xiaochuan

BEIJING, Jan. 25, 2021 /PRNewswire/ --Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China's internet industry, today announced that it will report its fourth quarter and fiscal year 2020 unaudited financial results on Thursday, February 4, 2021, before U.S. market hours.

Key Points: 
  • BEIJING, Jan. 25, 2021 /PRNewswire/ --Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader in China's internet industry, today announced that it will report its fourth quarter and fiscal year 2020 unaudited financial results on Thursday, February 4, 2021, before U.S. market hours.
  • Sogou Inc. (NYSE: SOGO) is an innovator in search and a leader in China's internet industry.
  • With a mission to make it easy to communicate and get information, Sogou has grown to become the second-largest search engine by mobile queries and the fourth largest internet company by MAU in China.
  • Sogou has a wide range of innovative products and services, including the Sogou Input Method, which is the largest Chinese language input software for both mobile and PC.

Senmiao Technology Announces Second Order of 500 Electric Vehicles Under Framework Agreement with BYD

Retrieved on: 
Thursday, January 21, 2021
Companies of China, Companies, Electric vehicles, BYD Auto, BYD Company, Minivans

Senmiao also expects to implement services and technology in these vehicles in preparation for ride-hailing activities, including advanced telematics and mapping software.

Key Points: 
  • Senmiao also expects to implement services and technology in these vehicles in preparation for ride-hailing activities, including advanced telematics and mapping software.
  • The order was made pursuant to the previously announced framework agreement with BYD Auto Sales Co., Ltd. for the purchase of BYD manufactured EVs and joint promotion of the use of EVs in China's ride-hailing market.
  • With this second order, Senmiao has ordered 1,000 of the anticipated 5,000 vehicles in 2020-21.
  • Senmiao intends to finance the purchase of these vehicles through a combination of cash on hand along with financing made available to Senmiao through its collaboration with BYD.

iClick's Enterprise Solution Helps KANS Maximize Consumer Lifetime Value

Retrieved on: 
Wednesday, January 20, 2021
Companies of China, Companies, Services marketing, Customer relationship management, Tencent, Customer lifetime value

Leveraging iClick's Enterprise Solutions, KANS increased its online consumer retention rate to 86% and purchase rate to 42.7% within just one month.

Key Points: 
  • Leveraging iClick's Enterprise Solutions, KANS increased its online consumer retention rate to 86% and purchase rate to 42.7% within just one month.
  • iClick has helped KANS enhance its consumer relationship management efficiency and optimize consumer lifetime value growth in three main areas:
    Consolidating data from multiple channels, including the brand itself, the Tencent ecosystem, and iClick's proprietary dataset, to precisely formulate real-time, 360-degree consumer profiles in order to efficiently target potential consumers and effectively channel public traffic to the client's private domain.
  • This allows KANS to gain an in-depth understanding of their consumers and create tailored marketing campaigns, which helps increase repurchase rates and enhance consumer stickiness and loyalty.
  • Brands increasingly recognize the value iClick can provide in maximizing customer lifetime value, and we will remain focused on providing even more powerful solutions as we further develop our Integrated Enterprise and Marketing Cloud Platform."

Summer Atlantic Capital Ltd. Completes New Wave of Strategic Agreements Improving Operational Capabilities by Accessing cutting-edge technologies for its JVs

Retrieved on: 
Wednesday, January 20, 2021
Volkswagen Group, Companies of China, FAW Group, FAW-Volkswagen, Jinan, Volkswagen, Economy of China, Volkswagen Group China

Jinan Minshang IT Co., Ltd.'s proprietary AI enhances a business's efficiency from many aspects including sales, supply chain, and customer service.

Key Points: 
  • Jinan Minshang IT Co., Ltd.'s proprietary AI enhances a business's efficiency from many aspects including sales, supply chain, and customer service.
  • Their platform is currently being used in China in medical, manufacturing, and financial industries in order to maximize customer satisfaction and sales.
  • The main customers of Jinan Minshang Information Technology Co., Ltd. includes FAW Volkswagen, FAW Group, Minsheng Bank and more than 300 logistics enterprises.
  • Summer Atlantic Capital is a Hong-Kong based entity with a sister company, Summer Atlantic China (our private equity group) based in China, and a North American marketing arm, Summer Atlantic US.