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Uber rival's $28 billion valuation shows size of China's ride-sharing market

With more internet users than any other country and a fast-rising middle class, China is one of the most sought-after markets in the world.

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Why is UBER raising so much money?

​Another $2 billion round brings Uber’s total funding to $15 billion. What is it doing with all that cash?

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UberChina-Didi fight drives merger talk

Amid costly struggle, some investors say ride-hailing rivals might need to combine

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Microsoft, reasserting its muscle, buys LinkedIn for $26.2 billion

Microsoft’s blockbuster $26.2 billion takeover of LinkedIn might be an attempt to travel through time. Specifically, to the heady heights of yesteryear’s technology valuations.

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China's box office to top world in 2017

China's box office is anticipated to surpass the United States in 2017 and claim the title of the world's largest, according to a report by international accounting firm PwC on Sunday.

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GIC, Temasek buy combined US$1b in Alibaba stock in SoftBank sale

Singapore sovereign wealth funds bought US$1 billion (S$1.38 billion) of Chinese e-commerce giant Alibaba Group Holding's shares as part of a US$8.9 billion sale by Japan's SoftBank Group, Alibaba's biggest shareholder, the company said on Wednesday (June 1).

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Uber raises $3.5 billion from saudi fund

Funds are part of a $5 billion investment effort, largest ever for a venture-backed company

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Cross-border M&A: Chinese enterprises involve global industrial integration

In the first half year, the number and transaction amount of overseas takeovers by Chinese enterprises climbed significantly and broke the record.

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China allows more foreign investment into capital market

Quotas of 81.1 billion U.S. dollars had been awarded under the Qualified Foreign Institutional Investors (QFII) program by the end of May, the State Administration of Foreign Exchange (SAFE) announced on Tuesday.

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Fear of yuan depreciation driving China's outbound investments

China’s overseas acquisition deals are getting bigger, analysts say, as fears of a depreciating yuan have driven companies to diversify their assets worldwide.

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Chinese cinema deals under the spotlight, as regulators scrutinise blockbuster valuations

China’s securities regulator is reining in aggressive valuations in merger and acquisition deals, particularly those related to the cinema and film business.

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Chinese biggest contributors to New Zealand tourism spending growth

Total annual spending by overseas visitors in New Zealand has topped 10 billion NZ dollars (6.77 billion U.S. dollars) for the first time, with growth of 25 percent in the year to the end of March, according to a government report out Friday.

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China's telecom operators vow to expand 4G services

China's top three telecom operators unveiled their plans on Tuesday to improve 4G services as part of the country's efforts to update its information infrastructure.