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  • September 22, 2014
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  1. Alibaba pours cold water on Baidu-Rakuten joint venture

    Posted Jan 29th 2010, 12:00am by Staff Reporter

    ... Bien Perez Internet search giant Baidu's new joint venture with Rakuten, the biggest online shopping mall operator in Japan, may fall short of reviving the mainland firm's ... seen a successful foreign-controlled internet joint venture in China.' Rakuten holds a majority 51 per cent stake in the operation. Recent examples include EachNet, which was wholly ...

  2. Air China joint venture to serve up better meals

    Posted Feb 13th 2009, 12:00am by Charlotte So

    ... Air China's parent company has formed a 1 billion yuan (HK$1.13 billion) catering joint venture in an effort to improve the mainland industry's in-flight meals. Zhang Lanhai, a director of the venture, China Aviation Investment, said the company aimed to become the mainland's biggest in-flight catering provider. China National Aviation Holding, which owns ...

  3. Peugeot-Dongfeng joint venture cuts workforce 10pc

    Posted Nov 06th 2008, 12:00am by Kandy Wong

    ... was under pressure. Volkswagen China, the biggest overseas carmaker in the country, said last week that the 'worst may be yet to come'. The firm, a joint venture with SAIC Motor Corp, ... Kandy Wong French carmaker PSA Peugeot has cut about 10 per cent of the workers in its mainland manufacturing venture with Hubei-based Dongfeng Motor amid falling sales. The venture laid ...

  4. Fugitive tycoon rolls out plans for Hefei venture

    Posted Aug 11th 2010, 12:00am by Staff Reporter

    ... to the United States in 2002, yesterday announced yet another ambitious gambit to get back into the game: a 30 billion yuan (HK$34.4 billion) joint venture with a state-owned firm to build ... on the mainland- and initiated negotiations for what would become a successful joint venture with BMW. In June 2002, Yang was forced to flee the mainland after a dispute with officials in Liaoning, which ...

  5. PCCW to tap online gaming market in mainland venture

    Posted Jan 07th 2004, 12:00am by Staff Reporter

    ... Sidney Luk PCCW plans to tap the lucrative mainland online gaming market in a joint venture with South Korean internet powerhouse NHN Corp. Hong Kong's dominant fixed-line player ... community and video-on-demand services. Its online gaming platform in South Korea carries more than 50 internet games and 10 mobile games. Market watchers said the joint venture would bring online ...

  6. Honda plans tooling plant in China

    Posted Dec 12th 2003, 12:00am by Eric Ng

    ... Eric Ng The carmaker needs a factory in the mainland to support its joint ventures and help lift vehicle output capacity Honda, Japan's second-largest carmaker, will invest US$15 ... will support Honda's joint ventures in Guangzhou and Wuhan. Honda Engineering Asia president Tatsuo Nagamitsu said his unit- the tooling and manufacturing equipment arm of the group- planned ...

  7. Mainland-only models put car sales war into top gear

    Posted Dec 21st 2010, 12:00am by Staff Reporter

    ... of the world's biggest auto market. Joint-venture Guangqi Honda Automobile yesterday took the wraps off the first model from its new mainland-only Li Nian or Everus brand. Co-developed by Guangzhou ... 'Our future programme will depend on the success of this car.' Rival mainland joint venture carmakers are following suit with similar experiments. SAIC-GM-Wuling's first Baojun ...

  8. End of government help leaves carmakers with mixed results

    Posted Feb 17th 2011, 12:00am by Staff Reporter

    ... to have weathered the expiry of stimulus measures better than others. SAIC Motor, which has joint ventures with General Motors and Volkswagen, said its January sales rose 35 per cent to 416,000 ...

  9. Giordano plans return to Europe

    Posted Mar 19th 2004, 12:00am by Sandy Li

    ... said. 'I hope we can return to Europe and the US in one or two years. But the discussion is still in a very preliminary stage.' The retailer dissolved a German joint venture and shut ...

  10. Qingdao deal raises confusion

    Posted Sep 27th 2003, 12:00am by Annette Chiu

    ... know about the deal with CSX.' P&O, AP Moller and Cosco formed a joint venture in July to develop Qianwan's US$877 million, 10-berth Phase III project. Mr Tian said as part ... aggressively expanding its container handling capacity to consolidate its position as north China's largest port. Last Friday, the municipal government signed a joint-venture agreement with Hong ...




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