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Company

PPDai to invest in research institute

PPDai, China's first online P2P lending platform listed in the US market, will invest 1 billion yuan (US$156 million) within three years to set up a new research institute.
Company

Sony bullish over business in China

Sony expects its business in China to grow strongly this year amid a market of 230 million middle-class consumers who are upgrading their consumption patterns.
Company

Tencent, Lego eye kids' social network

Tencent and Denmark's Lego Group yesterday announced a strategic partnership that aims to create an online digital ecosystem for children in China.
Company

Average salaries expected to rise amid digital transformation

Average salaries for professionals in Shanghai are expected to rise between 5 and 8 percent this year as the digital transformation deepens amid China's stable economic growth.
Company

Local courier firm to offer even faster deliveries

YTO Express has separated its services into three "networks" to focus on common parcels, fast delivery as well as heavy parcels.
Company

Sam's Club plans to have 40 stores in Chinese mainland by 2020

Shanghai may see more stores from the current one as the membership-only warehouse retailer under Walmart is talking to partners in six locations.
Company

Honeywell's revenue grows by double digits in 2017

US-based multinational taps China's environmental protection and industrial upgrading efforts.
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Mary Kay co-sponsors leading world skin science conference

Beauty and personal care giant Mary Kay has announced it will sponsor an exclusive symposium at the International Investigative Dermatology(IID) Meeting.
Company

MSD China sticks to its plan of reaching 100 million lives

MSD China President Joseph Romanelli said the company would continue to make progress toward its strategic plan in China with the goal of reaching 100 million lives.
Company

Airbus to increase production of A320 aircraft in China

European aviation giant Airbus signed a framework agreement with its Chinese partners on Tuesday to increase the number of planes it makes at its Tianjin assembly plant.
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