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South China Morning Post
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Filing: Alibaba plans to spin off its Shanghai-based self-driving unit Banma through a Hong Kong IPO, reducing its stake from 44.72% to 30% post-IPO
Aileen Chuang / South China Morning Post :
2022-09-11
Reuters
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Sources: Sea, whose market cap has gone from $200B+ to ~$28B since Oct. 2021, shuts some Latin American operations and cuts hundreds of gaming jobs in Shanghai
Singapore-based Sea Ltd's (SE.N) e-commerce arm Shopee will exit Argentina and shut local operations in Chile …
2022-07-13
Bloomberg
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Sources: Foxconn Industrial Internet took a minority stake in Chinese state-backed chipmaker Tsinghua Unigroup for $788M during Unigroup's $9B bailout by China
A Shanghai-listed arm of Foxconn Technology Group acquired a stake in China's top chipmaker during its $9 billion bailout …
2022-06-20
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Reuters
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ByteDance says its Nuverse video game unit has acquired Shanghai-based gaming studio Moonton Technology, sources say for around $4B
(Reuters) - ByteDance said on Monday its video games unit Nuverse has agreed to acquire Shanghai-based gaming studio Moonton Technology, as it seeks to further expand into the video games business.
2019-06-10
South China Morning Post
ByteDance acquires a 30% stake in Shanghai-based Hupu, an online sports forum, for ~$150M, as part of Hupu's pre-IPO round of funding
Yingzhi Yang / South China Morning Post :
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