News Digest: August 24-26
The following press releases and media reports about Chinese companies were carried on August 24-26. To view a full article or story, click on the link next to the headline....
View ArticleAsiaInfo On Cusp Of Buyout With Regulatory Nod
End looms for AsiaInfo-Linkage One of the longest and strangest de-listings in the current wave of privatizations by Chinese firms could finally be nearing an end, with word that telecoms software...
View ArticleRegulator Tough On Internet TV, Eases On E-Commerce
Regulator fine tunes e-commerce, Internet TV Two major regulatory moves could have opposite effects for different areas of the Internet, providing relief for e-commerce firms while posing yet another...
View ArticleRegulators Become Mediators As Internet Firms Encroach
Regulators in new role as judges for industry clashes China’s regulators have become involved in mediating a growing number of business disputes, reflecting the recent rise of a new generation of...
View ArticleMicrosoft Spotlights Rise Of JD, Anti-Trust Probes
Microsoft probed by Commerce Ministry US software giant Microsoft (Nasdaq: MSFT) is the subject of 2 major news stories today, casting a spotlight on a pair of very different trends involving...
View ArticleINTERNET: Taxi App Mega-Merger Hits Monopoly Speed Bump
Bottom line: China’s regulators are unlikely to veto the merger of taxi apps Didi and Kuaidi, and should encourage similar consolidation to allow for creation of Internet firms that can be globally...
View ArticleINTERNET: Beijing Pressure Continues On Video, E-Commerce
Bottom line: New moves against e-commerce and online video firms are extensions of a broader crackdown on rogue Internet practices, which will slow short-term growth at some companies but ultimately...
View ArticleINTERNET: Alibaba Finds New Home in Beijing
Bottom line: Alibaba’s establishment of a dual headquarters in Beijing for its Tmall unit looks like a smart move to improve relations with government regulators, and should help to avoid future...
View ArticleINTERNET: China Regulator Putting Brakes on Uber-Didi Mega Marriage?
Bottom line: China’s anti-trust regulator’s assertion that the Didi-Uber China mega-merger will require its approval could mark the beginning of a new, tougher stance towards the nation’s rapidly...
View ArticleTRAVEL: China Gets Careful on Marriott-Starwood Approval
Bottom line: China’s anti-trust regulator is moving cautiously in approving the Marriott-Starwood merger because it involves 2 major global brands with a big presence in the high end of the market, but...
View ArticleINTERNET: Antitrust Watchdog Finally Gets Tough with Didi, Uber
Bottom line: The antitrust regulator’s decision to review Didi’s proposed union with Uber China marks the start of a new era of much-needed government oversight of major Internet mergers. Antitrust...
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