Just in case Alibaba’s Jack Ma needed another win before his ecommerce giant launches its IPO next week, one of China’s biggest real estate agencies announced this week that it has begun selling houses on his group’s Taobao B2C platform.
Wanda Joining Tencent and Baidu in RMB 5B Ecommerce Deal
The companies belonging to three of China’s richest men are joining forces to form a new RMB 5 billion ($814 million) online shopping platform as Dalian Wanda, Tencent and Baidu are reported to be ready to sign a deal as… Read More>>
Growth of China’s Shadow Banks Slows by 36% in Q1
Assets managed by China’s trust management firms grew at only 64 percent of their average rate during the first quarter of 2014, as the country’s shadow-banking industry struggled with worried customers, declining returns, and new competition from online funds.
Government-backed… Read More>>
Jack Ma’s Cainiao Leases 54,000 Sqm from Goodman in Suzhou
Australian real estate developer Goodman Group announced today that it has signed an agreement to lease 54,880 sqm of logistics space in Suzhou to Cainiao, the logistics firm that supports Jack Ma’s Taobao e-commerce platform.
The deal between Goodman and… Read More>>
China Real Estate People in the News 2014-01-20
Each week on Mingtiandi we track who among China’s commercial real estate community has left their role, been promoted, or decided to tell their boss that they are headed off early for Chinese New Year and run out the door,… Read More>>
Jack Ma Takes in $5.75 Bil – And Takes on China’s Real Estate Barons
Not satisfied with sales of RMB 35 billion ($5.75 billion) over his e-commerce sites on a single day, Internet billionaire Jack Ma has decided to take on China’s real estate industry. For the good of the people, of course.
Turning… Read More>>
Vanke Invests $442 Mil in Bank IPO to Move into Finance
China’s real estate companies have captured major headlines for expanding geographically into global real estate markets, and now the country’s biggest developer, China Vanke, is expanding into the finance sector with a $442 million investment into a bank IPO.
Last… Read More>>
Hilton Group Plans 4 Waldorf Astorias in China – and more of Today’s China Real Estate Links | June 14, 2013
Here is a list of the day’s latest China real estate news collected from around the web:
Hilton Worldwide announced that the company’s expansion in Asia Pacific through its luxury… Read More>>
Lunch with Alibaba: If C2B Replaces B2C, Then What Happens to B2B?
I’m just back from lunch with Zeng Ming, the Chief Strategy Officer for Alibaba Group, and am now armed with a few new ideas about the future of e-commerce.
At RightSite we have a clear view of how we think… Read More>>
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