After its founder filed for personal bankruptcy in the US just last week, Chinese tech startup LeEco has seen its Beijing headquarters put up for sale by the capital’s courts after the electronics-to-video streaming group failed to make payment on… Read More>>
JD.Com Hypes 50% Discounts on Home Sales for China’s Singles Day
The real estate unit of mainland e-commerce giant JD.com says it is teaming up with more than 200 Chinese property developers to offer homes at half their market value for the Singles’ Day online shopping festival coming up next month.
JD.Com, Qihoo 360 Buy HK$491M Stake in High-Tech Mainland Property Manager
Mainland e-commerce giant JD.com and internet security provider Qihoo 360 Technology have agreed to buy a combined HK$491 million ($62.87 million) stake in Shenzhen-based residential property manager Colour Life, according to a statement to the stock exchange by the Hong… Read More>>
JD Group Buys Beijing Hotel for RMB 2.7B to Create High Tech Complex
Chinese e-commerce giant JD Group has bought an ageing landmark hotel in Beijing for RMB 2.68 billion ($396 million), with the world’s third-largest Internet firm saying that it plans to convert the facility for business and R&D use.
Beijing-based JD Group… Read More>>
JD.Com Partners with Mainland Brokerage to Lease Homes Online
JD.com this week announced a partnership with one of China’s biggest housing brokers, 5i5j, to make it easier for the nearly 500,000 monthly visitors to China’s second largest ecommerce player to buy and lease homes online.
The two parties signed… Read More>>
Gaw Capital Said Moving Forward With Cityplaza Deal and More Asia Real Estate Headlines
Hong Kong’s glamorous Gaws lead the region’s real estate news again today as sources confirm that a deal to back an HK$15 billion acquisition of a pair of Quarry Bay buildings is moving forward. JD.com makes another of its frequent… Read More>>
ESR Wins Approval for A$693M Aussie Takeover and More Asia Real Estate Headlines
Australia and Thailand lead today’s hottest real estate news stories from around the region as warehouse developer ESR wins another battle in its plan to expand its shed empire and a Singaporean developer goes hotel shopping in Perth. Back in… Read More>>
Tesla Buys Land for Shanghai Factory and More Asia Real Estate Headlines
Leading today’s property news from around the region, one of America’s best known entrepreneurs crossed the front lines of the current trade war to purchase an 860,000 square metre Shanghai site, as Tesla gears up to start production in China.
China Airbnb Competitor Raising $200M From GIC and More Asia Real Estate Headlines
Online, offline and new skyscrapers all get some ink in today’s real estate news as a mainland home -sharing platform aims to raise $200 million from GIC, a Foster+Partners project breaks ground in Shanghai and KPMG predicts big things for… Read More>>
JD.com Pledges to Open 1000 High Tech Supermarkets Within Five Years
China’s second largest e-commerce retailer JD.com is planning to open 1,000 online to offline supermarkets in the next three to five years, stepping up its competition with Alibaba and Tencent to dominate the mainland grocery business.
Wang Xiaosong, CEO of… Read More>>
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