In Part 7 of the Ant Group series, we provide a backdrop of China’s insurance markets and discuss the factors that precipitated Ant to succeed as the leading digital insurance services platform provider in the country. Click here to subscribe and stay tuned for future updates. The Chinese Insurance Markets A common theme in our […]
T-Mall, also known as Taobao-Mall, was split from Taobao in 2011. T-Mall is an e-commerce platform owned by Alibaba Group, where merchants can sell goods to consumers (i.e. the business-to-consumer e-commerce model), as opposed to Taobao, also owned by Alibaba Group, where individuals sell goods to consumers (i.e. the individual-to-consumer e-commerce model). Taobao and T-Mall […]
China Construction Bank is one of China’s largest banks and is the second largest bank in the world in terms of total assets as of 2021. The bank is also included as a Global Systemically Important Bank (G-SIB) by the Financial Stability Board.
An association set up by the People’s Bank of China, the China Securities Regulatory Commission, the China Banking Regulatory Commission and the China Insurance Regulatory Commission (the latter two have since merged to become the China Banking and Insurance Regulatory Commission) to supervise the carrying out of the central government’s policies on internet finance, to […]
A program connecting the Shanghai Stock Exchange and the London Stock Exchange by allowing eligible companies listed on either of the two stock exchanges to issue, list, and trade depository receipts on the counterpart’s stock market in accordance with applicable laws and regulations.
Previously in Part 1, we provided background information on Danke’s history and business model. In this second installment of the Danke series, we analyze the company’s collapse by examining Danke’s financial statements and relevant news reports to identify the key factors that contributed to and could have potentially predicted the company’s downfall. In Part 3, […]
Taobao is an e-commerce platform owned by Alibaba Group, where individuals sell goods to consumers (i.e. the individual-to-consumer e-commerce model), as opposed to T-Mall, an e-commerce platform also owned by Alibaba Group, where merchants can sell goods to consumers (i.e. the business-to-consumer e-commerce model). Taobao and T-Mall combined represent the world’s largest e-commerce platform.
An online financial information platform where investors can post and share their ideas or individual portfolio performance, in addition to purchasing stocks or funds through the company’s brokerage app.
China Foods Limited (中国食品)(HKEX: 0506) is a subsidiary of COFCO Corporation (中粮集团), a Chinese state-owned investment holding company comprising of 15 publicly listed entities that together make up the country’s largest agriculture and food corporation. China Foods’ main business is the manufacturing, distribution, marketing and sales of Coca-Cola products in 19 out of China’s 34 […]
Douyin is the mainland Chinese counterpart of TikTok. Both applications are owned by Chinese company ByteDance, and share very similar features and algorithms. As of March 2021, Douyin had over 600 million daily active users, compared with 689 million monthly active users around the same time for TikTok.
Lingshoutong is analogous to Taobao but is targeted towards convenience store owners rather than retail consumers. Specifically, Lingshoutong was founded as an application for local convenience store owners to make wholesale purchases of items that they would not normally be able to obtain through their regular distributors.
JD Technology was formed in January 2021 as a result of the restructuring of JD Digits and the merger of JD Digits with JD AI and JD Cloud. The unit was created in response to China’s tightening regulatory stance on fintech companies and reflects JD’s intention to focus more on technology development as a whole […]
SAIC Motor, formerly known as Shanghai Automotive Industry Corporation, is a state-owned auto company that is also China’s number one automaker in terms of number of vehicles sold for over 15 years. The company’s portfolio comprises of various joint venture brands with other domestic and foreign auto companies (e.g. Volkswagen Group, General Motors, and Wuling […]
A shell company in the Chinese context typically refers to a publicly listed target company that is acquired so that the acquirer can circumvent the process of going public. Specifically, a private acquirer that wants to go public can avoid going through the uncertainties and complexities of the IPO process by simply acquiring a company […]