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Coke is buying a $400 million foothold in China's fast-growing 'multi-grain drinks' market

2015-04-17 20:31:43| Beverages - Topix.net

Coca-Cola Co has agreed to buy the beverage business of China Culiangwang Beverages Holdings Ltd for $400.5 million including debt, to get a foothold in the fast growing multi-grain drinks category. The deal marks Coke's first takeover in China since the country's antitrust regulator blocked its bid to buy local fruit juice maker Huiyuan in 2010.

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China's Great Cannon Could Point Anywhere When Next Fuse Is Lit

2015-04-17 00:26:08| TechNewsWorld

China, which censors the Internet with its Great Firewall aka the "Golden Shield," has a new censorship tool that is causing alarm. It's known as the "Great Cannon." The University of Toronto's Citizen Lab identified the tool in a report released last week. The Great Cannon was first used in March, to launch a large-scale DDoS attack on GitHub and GreatFire.org, Citizen Lab said.

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China's growth slows to 7%

2015-04-15 04:09:01| BBC News | Business | UK Edition

China's economic growth slowed further in the three months to March this year, expanding 7% compared to a year earlier, in line with most expectations.

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China's Tencent hits $200 billion market cap for first time

2015-04-13 15:34:36| IT Services - Topix.net

China's Tencent Holdings Ltd for the first time hit a market cap of more than $200 billion on Monday, making it more valuable than U.S. tech firms like Amazon.com Inc, IBM Corp and Oracle Corp. The country's biggest social networking and online entertainment firm rose 5.38 percent to close at HK$170.50 in trading in Hong Kong, giving it a market valuation of $206 billion. This is higher than Oracle's $190 billion, Amazon's $178 billion and IBM's $161 billion.

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China's Tencent hits $200 billion market cap for first time

2015-04-13 15:20:44| Telecom - Topix.net

China's Tencent Holdings Ltd for the first time hit a market cap of more than $200 billion on Monday, making it more valuable than U.S. tech firms like Amazon.com Inc, IBM Corp and Oracle Corp. The country's biggest social networking and online entertainment firm rose 5.38 percent to close at HK$170.50 in trading in Hong Kong, giving it a market valuation of $206 billion. This is higher than Oracle's $190 billion, Amazon's $178 billion and IBM's $161 billion.

Tags: time market hits cap

 

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