JD.com, China’s largest online direct sales company, has raised $1 billion, for its JD Finance subsidiary from investors including Sequoia Capital China, China Harvest Investments and China Taiping Insurance.
Sectors
Hang Lung’s chief confident about Hong Kong property market being ‘healthiest’ in 25 years
In the face of declining home prices, as evident from the last quarter, the chairman of Hang Lung Group, Hong Kong's leading developer, expressed that the city property market is now more robust than it has ever been in the last 25 years.
Nissan Leaf buyers treated with two years free charging
Nissan provides two years of free charging for owners of its electric vehicle Leaf through the “No Charge to Charge” program. That program is now available in 26 states in the US.
Forbes sets guidelines on when to hire digital consultants
The digital consulting market is a fast growing industry, and Forbes has given guidelines on determining when to hire a digital consultant.
Head of China Securities Regulatory Comission To Step Down
Chairman of China Securities Regulatory Commission (CSRC) was reported to offer his resignation. Xiao Gang handed his resignation last week following a failure in executing circuit breaker system in China stock markets.
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As oil price continues to plunge, two Japan airlines:Air Nippon Airways (ANA) and Japan Airlines (JAL) decided to eliminate fuel surcharge. This will trim the airline tickets price substantially. Both airlines are also actively searching for alternative fuel.
With the advancement of technologies, businesses would prefer robots or artificial intelligence as workers. However, the industries would still need growing numbers of certain skilled workers.
Spotify and Genius work together to provide a better and deeper music experience for their users. Fact Tracks shows lyrics, along with annotations from the community or the artist itself.
President Obama's plan to stall the growing migration crisis has culminated into a global fund of $70 million, to help refugees find a home in the United States, or anywhere in the world. A new cap of 1,00,000 refugees per year from 70,000 goes to indicate the gravity of the situation.
Michigan appears to be the first US state to enjoy gas at $0.77 a gallon. The states closer to the refineries or containing those, enjoy gas at a relatively cheaper price. In the blink of further oil price fall, the US states, who are badly hit due to falling oil price, are considering to increase gas tax. These states aim to continue development works in communication sector, which they are unable to allocate with the problem riddled economies.
A simple formula by an ace mathematician has managed to challenge the 'endless' claim on its slogan by the fast food giant, McDonald's
Japan's Prime Minister's focus on improving the nation's day care facilities to help women population work. This, he believes, plays a pivotal role in improving the sluggish economy as well as their ageing population.
Skype has finally announced the addition of its long-awaited feature - free group video calls. This will be available for all Android, Windows and iOS mobile phones. The application is said to support around 25 participants in a group video call.
Previously, the company has also purchased German's KraussMaffei Group. Also, Chinese companies investment overseas is growing.
