by Jonah Kay | Aug 13, 2020 | Real Estate, Financials / Deals
KE Holdings, the China-based operator of Beike and Lianjia, raised $2.12 billion in an initial public offering, more than doubling initial estimates. This content is part of our business intelligence service. Please click the button below to learn more. Subscribe...
by Jonah Kay | Aug 12, 2020 | Recruitment, Financials / Deals
In its quarterly earnings report Monday, 51Job reported revenue declines across the board. Overall, revenue at the Chinese job portal was down 14% year-on-year to RMB 828.6 million ($117.3 million U.S.). This content is part of our business intelligence service....
by Jonah Kay | Aug 10, 2020 | Real Estate, People on the Move
Juwai IQI, the internationally-focused Chinese property site operator, has appointed Leon Kong as general manager of online advertising solutions. Kong is the founder of IProperty Group, which operates property sites across Southeast Asia. Kong has been with Juwai IQI...
by Jonah Kay | Aug 6, 2020 | Automotive, Financials / Deals
TrueCar has sold its automotive insights company, ALG, to J.D. Power for $135 million. The move will give the vehicle listings site much-needed cash, as well as allow it to start a share buyback program. ALG is a data analysis firm that offers insights on new vehicle...
by Jonah Kay | Jul 27, 2020 | Real Estate, Marketplaces, Financials / Deals
KE Holdings, the China-based operator of Beike and Lianjia, has filed for an initial public offering on the NYSE. The move comes amid a turbulent period in the global economy and in U.S.-China relations, which has led several online marketplaces to leave the U.S....
