It is reported that China Resources Vientiane life leads rongchuang service and Vanke in bidding for Jones Lang LaSalle's China business

CCRC In China: A Rosy Picture for a Silver Future, but Still a Greenhorn Venture

The model of elderly care service represented by the United States, the Continuing Care Retirement Community (CCRC), is gradually attracting attention in China.

AliExpress Expands YouTube Shopping Partnership to UK, Germany, Brazil and US

AliExpress（速卖通）, Alibaba’s（阿里巴巴）cross-border e-commerce platform, announced a global strategic affiliate partnership with YouTube on October 20, expanding cooperation to the United Kingdom, Germany, Brazil and the United States. The arrangement gives eligible creators another source of products to recommend and provides AliExpress merchants with an additional route to overseas consumers.

Anjoy Agrees to Acquire 60% of Singapore’s IFC for US$30.5 Million

Anjoy Foods Group (安井食品) has agreed to acquire 60.0005% of Singapore-based International Foodgnostics Corporation Pte. Ltd. (IFC) for US$30.47 million in cash. The proposed acquisition would add frozen bakery capabilities and operations in China, Singapore and Malaysia.

Robam and Controlling Shareholder Plan Up to CNY 1.3 Billion to Fund iTronics Acquisition

Hangzhou Robam Appliances (老板电器) and its controlling shareholder plan to contribute up to CNY 1.3 billion to fund the proposed acquisition of 60% of iTronics Holding Limited, expanding the kitchen-appliance maker’s access to North American and European sales channels. Robam’s board approved the funding proposal on October 9; shareholder approval and completion remain pending.

Vanke Property Services Unit Aims A Billion-USD IPO

Onewo, formerly known as Vanke Service, was once the property service department of Vanke. The company’s earliest official announcement that it would split Onewo to go public was in 2021.