Hon Hai's company received a US $40 million investment from Google to deepen cooperation in the field of industrial yuan universe
Recently, Huahan technology, a subsidiary of Hon Hai group, announced that Google International LLC purchased 4.88 million shares of the company through private placement, with a price of NT $226.92 per share. Based on this calculation, Google acquired 4.6% equity of the company at a price of $40 million, becoming its third largest legal shareholder. The transaction is tentatively scheduled to be completed before January 11. It is reported that Google and Huahan technology will further deepen cooperation in the fields of software and hardware integration platform and industrial meta universe.
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Consumer Discretionary
"Brothers, Help Me Rebuild the Arab Empire"? Unveiling the Middle Eastern Gaming Market
Saudi Arabia's gaming market is booming. Due to Saudi tycoons spending money lavishly on games, Chinese gaming companies, which started exploring the Middle Eastern market as early as 2009, have reaped substantial rewards through strategic localization. As the Middle East gaming market continues to evolve, understanding the region's unique preferences and opportunities is crucial for companies aiming to thrive in this dynamic landscape.
Aug 22, 2024 06:39 PM
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Briefing Jun 18, 2022 05:33 PM
· Technology
Shanghai Petrochemical: it will cooperate with the investigation that the shutdown of relevant devices will not have a significant impact on the market
Briefing Jun 18, 2022 09:24 AM
· Technology
Shanghai Petrochemical: the fire has been controlled
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· Financials
The total box office of Jurassic world 3 exceeded 300million
Technology
Weibo Experienced a Surge in Advertising Revenue Worth USD 427 Mn in Q1 2022
On June 1, China’s leading social media platform Weibo released its annual financial statements for the first quarter of 2022. The company’s advertising revenue reached USD 427 million, up 10% year on year.
Jun 03, 2022 12:59 AM
Communication · Analysis
Hong Kong IPO at a Glance: Weibo Corporation
The Twitter-like platform completed its secondary listing on December 8, 2021.
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· Financials
Issuance of guidelines on remuneration management of fund companies bound to the interests of holders
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· Consumer Staples
Guangdong 711 responded to the inappropriate advertising language of the poster: the relevant stores have been ordered to remove the poster immediately
Most of the popular Chinese stocks rose before the US market, and the B station rose by more than 7%
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· Automotive
China Advertising Association issued a document on the suspected plagiarism of Audi brand advertising
Briefing May 23, 2022 10:24 AM
· Technology
New urbanization stocks fell in shock
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