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Amazon China hiring signals ambitions in Alibaba battle

Bloomberg Amazon.com Inc. is hiring by the hundreds in China to fill jobs ranging from internet software engineers to designers for Alexa, positioning the company to recoup some of the market share it lost to Alibaba Group Holding Ltd. in the world’s largest online shopping arena. The online retail giant lists almost 400 Chinese-based openings on its careers website and ...

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Chinese property buyer Cindat to join $660mn QHotels deal

Bloomberg China’s Cindat Capital Management is joining an acquisition of QHotels Group valuing the UK hospitality company at more than $660 million, people with knowledge of the matter said. Cindat, which focuses on overseas property deals, is negotiating a joint purchase of QHotels with UK investment firm Aprirose, according to the people, who asked not to be identified because the ...

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China’s latest crackdown on message groups chills WeChat users

Bloomberg Self-censorship is kicking in fast on WeChat as China’s new rules on message groups casts a chill among the 963 million users of Tencent Holdings Ltd.’s social network. Regulations released on September 7 made creators of online groups responsible for managing information within their forums and the behaviour of members. While they don’t take effect until October, authorities have ...

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