Amazon $75m purchases Chinese Joyo
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After quite a few of negotiations, China&#39;s non-state-run Joyo.com Ltd. has finally reached a deal with Amazon.com Inc., the US E-commerce giant, which possibly meant a beginning
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SAN FRANCISCO (CBS.MW) -- Amazon.com entered the Chinese market with the $75 million acquisition of Joyo.com, the nation&#39;s biggest retailer of books, music and videos.
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China's biggest computer maker, Lenovo Group, said today it has acquired a majority stake in International Business Machines Corp.'s personal computer business for $1.25 billion, one of the biggest Chinese overseas acquisitions ever.
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China&#39;s biggest computer maker says it has acquired a majority stake in IBM&#39;s personal computer business. The 1.75- billion-dollar deal is one of the biggest Chinese overseas acquisitions ever.
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The China market is finally for real. To the country's new consumers, Western products mean one thing: status. They can't get enough of those Air Jordans
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Amazon.com adds an online video hit to its downloadable arsenal.
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After days of speculation, computer services giant IBM Corp. announced Wednesday a US$1.75-billion deal to sell its PC business to Asia&#39;s largest computer maker.
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Online retailer Amazon.com has begun to accept pre-orders for Windows Vista, which it says "will be released on January 30, 2007." The company is charging $399 USD for the Ultimate Edition of Vista, $239 USD for Home Premium and $199 USD for Home Basic. Vista Business is priced at $299 USD.
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Lenovo Group said Wednesday it has acquired a majority stake in International Business Machines Corp.'s personal computer business for $1.25 billion, one of the biggest Chinese overseas acquisitions ever.
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(InfoWorld) - Microsoft Corp. will invest in Chinese electronics maker Sichuan Changhong Electric Co. Ltd. as part of a project to link televisions and consumer entertainment devices with the Internet. Microsoft China agreed to buy 15 million newly issued Changhong shares at a price of 6.27 renminbi per share, according to a Changhong filing (in Chinese) with the Shanghai Stock Exchange. Microsoft's planned stake in the company is worth 94.1 million renminbi (US$12.3 million). Changhong's announcement follows an agreement between the two companies, signed Friday, to cooperate on a project called Media Galaxy. The goal is to develop, manufacture, and sell televisions, computers and digital entertainment products that connect to the Internet, Changhong said. It did not offer further details. Terms of the investment deal require Microsoft to hold on to its Changhong shares for at least three years.
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Hewlett-Packard Co. has moved aggressively into the PC market in China by introducing a $483 machine, a price point which is in the same ballpark as other lean PCs announced earlier in the year by Lenovo Group.
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, 12/8/2004. IBM&#39;s awaited personal computing division sale to Lenovo Group Ltd. became official this morning with an announcement that Big Blue will pass the unit to China&#39;s number one PC maker for $1.75 billion.
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Advertising giant WPP is to buy US firm Grey Global, in a deal which could be worth as much as Â£750m ($1.3bn). The UK-based group won the auction for Grey Global, the seventh-largest advertiser in the US, against
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Blog: In an acquisition announcement-heavy day, the auction giant announces that it has coughed up $75 million for the 'discovery' service.
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Â· Thomas the Tank Engine items taken off UK shelvesÂ· 70,000 Chinese-made playthings may be affected
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Internet retailer Amazon.com Inc. said on Thursday that it will buy Joyo.com Ltd., which runs some of China's biggest retail Web sites, for about $75 million to gain entry into China's fast-growing market.
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Amazon and Pepsi are giving it away now.