Yicai Global <br/>一财全球
 | |
| ISIN | 🆔 |
|---|---|
| Industry | Financial Media |
| Founded 📆 | 2016 |
| Founder 👔 | |
| Headquarters 🏙️ | , , |
Number of locations | 1 |
Area served 🗺️ | China |
Key people | Zhou Xin, Martyn Cartwright and Kim Taylor (Founders) |
| Members | |
Number of employees | |
| Parent | Shanghai Media Group |
| 🌐 Website | yicaiglobal |
| 📇 Address | |
| 📞 telephone | |
Yicai Global (Chinese: 一财全球; pinyin: Yīcái Quánqiú) is an English-language financial media organization based in Shanghai, China. Yicai Global is a subsidiary of Yicai Media Group (formally China Business Network),[1][2] which become one of China's prominent financial media groups with the support of its parent company, Shanghai Media Group (SMG).[3][4][5]
History[edit]
Yicai Global was founded by Zhou Xin,[6] Martyn Cartwright and Kim Taylor in 2016 with an English-language copyright purchase deal signed between Yicai Global and the US-based media giant Bloomberg and in February 2016 the organisation started reporting on the economy and business news in English. Xin founded Yicai’s Beijing branch and was assistant managing editor of Caixin Media, Cartwright was a long-time editor at Bloomberg and Nikkei in Japan.
In the early days, Yicai Global supplied approximately 20 news stories on a daily basis to Bloomberg, mainly covering China’s macroeconomy, the business world, Chinese companies, new internet firms, and entrepreneurs. The original content of these news stories were supplied by Yicai’s Chinese news team and then was translated into English.
Applications[edit]
In early 2016, Yicai Global launched its first free news app "Yicai Global - China Biz News” and then in mid 2017, they launched "Yicaiglobal - China Inside Out”.[7]
Controversies[edit]
Bluehole affair[edit]
In August 2017, overseas sources said Chinese internet giant Tencent had invested in Bluehole Studio Inc., the developer of PlayerUnknown's Battlegrounds (PUBG), after its offer to acquire Bluehole was turned down. However, Bluehole told Polygon, an overseas media outlet, via email that this was not true.[8]
“These reports are not accurate,” Bluehole said via email, according to Polygon.com. “Tencent didn't make an investment.” Some rumors circulating suggested that Tencent intended to back Bluehole. The story was originally run by Yicaiglobal.com. The original story cited unnamed sources but was nonetheless picked up by a number of overseas online media outlets, which suggested that the organization may have some insider information.[9][10]
Bitcoin affair[edit]
In September 2017, Yicai Global was one of the first media organizations to publish reports that China’s central government said it does not support virtual currency transactions in China and planned to shutter all trading platforms, stirring market controversies and causing bitcoin prices to drop at one point.[11]Some readers commented Yicai Global had killed bitcoin.[12]
See also[edit]
References[edit]
- ↑ "China's 'new' first-tier cities compete to attract talent". China Plus. 16 October 2017. Retrieved 29 January 2018.
- ↑ "Shanghai Alumni Reunion". Bangor University. 20 October 2016. Retrieved 29 January 2018.
- ↑ "Tencent releases kids' version of QQ". Technode. Retrieved 27 January 2018.
- ↑ "Jack Ma, one of China's richest men, danced on stage to Michael Jackson in front of thousands of employees at a company party". Business Insider. 12 September 2017. Retrieved 27 January 2018.
- ↑ "China to close all bitcoin exchanges by end-September - Yicai". Fortune. 13 September 2017. Retrieved 29 January 2018.
- ↑ "CBN started to test English information services globally". QQ. 2 February 2016. Retrieved 29 January 2018.
- ↑ "Yicai Global - China Biz News". Apple. Retrieved 29 January 2018.
- ↑ "China investigates top local social media sites in push to control content". LinkWay Live. Retrieved 11 February 2018.
- ↑ "PUBG developer says no, Tencent did not buy a piece of our company". Polygon. Retrieved 11 February 2018.
- ↑ "(UPDATED) Tencent Reportedly Investing in PUBG Developer Bluehole Studio". eSports Observer. 14 August 2017. Retrieved 11 February 2018.
- ↑ "China's ban on ICOs is 'just the start' of a clampdown on cryptocurrencies". Business Insider. 5 September 2017. Retrieved 11 February 2018.
- ↑ "Major Chinese bitcoin conference flees to Hong Kong as government cracks down on cryptocurrencies". CNBC. 18 September 2017. Retrieved 11 February 2018.
External links[edit]
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