Perfect World Co Ltd, a Chinese movie and gaming company, is targeting digital-savvy younger generation with products protected by intellectual property or IP rights.
Paul Fleischman
People can find nearby restaurants, reserve hotels, order take-outs, book a film ticket, all with a tap on a smartphone screen. The company also entered the ride-hailing sector recently to link dining with transportation where users can directly book a taxi where they reserved a restaurant table for lunch/dinner.
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Peng pointed out that there will be closer cooperation between central SOEs and firms with other types of ownership as more central SOEs venture overseas.