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SME Group Health Insurance Solutions Provider StartupCare Appoints New CEO
CareVoice, 7/07/20
Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. Read More
JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion
JD.com, 6/19/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More
58.com's Zhuan Zhuan to Acquire Used Handset Trading App Zhaoliangji
58.com, 4/07/20
Chinese online classifieds site 58.com (NYSE: WUBA) today announced that Zhuan Zhuan, an online used goods trading platform and a consolidated subsidiary of 58.com, has entered into definitive agreements to acquire a 100% equity interest in the operator of second-hand mobile phone trading app Zhaoliangji. Read More
JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale
JD.com, 11/12/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More
Cainiao Invests in Logistics SaaS Provider Yiliu
Tencent Tech, 9/13/18
Cainiao Network Technology, the smart logistics company established by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently announced a strategic investment in Shenzhen-based Yiliu Technology (835955.NEEQ), operator of supply chain logistics SaaS platform e-TMS and mobile transportation process management app Yiliuyun. Read More
O2O Plastic Surgery Appointment Platform 'Soyoung' Wins USD 70 Mln Series E
36Kr.com, 9/04/18
Beijing-based Xinyang Technology, operator of online and mobile O2O plastic surgery appointment booking platform Soyoung.com, announced today the completion of USD 70 mln in Series E funding led by Orchid Asia Group Management with participation from BOC International, Russia-China Investment Fund, and Matrix Partners China, making Soyoung a unicorn in the field of internet healthcare. Read More
Update: Petroleum B2B E-commerce Site 51zhaoyou Wins USD 150 Mln Series C
36Kr.com, 8/01/18
Shanghai-based Zhaoyou Information Technology, operator of petroleum B2B e-commerce site 51zhaoyou.com, has completed USD 150 mln in Series C1 and Series C2 funding. Read More
Smart Door Lock Developer Yunding Completes RMB 270 Mln Series C+
36Kr.com, 7/11/18
Beijing-based smart door magnetic lock maker Yunding Network Technology recently completed RMB 270 mln in Series C+ funding jointly led by Lan Fund and SIG Asia Investments, with participation from Shunwei Capital Partners, Chinese internet conglomerate Baidu's (Nasdaq: BIDU) Baidu Ventures, Legend Star, China Renaissance K2 Ventures, and DT Capital Partners. Read More
Goldman Leads USD 127 Mln Series D Funding of Fitness Instruction App 'Keep'
36Kr.com, 7/10/18
Beijing-based Calorie Technology, operator of mobile healthcare and fitness app Keep, recently completed USD 127 mln in Series D funding led by Goldman Sachs with participation from Chinese internet conglomerate Tencent (0700.HK), Granite Global Ventures, Morningside Ventures, and Bertelsmann Asia Investments (BAI). Read More
Online Long-term Apartment Rental Platform Danke Gongyu Wins USD 70 Mln Series B+
Sohu.com, 6/06/18
Beijing-based Zi Wutong Asset Management, operator of online and mobile long-term apartment rental platform Danke Gongyu (Eggshell Apartment), announced today the completion of USD 70 mln in Series B+ funding led by Tiger Global Management with full participation from Series B investors China Media Capital, Gaorong Capital (formerly Banyan Capital), Joy Capital, Youjin Capital, Vision Plus Capital, and Bertelsmann Asia Investments. Read More
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