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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020
CAICT, 1/07/21
As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Down 4.2% QoQ in Q1 2020
CAICT, 4/30/20
Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019
CAICT, 1/14/20
Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 0.5% QoQ in Q3 2019
CAICT, 10/15/19
The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Alibaba's DingTalk Collaboration App Invests in Office Automation SaaS Firm Landray
36Kr.com, 9/27/18
Shenzhen-based enterprise SaaS provider Landray Software recently announced that it has raised RMB 9-digit strategic funding from Chinese internet conglomerate Alibaba Group's (NYSE: BABA) team collaboration app DingTalk (Dingding). Read More
Ant Financial Leads Series A3 Funding of Men's Online Customized Outfitter Champzee
36Kr.com, 9/25/18
Hangzhou-based Chuiyi Network Technology, operator of subscription men's apparel service "Champzee," recently completed Series A3 funding led by Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), with participation from China Broadband Capital's Chenshan Fund. Read More
Today's Headlines Launches Applet Function
Techweb, 9/18/18
Online and mobile news portal platform Today's Headlines, operated by Beijing-based Bytedance Technology, recently announced a new in-app applets function, following the release of applet functions by other platforms such as Tencent's (0700.HK) WeChat mobile messaging app, Alibaba's (NYSE: BABA) third-party payment platform Alipay, and search giant Baidu (Nasdaq: BIDU). 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
Alibaba's UCWeb to Invest RMB 500 Mln to Support Original Content Creation
TechWeb, 9/13/18
Alibaba Group's (NYSE: BABA) UCWeb subsidiary, operator of mobile browser UC Browser, recently announced a "U Creator Plan" to encourage the production of premium original content. Read More
Used Car Trading Site Souche Secures USD 578 Mln Series F
36Kr.com, 9/03/18
The CEO at Beijing-based Souche Holdings, which operates C2C used car trading platform Souche.com, recently sent an internal email revealing that the company has completed USD 578 mln in new funding led by Primavera Capital Group and Morningside Ventures with participation by Chinese internet conglomerate Alibaba (NYSE: BABA), Beijing-based Dreamfly Capital Management, Lingfeng Capital, Shenzhen-based Palading Equity Investment, ClearVue Partners, Russia-China Investment Fund, Sunshine Insurance Group, and CreditEase. Read More
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