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JD Retail Partners with Video Sharing and Livestreaming App Kuaishou
JD.com, 5/27/20
JD Retail, the retail business of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD), has announced a strategic partnership with Chinese video sharing and livestreaming platform Kuaishou to develop a short video e-commerce livestreaming ecosystem. Read More
JD Health Launches iOS App Following Its Android Version
JD.com, 3/17/20
JD Health, the healthcare subsidiary of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD), officially launched the iOS version of its mobile app today. Read More
JD.com's 7Fresh Opens First "Seven Fun" Lifestyle Space + Convenience Store
JD.com, 12/24/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD)'s 7Fresh fresh food supermarket chain launched the first of its Seven Fun lifestyle spaces today in Beijing. Read More
China Unicom, China Telecom to Co-Build Shared Nationwide 5G Access Network
China Unicom, 9/09/19
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), each of which holds a roughly 20% share of China's approximately 1.6 bln mobile subscriber base, today jointly announced that the two network operators will co-build and co-share a single, nationwide 5G access network. Read More
China's Jan-April Core Internet Industry Revenues Exceed RMB 324 Bln
MIIT, 5/28/19
China's core internet industry, defined as the aggregate of those enterprises holding a telecommunications value-added service license and recording 2018 full-year service revenues of at least RMB 5 mln, generated RMB 324.6 bln in service revenue during the 4-month period from January to April, 2019, according to a new report issued by China's Ministry of Industry and Information Technology (MIIT). Read More
Baidu Posts Q1 2019 Net Loss of RMB 327 Mln
Baidu, 5/16/19
Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More
JD.com Upgrades and Rebrands JD Finance to JD Digits
JD.com, 11/20/18
Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More
Eyeglasses Retailer Coterie Wins RMB 100 Mln Series C from ChinaEquity Group
36Kr.com, 9/17/18
Shanghai-based eyeglasses retailer Youtong Trading (Coterie) recently announced completion of RMB 100 mln in Series C funding from ChinaEquity Group (833858.NEEQ). Read More
Messaging App 'Bullet Messaging' Exceeds 7 Mln Users, Plans RMB 1 Bln User-acquisition Push
All Weather TMT, 9/07/18
Luo Yonghao, CEO at Beijing-based mobile OS developer Chuizi Technology and an early investor in Beijing-based Kuairu Technology, operator of mobile instant messaging app Zidan Duanxin (Bullet Messaging), recently published a message on microblogging platform Weibo, stating that Bullet Messaging now has more than 7 mln active users, but that user growth is beginning to cool. Read More
STEAM Education Solutions Provider Makeblock Wins RMB 300 Mln Series C
36Kr.com, 8/30/18
Shenzhen-based Maker Works Technology, developer of STEAM (Science, Technology, Engineering, Arts, and Math) education solutions provider Makeblock, has announced the completion of RMB 300 mln in Series C funding led by CICC Alpha Investment Fund Management, with participation by Yuexiu Industry Investment Management, GX Capital and Lang Ma Feng VC. Read More
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