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Sogou Receives Privatization Proposal from Tencent
Sogou, 7/27/20
Chinese online search engine operator Sogou (NYSE: SOGO) has announced that today it received a privatization proposal from its largest shareholder, Chinese internet giant Tencent (0700.HK). Read More
JD Health, Siemens Healthineers Partner to Support China's Private Hospitals
JD.com, 7/03/20
On June 30, Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK)'s healthcare subsidiary JD Health and Siemens Healthineers, a leading healthcare company, entered into an agreement to boost service capacity for China's private hospitals. Read More
JD.com Provides Host of Smart Services to Beijing's New Daxing Airport
JD.com, 10/17/19
Chinese e-commerce, logistics, and digital technologies giant JD.com (Nasdaq: JD) announced today that it is working with Beijing's newly opened Daxing Airport to provide traveler's with a host of smart services. 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
Baidu, FAW to Jointly Launch L4 Autonomous Passenger Car by End of 2019
Baidu, 11/01/18
Robin Li, CEO of Baidu (Nasdaq: BIDU), announced today at the annual Baidu World event in Beijing that the Chinese internet giant plans for volume production of China’s first Level 4 (L4) Hongqi autonomous driving passenger vehicle in collaboration with Chinese automaker FAW Group, collaboration with Chinese-owned Swedish car manufacturer Volvo to jointly develop electric cars with full autonomous capabilities for the China market, and plans for autonomous driving taxis. Read More
Fintech Company 9f Group Completes Series E
iYiou, 9/27/18
Beijing-based fintech company Jiufu Jinke Holdings Group (9f Group) recently completed an undisclosed amount of Series E funding from SBI Holdings, the investment arm of Japanese financial giant SBI Group. 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
Cross-border E-commerce Payment Platform PingPong Wins RMB 9-digit Series C
iYiou.com, 9/18/18
Hangzhou-based third-party cross-border payment company Pingpeng Intelligent Technology ("PingPong") recently announced that it has secured RMB 9-digit Series C funding from Sinowisdom Asset Management and other investors. Read More
WeChat Applet User Base Reaches 280 Mln
36Kr.com, 6/29/18
Total applet consumer users within Chinese internet giant Tencent's (0700.HK) WeChat mobile messaging app have reached 280 mln as of June 2018, according to applet ecosystem data for H1 2018 published by WeChat applet statistics platform Aldwx.co. Read More
Century Huatong to Complete Acquisition of Shanda Games
Century Huatong, 6/12/18
Zhejiang-based online game operator and plastic parts and molds maker Century Huatong Group (002602.SZ) disclosed today the signing of a letter of intent with Shanghai Yaoquru Network Technology that will realize the long-awaited return to China's A-shares market of online game developer and operator Shanda Games. Read More
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