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China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of August 2020. Read More
China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of July 2020. Read More
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) has announced that the JD Health Diabetes Center was officially launched on April 15. Read More
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
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
Shanghai-based smart animal husbandry technology company Ruixu Electronic Technology ("Smart AHC") recently won RMB 8-digit Series A funding from Kuandai Huizhi Investment Management and Dalu Capital. Read More
Hangzhou-based digital transformation solutions and products provider Yunxi Technology recently announced completion of RMB 150 mln in Series A+ funding led by Sequoia Capital China with participation by Series A investor Yunfeng Capital. Read More
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
Beijing-based Huitong Tianxia IOT Technology, operator of online logistics platform G7, is reportedly about to complete a new round of USD 9-digit funding, according to a source familiar with the matter. Read More
Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Chinese internet conglomerate Alibaba Group (NYSE: BABA) announced this morning that they will establish a joint venture subsidiary called Yunli Zhihui Technology, with RMB 353 mln in registered capital. Read More