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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
Hangzhou-based Gezixiang Network, operator of mobile intra-city express delivery app Feng Xiansheng (literally "Mr Wind"), has completed USD 8-digit Series C funding from Daosheng Capital and Jolly Information Technology, operator of B2C e-commerce apparel site Jollychic.com. Read More
Chinese e-commerce conglomerate Alibaba Group's Cloud Computing subsidiary AliCloud has partnered with the China Meteorological Administration's (CMA) Public Weather Service Center on the use of big data for weather forecasting and other purposes. Read More
China's Ministry of Industry and Information Technology (MIIT) has announced IT product export statistics for the first four months of 2013, with total national import/export value up 30.7% YoY to reach USD 446.04 bln. Read More
China's Ministry of Industry and Information Technology (MIIT) has announced IT product export statistics for the first eleven months of 2011, with total national import/export value up 4.1% YoY to reach USD 1.069 trln. Read More
A source inside China Telecom (NYSE: CHA; 0728.HK) recently told Tencent Tech that the operator began testing the use of IPv6 for its homepage at the start of this month. Read More
Swedish telecom equipment maker Ericsson has filed a patent infringement lawsuit against Chinese telecom equipment manufacturer ZTE (0763.HK; 000063.SZ) in the UK, Italy, and Germany. Read More
US-based professional networking site LinkedIn became inaccessible from within Mainland China today. Read More
Chinese conglomerate Xinmao Group yesterday announced it still intends to bid EUR 1 bln to acquire Dutch cable manufacturer Draka Holdings, but faces competition from a counteroffer by Italian cable maker Prysmian. Read More
Ye Haifeng, CEO of Chinese online handbag B2C e-commerce firm Mbaobao, has disclosed that the company has USD 30 mln in first-round funding from Doll Capital Managment and Legend Capital. Read More