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JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion
JD.com, 6/19/20
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
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
Translation Earphone Maker TimeKettle Lands RMB 7-digit Angel Funding
36Kr.com, 3/19/18
Shenzhen-based real-time translation earphone maker Timekettle Technologies recently announced completion of RMB 7-digit angel funding from Beijing-based translation solutions provider New Tranx Information Technology and Shenzhen-based Jinxi Venture Capital Management. Read More
Nine Chinese Handsets Makers to Launch Download-free App Standard
IT Home, 3/15/18
Nine Chinese handset manufacturers, including Xiaomi, ZTE (0763.HK; 000063.SZ), Huawei, Gionee, Lenovo (0992.HK), Meizu, ZTE sub-brand Nubia, Oppo, and Vivo, will launch a "Kuai Yingyong" (literally "Fast Application") standard on March 20 which will replace regular apps in some scenarios. Read More
Rumor: Didi Chuxing to Launch Takeout Delivery Service in 9 Cities
Caijing, 3/06/18
Chinese taxi booking and car hire service app Didi Chuxing will reportedly launch a new takeout delivery service called Didi Waimai (Didi Takeout Delivery) in nine cities including Wuxi, Nanjing, Changsha, Fujian, Jinan, Ningbo, Wenzhou, Chengdu, and Xiamen, according to online media outlet Caijing. Read More
Co-working and Business Consulting Service Kr Space Raises RMB 600 Mln Pre-B Funding
Kr Space, 1/11/18
Beijing-based Kr Space Information Technology, operator of co-working space and business consulting services platform Kr Space, recently announced completion of RMB 600 mln in pre-Series B funding. Read More
China's MIIT Releases September 2017 Telecom Statistics
MIIT, 10/19/17
China's Ministry of Industry and Information Technology (MIIT) has released its September 2017 and Jan-Sep 2017 telecom industry statistics. Read More
Self-service Snack Shelf Operator Lingwa Secures RMB 8-digit Series A
36Kr.com, 8/22/17
Hangzhou-based Lingdaiwa Network Technology, operator of office-focused self-service snack shelf brand Lingwa, recently received RMB 8-digit Series A funding from Long Hill Capital. Read More
Kunlun Wholly Acquires American Gay SNS App Grindr
Kunlun Tech, 5/23/17
Beijing-based PC and mobile online game developer and operator Kunlun Technology (300418.SZ) has announced the company has wholly acquired Grindr Holding Company, the operator of US gay-oriented social networking app Grindr. Read More
Leshi Internet Denies Rumor of Bribing CSRC Official over IPO
Leshi Internet, 11/10/16
Chinese online video content and smart device firm Leshi Internet Information and Technology (300104.SZ) recently denied rumors that it bribed Li Liang, formerly a senior official at the China Securities Regulatory Commission, in connection with Leshi Internet's initial public offering (IPO). Read More
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