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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
Beijing-based customer relationship management (CRM) Software as a Service (SaaS) provider Wofeng Shidai Data Technology (Udesk) recently announced the completion of RMB 300 mln in Series C funding led by Tiger Global Management, with participation from DCM Ventures and Legend Capital. 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
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
Fujian Newland Science & Technology Group subsidiary Newland Computer (000997.SZ) has been officially approved by China's Ministry of Commerce to set up its own subsidiary in Taiwan, thereby becoming the first mainland company to invest in Taiwan. Read More
China Mobile (NYSE: CHL; 0941.HK) Chairman and CEO Wang Jianzhou has said the operator is to continue working on Next Generation Mobile Network (NGMN, or 4G) standards. Read More