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Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019
CAICT, 7/08/20
As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale
JD.com, 11/12/19
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
JD.com Opens "E-Space" in Chongqing, Its Largest Offline Store to Date
JD.com, 11/07/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) announced today, as part of its vision for a boundaryless retail experience, that it will open "JD E-Space," a custom-built, 50,000-square-meter shopping destination in Chongqing. Read More
Alibaba Joins Series A Funding of VR and AR Solutions Provider Plex-VR
7tin.cn, 12/27/17
Shanghai-based virtual reality and augmented reality solutions provider Plex-VR Digital Technology recently announced completion of RMB 9-digit Series A funding led by Chinese internet conglomerate Alibaba Group (NYSE: BABA), GSR Ventures, and SAIF Partners. Read More
Alipay Launches Invitation-only Social Groups
Sina Tech, 11/08/16
Chinese third-party payment processor Alipay has rolled out a number of invitation-only social groups based on tagged social identities or affinities, such as "Overseas Educated Chinese Returnee Elites," "US TV Shows," and "Eligible Singles," according to various Alipay users who have received invitations to join the groups. Read More
Alibaba Releases Mobile VR Online Shopping Experience 'Buy+'
Leiphone, 11/01/16
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao recently launched a new virtual reality (VR) online shopping experience called Buy+ in its mobile app. Read More
Suning Logistics Begins Limited Delivery Services for Tmall Supermarket
Ebrun, 9/21/15
Suning Logistics, a service run by Chinese consumer electronics and home appliance retailer Suning (002024.SZ), has begun handling deliveries for Alibaba Group's (NYSE: BABA) online supermarket platform Tmall Supermarket. Read More
Didi Kuaidi System to Suggest Price Premium Needed to Attract a Car
Tencent Tech, 8/11/15
A spokesperson for Chinese mobile taxi booking and car hire app operator Didi Kuaidi recently stated that the company plans to bring a "dynamic price adjustment system" online. Read More
JD.com Wins 'Grade A' Online Drug Sales Certification
36Kr.com, 12/26/14
China's State Food and Drug Administration has announced that it has issued a "Grade A Online Drug Sales Platform" certification to Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD). Read More
Mogujie's Singles Day GMV Surpasses RMB 100 Mln
Tencent Tech, 11/11/14
Chinese online shopping SNS site Mogujie has announced that, since the launch of Mogujie's "Singles Day" promotions on November 10, gross merchandise volume (GMV) on the site has exceeded RMB 100 mln. Read More
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