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Rumor: Didi Chuxing's Takeout Delivery Service May Refocus on Overseas Markets
Caijing.com.cn, 9/17/18
Chinese taxi booking and car hire service app Didi Chuxing's plans to expand its food delivery service Didi Foodie to the cities of Jinan and Xi'an in August were suspended in late July. Read More
Co-working Space MyDreamPlus Raises USD 120 Mln Series C Funding
iFeng, 8/13/18
Co-working space brand Mydream Plus (Mydream+) recently announced completion of USD 120 mln Series C funding led by Hillhouse Capital Management and General Atlantic with participation by prior-round investors Joy Capital, Ocean Link, M31 Capital, and China Renaissance K2 Ventures (K2VC). Read More
Wi-Fi and Bluetooth Chip Maker Asunistar Completes Series A
Zhejiang Today, 4/27/18
Xi'an-based Wi-Fi and Bluetooth chip maker Asunistar Electronics Technology recently announced completion of Series A funding led by Hangzhou-based Tunlun Investment Management with participation by Shenzhen Pusu Capital Management and Zhejiang CODI Capital Group (CODI Fortune). Read More
Sina to Sell 45% Stake in Gaming Subsidiary to Strategic Investors Whole Easy, Mijiao
Whole Easy, 12/12/17
Chinese online game virtual item trading platform operator and mobile game marketing and traffic distribution service provider Whole Easy Internet Technology (002464.SZ) (known as Key Ever Bright Decorative Technology prior to November this year) has announced that it signed an investment and strategic partnership framework agreement with the mainland China operating entity of Sina's (Nasdaq: SINA) microblogging platform Weibo (Nasdaq: WB) in the online gaming, advertising, and entertainment industry domains. Read More
Qihoo 360 to Establish Cyberspace Security Institute
Netease, 11/24/17
Chinese internet services and security software provider Qihoo 360 will soon launch a "360 Cyberspace Security Institute" with trial locations in Wuhan, Xi'an, and Beijing, revealed Qihoo 360 Chief Security Officer Tan Xiaosheng. Read More
Koubei, Alipay Unveil Smart Restaurant Touchscreen Tabletop
Sina Tech, 10/10/17
Online and mobile local life services platform Koubei, operated by Alibaba Group (NYSE: BABA) subsidiary Koukou Xiangchuan Network Technology, recently launched a new "Smart Restaurant of the Future" concept product. Read More
Self-service Snack Shelf Operator Guoxiaomei Lands RMB 8-digit Funding
iFeng Finance, 8/21/17
Chengdu-based unmanned snack shelf operator Guoxiaomei Network Technology recently received pre-Series A and Series A funding totaling an RMB 8-digit sum led by IDG Capital Partners (IDGVC). Read More
JD.com to Invest RMB 20.5 Bln in Logistics Base in Xi'an
Sina Tech, 5/22/17
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) and Xi'an National Civil Aerospace Industrial Base today signed a partnership agreement covering JD.com's global logistics headquarters, unmanned systems production center, and cloud operations center, according to which the parties will create a JD.com Comprehensive Smart Logistics Industrial Base in Xi'an. Read More
JD.com Launches Paid Scheduled Delivery Service
Zol.com.cn, 11/28/16
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) logistics service, JD Logistics, recently launched a new paid "Jing Zhunda" service for customers who need delivery to be made within a specific time window. Read More
Gome to Open 100,000 Microstores on WeChat
Beijing Business Today, 3/27/15
Chinese home appliance and consumer electronics retailer Gome (0493.HK) will establish 100,000 mobile "microstores" this year and has already started large-scale testing of more than 10,000 such stores in Xiamen and Xi'an, according to Gome president Wang Junzhou at the company's 2014 financial results meeting. Read More
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