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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
JD.com Upgrades and Rebrands JD Finance to JD Digits
JD.com, 11/20/18
Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More
Sequoia Capital, Yunfeng Invest RMB 150 Mln in IT Services Provider Yunxi
iYiou, 9/19/18
Hangzhou-based digital transformation solutions and products provider Yunxi Technology recently announced completion of RMB 150 mln in Series A+ funding led by Sequoia Capital China with participation by Series A investor Yunfeng Capital. Read More
JD Fresh Tests One-Hour Home Delivery in Beijing
TechWeb, 5/30/18
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) fresh food channel JD Fresh recently announced that it is testing one-hour delivery service in Beijing. Read More
Alibaba Invests RMB 4.5 Bln in Rural B2B E-commerce Platform Huitongda
Jiangsu Financial Herald, 4/17/18
Chinese internet conglomerate Alibaba Group (NYSE: BABA) and Five Star Investment Holdings Group recently announced a strategic partnership, according to which Alibaba will invest RMB 4.5 bln in Jiangsu-based rural-user-facing appliances B2B e-commerce marketplace operator Huitongda Network Holdings, a subsidiary of Five Star Investment Holdings Group. Read More
B2B Fresh Produce M-commerce App 'Song Xiaocai' Wins RMB 230 Mln Series B1
36kr.com, 1/22/18
Hangzhou-based Xiaonong Network Technology, operator of B2B fresh vegetable m-commerce app Song Xiaocai, has completed RMB 230 mln in Series B1 funding led by Global Logistics Properties with participation from IDG Capital Partners, Matrix Partners China, Puhua Capital, and Index Capital. Read More
Rural B2B E-commerce Platform 'Huitongda' Wins RMB 500 Mln Funding
Tencent Tech, 12/22/17
U.S.-China Green Fund announced today the completion of a RMB 500 mln investment in Jiangsu-based Huitongda Network Holdings, operator of rural-user-facing home appliance and equipment B2B e-commerce marketplace Huitongda. Read More
JD.com Forms Goods Tracking and Anti-counterfeiting Alliance
Sina Tech, 6/09/17
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recently announced the establishment of a quality tracking and anti-counterfeiting alliance with China's Ministry of Agriculture, the State Quality Inspection Administration, the Ministry of Industry and Information Technology, the China Quality Certification Center, and numerous brands in the fresh food and consumer industries. Read More
Rural E-commerce Platform 51mhl.com Completes RMB 1 Bln Series A
Ctsbw.com, 2/27/17
Shenzhen-based Maihuolang Information Technology, operator of rural e-commerce platform 51mhl.com, recently completed RMB 1 bln in Series A funding from Shenzhen New Industry Venture Capital, Weiji Investment, and Qianhai GreatWall Fund. Read More
AliHealth to Launch New Third-party Drug Tracking Platform
Sina Tech, 5/10/16
Alibaba Health Information Technology (AliHealth) (0241.HK), the health services subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), plans to rebuild its third-party drug tracking platform, which was originally intended to mitigate the problem of counterfeit medications, announced AliHealth VP Wang Peiyu. Read More
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