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Golden Bull Regains Nasdaq Compliance, Completes USD 2.6 Mln Financing

Golden Bull, 5/15/20

China's Golden Bull (Nasdaq: DNJR), which previously announced a pivot from P2P online lending to car rental and bitcoin mining businesses, announced today that it received a written notification from the Nasdaq Stock Market Listing Qualifications Staff indicating that the company had regained compliance with the USD 1.00 minimum closing bid price requirement for continued listing on the Nasdaq Stock Market and the matter is now closed. 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

Baidu Releases New AI Speaker, Smartphone Car Mount

Marbridge Consulting, 11/01/18

Chinese internet conglomerate Baidu (Nasdaq: BIDU) introduced two new artificial intelligence-enabled devices today at its annual Baidu World event in Beijing, including the Xiaodu Smart Speaker Pro 2.0 and Xiaodu Voice Onboard Smartphone Holder. Read More

JD.com to Buy RMB 100 Mln in Servers from Dawning to Support AI, Big Data Projects

Securities Times, 8/15/18

Tianjin-based server manufacturer Dawning Information Industry (Sugon) (603019.SH) has announced that in H1 2018 the company made a successful bid for Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) server procurement project and has now obtained RMB 100 mln to provide the company with GPU heterogeneous servers and related services. Read More

Tencent, Geely Win Bid for 49% Stake in Bullet-train Wi-Fi Provider

Sina Tech, 6/07/18

Chinese internet conglomerate Tencent (0700.HK) and Zhejiang-based automobile manufacturer and distributor Geely Holding (0175.HK) recently announced that they have successfully completed a joint bid to acquire a 49% stake in bullet train Wi-Fi services provider Bullet Train Networks Technology, a subsidiary of China Railway Corporation. Read More

Changjiang, Taiwanese Chip Makers Ally in Bid to Become Apple's Top Memory Supplier

Jiweinet, 4/30/18

Memory chip maker Changjiang Storage Technology, a subsidiary of state-backed private equity firm Tsinghua Unigroup, has recruited Taiwanese chip manufacturers Phison Electronics, Siliconware Precision Industries, and ChipMOS Technologies into a memory industry alliance in order to expand its manufacturing capacity. Read More

Rumor: 100 Investors Bid to Join Drone Maker DJI's USD 1 Bln Funding Round

China Securities Journal, 4/05/18

Shenzhen-based consumer drone maker DJI Technology has reportedly released the results of the first round of competitive bidding in its latest funding round, according to a source close to the matter. Read More

Positioning Services Platform Qianxun's User Base Exceeds 90 Mln

STdaily, 2/08/18

Shanghai-based positioning services provider Qianxun Spatial Intelligence' location services platform has surpassed 90 mln users, announced Chinese state-owned weapons manufacturer China North Industries Group Corporation (Norinco Group). Read More

WeChat Launches Location-based Applet Paid Ranking Function

Ebrun, 9/05/17

Chinese internet and mobile services firm Tencent (0700.HK) recently launched a paid ranking function for location-based applets in its WeChat mobile messaging app. Read More

Steel Maker Shagang to Acquire Internet Data Center Operators

Shagang, 6/15/17

Jiangsu-based steel maker Shagang (002075.SZ) has announced plans to wholly acquire Qingfeng Investment Management and internet data service provider Deli Xunda Technology (Daily Tech), in a bid to further enter the data center industry. Read More