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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 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
Number of Foreign-Invested Telecom Enterprises in China Up 21% Since End of 2019
CAICT, 4/09/20
As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% 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 Health Launches iOS App Following Its Android Version
JD.com, 3/17/20
JD Health, the healthcare subsidiary of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD), officially launched the iOS version of its mobile app today. 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
China's Jan-April Core Internet Industry Revenues Exceed RMB 324 Bln
MIIT, 5/28/19
China's core internet industry, defined as the aggregate of those enterprises holding a telecommunications value-added service license and recording 2018 full-year service revenues of at least RMB 5 mln, generated RMB 324.6 bln in service revenue during the 4-month period from January to April, 2019, according to a new report issued by China's Ministry of Industry and Information Technology (MIIT). 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
Online Corporate Training Service Provider Yunxuetang Completes Series C
PE Daily, 9/25/18
Jiangsu-based online corporate training service provider Yunxuetang Network Technology recently completed Series C funding led by Yunfeng Capital with participation from previous investor SIG China Investment. Read More
Xiaomi-backed Smart Kitchen Appliance Maker Chunmi Wins RMB 9-digit Series C+
iHeima, 9/25/18
Shanghai-based smart kitchen appliance maker Chunmi Electronic Technology today announced the completion of Series C+ funding jointly from NGP Capital and Yingke Innovation Asset Management. Read More
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