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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
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
China Unicom, China Telecom to Co-Build Shared Nationwide 5G Access Network
China Unicom, 9/09/19
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), each of which holds a roughly 20% share of China's approximately 1.6 bln mobile subscriber base, today jointly announced that the two network operators will co-build and co-share a single, nationwide 5G access network. Read More
Today's Headlines Launches Applet Function
Techweb, 9/18/18
Online and mobile news portal platform Today's Headlines, operated by Beijing-based Bytedance Technology, recently announced a new in-app applets function, following the release of applet functions by other platforms such as Tencent's (0700.HK) WeChat mobile messaging app, Alibaba's (NYSE: BABA) third-party payment platform Alipay, and search giant Baidu (Nasdaq: BIDU). Read More
Eyeglasses Retailer Coterie Wins RMB 100 Mln Series C from ChinaEquity Group
36Kr.com, 9/17/18
Shanghai-based eyeglasses retailer Youtong Trading (Coterie) recently announced completion of RMB 100 mln in Series C funding from ChinaEquity Group (833858.NEEQ). Read More
JD Logistics, ABB Ally on Logistics Smart Manufacturing and Robot Product Supply Chain
iKanchai.com, 9/12/18
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) self-operated logistics business, JD Logistics, and robot technology and solutions provider ABB recently signed a strategic partnership agreement to cooperate on logistics industry smart manufacturing and robot product supply chain services. Read More
Fresh Food M-commerce App Missfresh Wins USD 450 Mln Funding
Tencent Tech, 9/06/18
Beijing-based Missfresh E-Commerce, operator of fresh food ordering app Missfresh, recently announced completion of USD 450 mln in new funding led by Goldman Sachs Investment Partners, Chinese internet conglomerate Tencent (0700.HK), Jeneration Capital, and Davis Selected Advisers with participation by Poly (Hengqin) Capital Management, Glade Brook Capital, and China Renaissance New Economy Fund, as well as prior-round investors Tiger Global and Sofina. Read More
SenseTime, SoftBank Join RMB 1.36 Bln Round in AI-based Video Solutions Firm Moviebook
Huanqiu Tech, 8/07/18
Beijing-based AI video solutions provider Moviebook Technology recently announced completion of RMB 1.36 bln in Series D funding from more than ten investors and strategic partners including computer vision and AI technology developer SenseTime Technology, SoftBank China Venture Capital, Shanghai-based media firm Oriental Pearl Media (600637.SH), PAC, Shenzhen Qianhai Wutong M&A Fund, Langsheng Investment, and individual investor Ge Weidong. Read More
Taobao Launches Mobile Gaming Platform to Compete with WeChat Mini Games
36Kr.com, 8/06/18
Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao has now been operating a mobile mini games platform for approximately two months, according to online media outlet 36Kr.com, indicating that the platform is more than just a distribution channel for Alibaba Games' Chinese version of Japanese mobile casual game Travel Frog, but a mini games platform similar to WeChat's in-app games platform. Read More
Suning Logistics Launches Instant Delivery Solution
Huanqiu Tech, 7/28/18
Chinese consumer electronics and home appliance retailer Suning.com's (002024.SZ) logistics service, Suning Logistics, has launched an on-demand delivery solution called "Suning Miaoda" (roughly "Arrive in Seconds"). Read More
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