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China's H1 2019 Internet User Base Reaches 854 Mln
CNNIC, 8/30/19
China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More
China Issues 5G Commercial Operations Licenses
MIIT, 6/06/19
China's Ministry of Industry and Information Technology (MIIT) announced today that it has issued 5G mobile communications commercial operating licenses to four companies, including the parent companies of China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH), and China Telecom (NYSE: CHA; 0728.HK), as well as to national cable TV network operator China Broadcasting Network Corporation. Read More
China's H2 2018 Internet User Base Reaches 829 Mln
CNNIC, 2/28/19
China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More
B2B Wine E-commerce Platform 'E Jiupi' Wins USD 200 Mln Series D
36Kr.com, 9/20/18
Beijing-based Yi Jiupi E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced the completion of USD 200 mln in Series D funding at a valuation of USD 1.1 bln, making it China's latest entry to the internet unicorn club. Read More
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
JD.com, Wal-Mart Invest USD 500 Mln in Online Grocery Delivery Platform Dada-JD Daojia
Sina Tech, 8/09/18
Online grocery delivery platform Dada-JD Daojia (New Dada), operated by Shanghai-based Qusheng Network Technology, recently announced completion of USD 500 mln in new funding from Wal-Mart and Chinese B2C e-commerce platform JD.com (Nasdaq: JD). Read More
Offline Stores to Adopt JD Daojia's Self-service Cashier System
Pintu, 7/19/18
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) O2O local life services app JD Daojia recently announced that its self-service checkout system "Qingsong Gou" (literally "Easy Buy") will be supported by more than 100 partnering retailers including Lvdi Jing Xuan, Fuban, and Xianfeng Shuiguo, covering more than 2,000 offline stores in 30 cities including Beijing, Shanghai, Shenzhen, Shijiazhuang, Yangzhou, Fujian, and Ningbo. Read More
Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong
36Kr.com, 6/15/18
Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More
Yonghui Superstores' Fresh Food Outlet to Begin Drone Delivery Pilot
Tencent Tech, 6/08/18
Yonghui Yunchuang Technology, a subsidiary of Chinese hypermarket and supermarket operator Yonghui Superstores (601933.SH), and Guangzhou-based personal drone developer EHang recently announced a strategic partnership, under which the parties will collaborate on smart retail + drone delivery solutions through a pilot project at the M+ Park outlet of Yonghui's fresh food supermarket brand Super Species in Guangzhou. Read More
Enterprise-focused Online Food Delivery Site Meican Raises RMB 9-digit Series D+
36Kr.com, 5/31/18
Beijing-based Qingsong Meican Technology, operator of enterprise-focused online catering website Meican.com, announced today the completion of RMB 9-digit Series D+ funding from Sunshine Insurance Group. Read More
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