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JD Health, Siemens Healthineers Partner to Support China's Private Hospitals
JD.com, 7/03/20
On June 30, Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK)'s healthcare subsidiary JD Health and Siemens Healthineers, a leading healthcare company, entered into an agreement to boost service capacity for China's private hospitals. 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
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
Update: Online Real Estate Trading Platform Fangdd Prepares to IPO Next Year
Sina.com, 6/29/18
Shenzhen-based Fangduoduo Network, operator of online real estate trading platform Fangdd.com, will submit filings on September 28 for an IPO on the Hong Kong Stock Exchange in early 2019. Read More
Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses
Happigo, 6/22/18
TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. 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
Low Power WAN Solution Provider EasyLinkin Raises RMB 230 Mln Series B+
36Kr.com, 6/07/18
Wuhan-based low-power wide area network (LPWAN) solution provider Huilian Wuxian Technology (EasyLinkin) has completed RMB 230 mln in Series B+ funding led by China Growth Capital with participation by Qianhai Xingwang Investment Management and Zongzhou Finance. Read More
Alibaba's Car Operating System Debuts AR Navigation Function
Vrrb.cn, 4/24/18
Chinese internet conglomerate Alibaba Group's (NYSE: BABA) operating system AliOS and its smart car system developer Banma Network Technology recently published videos demonstrating augmented reality (AR) navigation capabilities in a variety of driving scenarios, marking the world's first integration of AR navigation into a vehicle OS. Read More
Qianxun Spatial Intelligence Launches Drone Supervision Platform
TechWeb, 4/24/18
Qianxun Spatial Intelligence, a joint venture between Chinese internet conglomerate Alibaba (NYSE: BABA) and state-owned weapons manufacturer Norinco Group, recently announced the launch of a drone monitoring platform called "Zhiyi" (roughly "Known Wings"). Read More
JD.com Expands to Spain
Tencent Tech, 4/16/18
Richard Liu, chairman and CEO of Chinese B2C e-commerce platform JD.com (Nasdaq: JD), recently traveled to Madrid to attend the World Retail Congress and promote JD.com's new Spanish language platform Joybuy.es. Read More
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