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Sogou Receives Privatization Proposal from Tencent

Sogou, 7/27/20

Chinese online search engine operator Sogou (NYSE: SOGO) has announced that today it received a privatization proposal from its largest shareholder, Chinese internet giant Tencent (0700.HK). Read More

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

JD.com Provides Host of Smart Services to Beijing's New Daxing Airport

JD.com, 10/17/19

Chinese e-commerce, logistics, and digital technologies giant JD.com (Nasdaq: JD) announced today that it is working with Beijing's newly opened Daxing Airport to provide traveler's with a host of smart services. Read More

JD.com Upgrades and Rebrands JD Finance to JD Digits

JD.com, 11/20/18

Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More

Baidu, FAW to Jointly Launch L4 Autonomous Passenger Car by End of 2019

Baidu, 11/01/18

Robin Li, CEO of Baidu (Nasdaq: BIDU), announced today at the annual Baidu World event in Beijing that the Chinese internet giant plans for volume production of China’s first Level 4 (L4) Hongqi autonomous driving passenger vehicle in collaboration with Chinese automaker FAW Group, collaboration with Chinese-owned Swedish car manufacturer Volvo to jointly develop electric cars with full autonomous capabilities for the China market, and plans for autonomous driving taxis. Read More

Fintech Company 9f Group Completes Series E

iYiou, 9/27/18

Beijing-based fintech company Jiufu Jinke Holdings Group (9f Group) recently completed an undisclosed amount of Series E funding from SBI Holdings, the investment arm of Japanese financial giant SBI Group. 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

Cross-border E-commerce Payment Platform PingPong Wins RMB 9-digit Series C

iYiou.com, 9/18/18

Hangzhou-based third-party cross-border payment company Pingpeng Intelligent Technology ("PingPong") recently announced that it has secured RMB 9-digit Series C funding from Sinowisdom Asset Management and other investors. Read More

China Issues Draft Regulations on Audio-Visual Programming for Minors

Sina Tech, 8/27/18

China's National Radio and Television Administration (NRTA) recently issued a notice seeking public opinion on a regulatory draft concerning audio-visual programming for minors. Read More

WeChat Applet User Base Reaches 280 Mln

36Kr.com, 6/29/18

Total applet consumer users within Chinese internet giant Tencent's (0700.HK) WeChat mobile messaging app have reached 280 mln as of June 2018, according to applet ecosystem data for H1 2018 published by WeChat applet statistics platform Aldwx.co. Read More