Searching for "group buy"
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As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
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
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
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
Chinese third-party payment processor Alipay and Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao recently partnered to launch a new group buying function, which can now be accessed through a link at the bottom of the Alipay main page. Read More
Chinese group buy app Pinduoduo (Nasdaq: PDD) is reportedly seeking to obtain a third-party payment license indirectly from Shanghai-based electronic bill presentment and payment platform operator FFT Information Service. Read More
China's State Administration for Market Regulation (SAMR) recently announced that it has asked the Shanghai Administration for Industry and Commerce to meet with group buy app operator Pinduoduo (Nasdaq: PDD), following recent media reports of significant numbers of counterfeit and pirated products being sold through the platform. Read More