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JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale

JD.com, 11/12/19

Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More

Feud between Tencent, Today's Headlines Escalates with Fresh Lawsuits

BiaNews, 6/02/18

Chinese internet conglomerate Tencent (0700.HK) recently issued a statement saying that Beijing-based Bytedance Technology, operator of popular news aggregation platform Today's Headlines and short video apps Douyin and Huoshan ("Volcano"), and its indirectly wholly-owned subsidiary Microlive Vision Technology, have been slandering Tencent through a number of channels, causing serious harm to Tencent's reputation. Read More

Metamorphic Quadruped Robot Maker Daran Lands RMB 5 Mln Angel Funding

PE Daily, 4/27/18

Tianjin-based robot maker Daran Technology recently announced that it has won RMB 5 mln in angel funding led by Daocin Capital with participation from Beijing-based robot developer Zhinengjia Technology. Read More

Digital Signature Platform BestSign Raises RMB 100 Mln Series B Funding

iHeima, 3/05/18

Hangzhou-based Shangshang Qian Network Technology, operator of online and mobile contract-signing platform BestSign, recently announced completion of RMB 100 mln in Series B funding led by Morningside Ventures, with participation from existing shareholders Matrix Partners China, DCM Ventures, Shunwei Venture Capital, and software developer and online entertainment provider Kingsoft (3888.HK). Read More

Beijing Court Uses VR System to Recreate Circumstances of Alleged Crime

Beijing Youth Daily, 3/02/18

The Beijing First Intermediate People's Court recently used a new in-court evidence visualization system during presentation of evidence at a murder trial. Read More

Today's Headlines Sues Baidu Search for Unfair Competition

Sina Tech, 1/30/18

Beijing-based Bytedance Technology, operator of online and mobile news portal Today's Headlines, issued a statement today announcing the filing of a lawsuit for unfair competition against Chinese internet conglomerate Baidu (Nasdaq: BIDU). Read More

Chinese Environmental NGO Sues Top Three Food Ordering Platforms

Beijing Business Today, 9/05/17

The Green Volunteer League of Chongqing, an environmental NGO, recently field three environmental pollution public interest lawsuits in Beijing's Fourth Intermediate People's Court against three food ordering and delivery platforms, including Xiaodu Information Technology, operator of Chinese internet company Baidu's (Nasdaq: BIDU) food delivery app Baidu Takeout Delivery, Rajax Information Technology, operator of online restaurant takeout delivery platform Ele.me, and Sankuai Technology, operator of takeout delivery platform Meituan Waimai. Read More

Rumor: Former Renren Games Employees to Sue over Stock Option Rights

Sina, 5/16/16

Former employees of Renren Games, the online and mobile game development and operations division of Chinese social networking site operator Renren Inc (NYSE: RENN), are reportedly preparing to sue Renren Games and Renren Inc over stock option rights that were allegedly cancelled during Renren's sale of the Renren Games division to a privatization consortium led by Renren Games CEO He Chuan, according to a senior-level source at Renren Games. Read More

AliHealth to Launch New Third-party Drug Tracking Platform

Sina Tech, 5/10/16

Alibaba Health Information Technology (AliHealth) (0241.HK), the health services subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), plans to rebuild its third-party drug tracking platform, which was originally intended to mitigate the problem of counterfeit medications, announced AliHealth VP Wang Peiyu. Read More

Online Radio Platform Qingting FM Secures Series D Funding

Chinambn.com, 2/25/16

Shanghai-based Microphone Culture Media, operator of online and mobile radio platform Qingting FM (Dragonfly FM), recently announced completion of Series D funding led by China Culture Industrial Investment Fund. Read More