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JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion

JD.com, 6/19/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More

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

Eyeglasses Retailer Coterie Wins RMB 100 Mln Series C from ChinaEquity Group

36Kr.com, 9/17/18

Shanghai-based eyeglasses retailer Youtong Trading (Coterie) recently announced completion of RMB 100 mln in Series C funding from ChinaEquity Group (833858.NEEQ). Read More

Electric Car Maker CHJ Automotive Wins RMB 3 Bln Series B

36Kr.com, 3/22/18

Beijing-based automobile startup CHJ Information Technology (CHJ Automotive) has announced the recent completion of RMB 3.0 bln in Series B funding from Matrix Partners China and a new energy fund in Shougang Fund's portfolio. Read More

Tencent Joins RMB 4 Bln Round in Long-term Apartment Leasing Service Ziroom

The Paper, 1/16/18

Beijing-based Ziroom Shenghuo Asset Management, operator of online O2O long-term apartment leasing service Ziroom.com, recently announced completion of RMB 4 bln in Series A funding led by Warburg Pincus, Sequoia Capital China, and Chinese internet and mobile services firm Tencent (0700.HK). Read More

Alibaba to Invest in Hotel, Retail, and E-commerce Conglomerate Oriental Group

Oriental Group, 10/23/17

Zhejiang-based hotel chain, supermarket chain, food processing and e-commerce operator Oriental Group (833374.NEEQ) recently announced plans to raise RMB 141 mln by issuing 27.53 mln shares priced at RMB 5.14 per share to investors including Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and Zhejiang-based luxury goods e-commerce business Yintai E-Commerce. Read More

Gaming Firm Giant to Backdoor List through New Century Cruise

New Century Cruise, 10/31/15

Chongqing-based cruise ships and travel agency operator New Century Cruise (002558.SZ) recently announced plans to spend RMB 13.1 bln to acquire 100% of equity shares of online game developer and operator Giant Interactive Group. Read More

Vipshop's Small Loans Subsidiary Approved

TechWeb, 7/04/14

Chinese B2C brand-name discount site Vipshop (NYSE: VIPS) has received licensing approval from the Guangdong Provincial Finance Office to set up a small loans subsidiary. Read More

Yintai CEO Resigns to Join Jingdong's Paipai

TechWeb, 5/26/14

Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD) has announced that Lin Chen has resigned from his position as CEO of Chinese luxury goods e-tailer Yintai.com to become a VP at JD.com's C2C site Paipai.com, which was recently injected into JD.com following Chinese internet firm Tencent's (0700.HK) investment in the company. Read More

Jingdong to Launch Flash Sales Channel in January 2014

TechWeb, 12/27/13

Beijing-based B2C e-commerce platform Jingdong has announced that the company will launch a flash sales channel in early January 2014 called "Hong!" ("Red!"). Read More