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SME Group Health Insurance Solutions Provider StartupCare Appoints New CEO
CareVoice, 7/07/20
Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. Read More
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
Q1 2020 Investment in Chinese Internet Startups Down 28% QoQ
CAICT, 4/09/20
As the COVID-19 pandemic battered both domestic and overseas economies, capital markets for Chinese internet startups tightened dramatically in Q1 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 5.09 bln, down 28.1% QoQ and 36.3% YoY, according to Chinese government data. 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
Tencent to Boost Equity Voting Interest in Consortium That Controls Supercell
Tencent, 9/23/19
Chinese internet and mobile services firm Tencent (0700.HK) announced today that it intends to increase its equity voting interest - from 50% to 51.2% - in the consortium that currently indirectly holds an 82.2% interest in Finnish mobile games developer Supercell. Read More
Niu Technologies Posts Q1 2019 Profit of RMB 12 Mln
Niu Technologies, 5/13/19
Chinese smart urban mobility solutions firm Niu Technologies (Nasdaq: NIU) today announced its financial results for the first quarter 2019. 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
NetEase to Launch Cross-border E-commerce Collections Platform
Tech.163.com, 9/21/18
Chinese internet company NetEase's (Nasdaq: NTES) subsidiary third-party payment platform "epay.163.com" will soon launch a cross-border collections business. Read More
Cross-border E-commerce Platform Seabuy Wins RMB 100 Mln Series A
36Kr.com, 9/21/18
Ningbo-based Jingbei E-commerce, operator of cross-border e-commerce platform Seabuy.com, recently announced that it has secured RMB 100 mln in Series A funding led by online shopping rebate platform Taofen8.com with participation from Santuo Investment Management and the Ningbo Municipal Government Angel Guidance Fund. 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
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