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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 to Buy RMB 100 Mln in Servers from Dawning to Support AI, Big Data Projects
Securities Times, 8/15/18
Tianjin-based server manufacturer Dawning Information Industry (Sugon) (603019.SH) has announced that in H1 2018 the company made a successful bid for Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) server procurement project and has now obtained RMB 100 mln to provide the company with GPU heterogeneous servers and related services. Read More
Baidu CEO Resigns from China Unicom's Board
China Unicom, 6/23/18
Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) recently said that Robin Li, CEO of Chinese internet conglomerate Baidu (Nasdaq: BIDU), has resigned from his positions as China Unicom board director and member of the China Unicom development strategy committee. Read More
Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong
36Kr.com, 6/15/18
Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More
Ant Financial, CDH, Koubei Invest USD 200 Mln in Group Catering Service Provider Xiyun
36Kr.com, 5/08/18
Beijing-based group catering service provider Xiyun Enterprise Management has won USD 200 mln in Series A funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), CDH Investment, and Alibaba-affiliated local life service platform Koubei. Read More
Alipay to Provide RMB 1 Trln in Loan Support to Offline Micro Merchants over Next 3 Years
36Kr.com, 5/03/18
Chinese e-commerce giant Alibaba Group's (NYSE: BABA) affiliated third-party payment processor Alipay recently announced a new offline vendor support program, according to which the company will provide services for nearly 100 mln small-scale local merchants throughout China, including offering RMB 1 trln in loan support over the next three years. Read More
Online Third-party Pet Services Platform 'Lpet' Wins RMB 100 Mln Series A
TechWeb, 7/09/17
Beijing-based Zhong Ai Technologies, operator of third-party pet services platform Lpet, has completed RMB 100 mln in Series A funding from the National Small and Medium-sized Enterprise Development Fund and THG Ventures, said Zhong Ai chairman Jiang Qinjun. Read More
UCAR to Raise RMB 2.4 Bln to Develop O2O Car Trading Platform Maimaiche
UCAR Inc., 6/05/17
Beijing-based high-end car hire service Shenzhou Private Car (UCAR) (838006.NEEQ) has announced plans to raise RMB 2.4 bln, mainly to finance the development of its subsidiary O2O car trading platform Shenzhou Maimaiche (Tianjin) Technology Development. Read More
China Releases New Rules for Security Review of Online Products and Services
CAC, 5/02/17
The Cyberspace Administration of China recently released new rules covering the security review process for online products and services, which will go into effect on June 1. Read More
Online Car Rental Platform 'China Car Experts' Wins RMB 2.15 Bln Funding
PE Daily, 12/27/16
Chinese car and bus service provider Shou Qi Group's subsidiary Shouqi Car Rental, operator of online and mobile car rental platform China Car Experts, has announced the completion of Series A+ and Series B funding for a total of RMB 2.15 bln. Read More
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