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The listed arms of China's three main telecom operators have announced their subscriber totals for the month of October 2020, including a combined net gain of roughly 0.83 mln mobile subscribers in China, boosting their combined mobile subscriber base to nearly 1.606 bln. Read More
The listed arms of China's three main telecom operators have announced their subscriber totals for the month of September 2020, including a combined net gain of roughly 2.45 mln mobile subscribers in China, boosting their combined mobile subscriber base to nearly 1.605 bln. Read More
Shanghai-based industrial automation firm CSG Smart Science and Technology (300222.SZ) recently announced that Huang Mingsong, the company's controlling shareholder and actual controlling party, signed a share transfer agreement with Suqian Jingdong Xinsheng Enterprise Management, an affiliate of Chinese B2C e-commerce platform JD.com (Nasdaq: JD), on July 12, 2018. Read More
Guangdong-based smart recycling platform developer Xiaohuanggou Environmental Technology announced today that it has raised RMB 1.05 bln in Series A funding from Zhongzhi Enterprise Group at a RMB 6.0 bln post-money valuation. Read More
Online and mobile C2C used-car trading platform Guazi.com, operated by Chehaoduo Used Motor Vehicle Broking (Beijing), has announced a reorganization of existing businesses into an upgraded Chehaoduo Group, which will operate Guazi.com and new car platform Maodou.com as two independent brands. Read More
Shenzhen-based Zowee Technology (002369.SZ), manufacturer of network communications terminal products and portable consumer electronics, plans to invest approximately RMB 1 bln in the construction of a factory in Nanchang's high-tech industrial development zone to produce quantum dot light emitting diodes (QLED). Read More
Beijing-based Yidianyuan Network Technology, operator of smart power bank brand Xiaodian, recently announced a strategic partnership with Taiwanese electronics manufacturer Foxconn and battery and handset component manufacturer BYD Company (1211.HK) focusing on power bank production. Read More
Xiamen-based Youshengduo Network Technology, operator of mobile washing-machine-sharing platform Youxi, has revealed that it recently completed RMB 30 mln in Series A funding at a post-money valuation of close to RMB 100 mln. Read More
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) and Xi'an National Civil Aerospace Industrial Base today signed a partnership agreement covering JD.com's global logistics headquarters, unmanned systems production center, and cloud operations center, according to which the parties will create a JD.com Comprehensive Smart Logistics Industrial Base in Xi'an. Read More
Beijing-based Moli Xiangxian Technology, operator of mobile renewable resource recycling app Xiandou, recently announced completion of RMB 8-digit Series A funding led by Tendence Capital with participation by Aqua Ventures. Read More