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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020

CAICT, 1/07/21

As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Market Cap of China's Listed Internet Firms Down 4.2% QoQ in Q1 2020

CAICT, 4/30/20

Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

JD Health Launches iOS App Following Its Android Version

JD.com, 3/17/20

JD Health, the healthcare subsidiary of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD), officially launched the iOS version of its mobile app today. Read More

Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019

CAICT, 1/14/20

Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Market Cap of China's Listed Internet Firms Up 0.5% QoQ in Q3 2019

CAICT, 10/15/19

The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Baidu Posts Q1 2019 Net Loss of RMB 327 Mln

Baidu, 5/16/19

Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More

WeChat Opens Testing for Applet Games to Developers

Wx-gongkaike, 3/23/18

Chinese internet giant Tencent's (0700.HK) WeChat mobile messaging app has announced the opening of testing for applet games within WeChat. Read More

NetEase Launches Blockchain Game Directory

Sootoo, 3/20/18

Chinese internet company NetEase's (Nasdaq: NTES) online gaming media platform play.163.com recently announced a new blockchain game channel which will offer careful classification and assessment of blockchain game products in the market for reference by gamers, to help them identify worthwhile blockchain games. Read More

Gaming SNS App 'Laoyuegou' Obtains RMB 200 Mln Series C Funding

36Kr.com, 2/26/18

Hainan-based Lexin Network Technology, operator of online gaming SNS app Laoyuegou, recently announced completion of RMB 200 mln in Series C funding from Tiantu Capital. Read More

Weibo Strengthens Management of Hot Search and Trending Topic Rankings

TechWeb, 1/29/18

Chinese microblogging platform Weibo (Nasdaq: WB), a subsidiary of Sina (Nasdaq: SINA), recently announced that in order to ensure the accuracy and reliability of hot search term and trending topic rankings, it will strengthen enforcement of its rules against manipulating search results and discussion topic rankings and will penalize the direct beneficiaries of such practices. Read More