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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

Q3 2020 Investment in Chinese Internet Startups Down 9% QoQ

CAICT, 10/16/20

As China's domestic economy maintained its gradual recovery, capital markets for Chinese internet startups also remained relatively stable in Q3 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 6.22 bln, down 8.9% QoQ and 39.0% YoY, according to Chinese government data. Read More

Q2 2020 Investment in Chinese Internet Startups Up 37% QoQ

CAICT, 7/11/20

Driven by the continued recovery of China's economy and looser liquidity, capital markets for Chinese internet startups rebounded strongly in Q2 2020, with the total amount of investment and financing disclosed for the quarter coming to USD 6.52 bln, up 37.0% QoQ but down 18.4% YoY, according to Chinese government data. 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 Diabetes Center to Provide Comprehensive Management for Patients

JD.com, 4/24/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) has announced that the JD Health Diabetes Center was officially launched on April 15. 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 Health Launches Online Platform to Ensure Drug Supply to Chronic Disease Patients

JD.com, 2/14/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) has announced that subsidiary JD Health launched a new platform this week to help patients with chronic diseases maintain their drug supply during the coronavirus. 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

Q4 2019 Investment in Chinese Internet Startups Down 32% QoQ, 52% YoY

CAICT, 1/10/20

Against a backdrop of increased domestic and international economic pressure, capital markets for Chinese internet startups saw a major tightening in Q4 2019, with the total amount of investment and financing disclosed for the quarter coming to USD 6.84 bln, down 32.3% QoQ and 51.5% YoY, according to Chinese government data. 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