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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
China's core internet industry, defined as the aggregate of those enterprises holding a telecommunications value-added service license and recording 2018 full-year service revenues of at least RMB 5 mln, generated RMB 324.6 bln in service revenue during the 4-month period from January to April, 2019, according to a new report issued by China's Ministry of Industry and Information Technology (MIIT). Read More
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) self-operated logistics business, JD Logistics, and robot technology and solutions provider ABB recently signed a strategic partnership agreement to cooperate on logistics industry smart manufacturing and robot product supply chain services. Read More
Chinese consumer electronics and home appliance retailer Suning.com's (002024.SZ) logistics service, Suning Logistics, has launched an on-demand delivery solution called "Suning Miaoda" (roughly "Arrive in Seconds"). Read More
Beijing-based Evernote Technology recently announced that it has completed its restructuring process and that it will now operate as a Chinese-controlled, Chinese-American joint venture entity after nearly 6 years of operating in China as a brand under California-based note-taking and archiving software and services developer Evernote Corporation. Read More
Memory chip maker Changjiang Storage Technology, a subsidiary of state-backed private equity firm Tsinghua Unigroup, has recruited Taiwanese chip manufacturers Phison Electronics, Siliconware Precision Industries, and ChipMOS Technologies into a memory industry alliance in order to expand its manufacturing capacity. Read More
Beijing-based software-defined-infrastructure products and services provider XSky Data Technology recently announced completion of RMB 240 mln Series C funding led by New Enterprise Associates (NEA) with participation by prior-round investors Northern Light Venture Capital, Redpoint Ventures, and Qiming Ventures. Read More
Shenzhen-based location-based services robot developer Youdi Technology (Uditech) recently announced completion of RMB 8-digit Series B funding led by Yuanyu Runxin Equity Investment Management and Legend Capital. Read More
Xi'an-based Wi-Fi and Bluetooth chip maker Asunistar Electronics Technology recently announced completion of Series A funding led by Hangzhou-based Tunlun Investment Management with participation by Shenzhen Pusu Capital Management and Zhejiang CODI Capital Group (CODI Fortune). Read More
Online search engine and mobile internet application service provider NetEase Youdao Computer System, a subsidiary of Chinese internet company NetEase (Nasdaq: NTES), recently announced the completion of its first strategic funding led by Muhua Jinxin Investment Management with participation from Legend Capital at a post-money valuation of USD 1.1 bln. Read More