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China Telecom Outpaces China Mobile to Reach 20.5% 5G Penetration in October 2020
Marbridge Consulting, 11/20/20
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
China Telecom Outpaces China Mobile to Reach 18.5% 5G Penetration in Sep 2020
Marbridge Consulting, 10/22/20
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
JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion
JD.com, 6/19/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More
TPV to Delist from HKSE Tomorrow
TPV, 11/13/19
Hong Kong-based display and TV vendor TPV Technology (0903.HK), which is being taken private by CEIEC (H.K.) Limited, has announced in a stock exchange filing that it expects that the listing of TPV's shares on the Hong Kong Stock Exchange will be withdrawn with effect from 4:00 p.m. Read More
China's H1 2019 Internet User Base Reaches 854 Mln
CNNIC, 8/30/19
China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More
China Issues 5G Commercial Operations Licenses
MIIT, 6/06/19
China's Ministry of Industry and Information Technology (MIIT) announced today that it has issued 5G mobile communications commercial operating licenses to four companies, including the parent companies of China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH), and China Telecom (NYSE: CHA; 0728.HK), as well as to national cable TV network operator China Broadcasting Network Corporation. 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
China's H2 2018 Internet User Base Reaches 829 Mln
CNNIC, 2/28/19
China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More
China Issues Draft Regulations on Audio-Visual Programming for Minors
Sina Tech, 8/27/18
China's National Radio and Television Administration (NRTA) recently issued a notice seeking public opinion on a regulatory draft concerning audio-visual programming for minors. Read More
Karaoke Solutions Provider Thunderstone Completes RMB 200 Mln Series B
36Kr.com, 8/16/18
Beijing-based Bohui Tiandi Technology, operator of karaoke system software brand Thunderstone Technology, has announced the completion of nearly RMB 200 mln in Series B funding led by China Minsheng Investment Group, with participation by the company's founder, Morningside Ventures and Beijing Yuemi Technology. Read More
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