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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
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
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
China's Domestic Smartwatch Phone Market Sees 17 Mln Shipments in Q1-Q3 2019
CAICT, 11/04/19
During the first three quarters of 2019, total smartwatch phone shipments in China reached approximately 17.4 mln units, according to new figures released by the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
JD.com Upgrades and Rebrands JD Finance to JD Digits
JD.com, 11/20/18
Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More
B2B Textiles M-commerce App '100 Fabrics' Raises USD 30 Mln Series C1
iHeima, 8/29/18
Guangzhou-based Zhijing Information Technology, operator of fabric B2B m-commerce app Baibu, recently announced completion of USD 30 mln in Series C1 funding led by Bull Capital Partners with participation by Yunqi Partners, Chengwei Capital, and Source Code Capital. Read More
SoftBank Invests RMB 220 Mln in Machine Vision Firm 'Malong'
36kr.com, 11/10/17
Shenzhen-based Malong Technology, developer of machine vision platform ProductAI, recently announced completion of RMB 220 mln in Series B funding from SoftBank China Venture Capital. Read More
WeChat Launches In-app Keyword Trend Analysis Feature
Sina Tech, 3/23/17
Chinese internet and mobile services firm Tencent's (0700.HK) WeChat mobile messaging app recently launched a feature allowing users to see trends related to the use of various keywords. Read More
Baidu CEO Outlines Development Strategy for 2017
Jiemian.com, 2/07/17
Chinese internet company Baidu (Nasdaq: BIDU) will work to strengthen its position in four areas, including content distribution, connected services, financial innovation, and artificial intelligence, according to a recent speech made by Baidu CEO Robin Li to company employees. Read More
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