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Chinese B2C e-commerce platform JD.com (Nasdaq: JD)'s 7Fresh fresh food supermarket chain launched the first of its Seven Fun lifestyle spaces today in Beijing. Read More
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More
Beijing-based Zi Wutong Asset Management, operator of online and mobile long-term apartment rental platform Danke Gongyu (Eggshell Apartment), announced today the completion of USD 70 mln in Series B+ funding led by Tiger Global Management with full participation from Series B investors China Media Capital, Gaorong Capital (formerly Banyan Capital), Joy Capital, Youjin Capital, Vision Plus Capital, and Bertelsmann Asia Investments. Read More
Hangzhou-based Xiaonong Network Technology, operator of B2B fresh vegetable m-commerce app Song Xiaocai, has completed RMB 230 mln in Series B1 funding led by Global Logistics Properties with participation from IDG Capital Partners, Matrix Partners China, Puhua Capital, and Index Capital. Read More
Chinese dockless bicycle-sharing service Mobike announced today that it currently has operations in 130 cities globally, including 125 mainland Chinese cities and 5 overseas cities. Read More
Guangdong-based Jianke Pharmaceutical, operator of B2C pharmaceutical e-commerce site Jianke.com, has announced the acquisition of Wuhan-based Xiong Chu Hospital. Read More
Shenzhen-based Yisan Technology, operator of mobile umbrella sharing app E San, completed RMB 10 mln in angel funding on May 13 from Siye Chuangtouhui Investment Management. Read More
Guangzhou-based Zhijing Information Technology, the company behind self-operated B2B m-commerce app for fabrics and textiles Baibu, recently announced completion of USD 8-digit Series B funding led by Chengwei Capital and with participation from Series A+ investor Source Code Capital. Read More
Shenzhen-based consumer drone maker DJI Technology recently announced its strategy for the agricultural market in China, and provided additional details on its crop-spraying drone MG-1 which was previously unveiled in November 2015. Read More
Beijing Huawang Online Commerce, operator of maternity and childcare e-commerce site Miyabaobei.com, has secured USD 60 mln Series C funding led by H Capital, with participation from Huawang's Series B investors Sequoia Capital and ZhenFund. Read More