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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

Suning Logistics Launches Instant Delivery Solution

Huanqiu Tech, 7/28/18

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

Dockless Bike-share Operator Mobike Reaches 130 Cities

Mobike, 6/27/17

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

Oppo Invests in Mobile Electric Vehicle Rental Platform PonyCar

Tencent Tech, 6/13/17

Shenzhen-based Letuhui Technology, operator of mobile electric vehicle rental platform PonyCar, has completed RMB 150 mln in Series B funding from Huiyou Investment Mangament and handset vendor Oppo. Read More

Mobile Umbrella Sharing App E San Lands RMB 10 Mln Angel Funding

TechNode, 5/24/17

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

Electronics Recycling Site Aihuishou Completes RMB 400 Mln Series D

iFeng Tech, 12/21/16

Shanghai-based Yueyi Information Technology, operator of electronic products recycling platform Aihuishou.com (literally "Love to Recycle"), has announced the completion of RMB 400 mln Series D funding in a round jointly led by Cathay Capital and Shenzhen Fortune Venture Capital, and with participation by a number of existing and new stakeholders, including Tiantu Capital, e-tailer JD.com (Nasdaq: JD), Morningside Ventures, Greenwoods Asset Management, and Shenzhen Qianhai Fund of Funds. Read More

Suning Invests RMB 8-digit Sum in 360-degree Camera Maker 'Arashi Vision'

NetEase Tech, 8/23/16

Shenzhen-based 360-degree camera maker Arashi Vision recently announced completion of RMB 8-digit Series B+ funding from Chinese consumer electronics and home appliance retailer Suning Commerce Group (002024.SZ). Read More

Sina Launches Study Abroad Installment Loan Product

Sina Tech, 6/08/16

Chinese internet company Sina (Nasdaq: SINA) recently launched a new study abroad installment credit service product, (Sina Liuxue Fenqi). Read More

Shuttle Bus App 'Dada Bus' Wins RMB 200 Mln Series B

36Kr.com, 9/29/15

Shenzhen-based Liuchi Technology, operator of mobile shuttle bus service app Dada Bus, recently announced that it has completed nearly RMB 200 mln in Series B funding from investors including Northern Light Venture Capital (NLVC) and Beijing-based Jingqiao Capital. Read More

Rumor: China to Announce 50 More 'Smart City' Trial Sites

National Business Daily, 6/18/13

China will complete initial review of a second batch of "smart city" trial sites in late June, and will release a list of roughly 50 new cities in the second half of 2013, an industry source said. Read More