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Alibaba's Freshippo Grocery Chain Opens 12 More Stores
Sohu, 6/30/23
Freshippo, the high-tech grocery chain of Chinese internet giant Alibaba Group (NYSE: BABA; 9988.HK), announced today it has opened 12 more stores in eight cities across mainland China, including Beijing, Shanghai, and Guangzhou. Read More
JD Airlines Launches All-cargo Route from Beijing to Shenzhen
JD.com, 4/27/23
On April 26, a B737-800BCF fully loaded, all-cargo aircraft landed in Beijing Daxing International Airport (PKX), marking the official launch of JD Airlines' "PKX-Shenzhen" all-cargo route. Read More
China's MIIT Releases Dec 2022 Mobile Sub Stats by Province
MIIT, 2/14/23
China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of December 2022. Read More
China's Number of Value-added Telecom Service Enterprises Nears 141,900
CAICT, 1/10/23
As of the end of December 2022, China's total number of enterprises holding a value-added telecommunications service license reached 141,880, up 0.27% month-on-month and 19.94% year-on-year, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
JD Logistics Airlines Adds All-cargo Routes in China
JD.com, 1/03/23
Following its existing route between Shenzhen, Guangdong province and Hangzhou, Zhejiang province, JD Logistics Airlines announced that it has launched two new all-cargo routes, one from Beijing to Wuhu, Anhui province to Nantong, Jiangsu province; and the other between Shenzhen, Guangdong province and Wuxi, Jiangsu province. Read More
JD Logistics Airlines Launches Shenzhen-Hangzhou Route
JD.com, 11/22/22
JD Logistics (2618.HK), the logistics arm of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK), announced today that the company's airlines affiliate, JD Logistics Airlines (formerly known as JD Airlines), has launched a self-owned all-cargo route between Shenzhen, Guangdong province and Hangzhou, Zhejiang province. Read More
Beijing Leads China with Mobile Phone Penetration Over 180% in June 2022
MIIT, 7/25/22
China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's fixed-line telephone and mobile phone penetration rates by province as of the end of June 2022. Read More
Gridsum Enters into Definitive Agreement for Going-Private Transaction
Gridsum, 10/01/20
Beijing-based Gridsum Holding Inc. ("Gridsum" or the "Company") (Nasdaq: GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions in China, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with Gridsum Corporation ("Parent"), and Gridsum Growth Inc., a wholly owned Subsidiary of Parent, pursuant to which the Company will be acquired by an investor consortium led by Mr. QI Guosheng (the "Chairman"), chairman of the board of directors of the Company (the "Consortium") in an all-cash transaction that values the Company's equity at approximately USD 75.5 mln (the "Merger"). Read More
China's Number of Value-added Telecom Service Enterprises Nears 88,200
CAICT, 8/14/20
As of the end of July 2020, China's total number of enterprises holding a value-added telecommunications service license reached 88,181, up 2.96% month-on-month, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019
CAICT, 7/08/20
As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
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