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Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has launched two charter cargo flights from China to Brazil and Germany on March 17 and 19 respectively. Read More
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
Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 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
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
The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, 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
Chinese taxi booking and car hire service app Didi Chuxing's plans to expand its food delivery service Didi Foodie to the cities of Jinan and Xi'an in August were suspended in late July. Read More
Chinese Android launcher developer Newborn Town (Chizicheng) recently announced the completion of RMB 9-digit Series D funding in H1 2016. Read More
Chinese microblogging platform Weibo (Nasdaq: WB), a subsidiary of Sina (Nasdaq: SINA), said yesterday that total views of topics posted on Weibo related to the Olympics reached 10 bln on the day of the Rio Games' opening ceremony. Read More
Beijing-based English-language wholesale B2C e-commerce platform LightInTheBox (NYSE: LITB) has announced the company's open platform strategy at an event in Beijing, creating a fashion-focused open platform channel on the LightInTheBox site to sell goods from third-party merchants around the globe. Read More
Chinese e-commerce conglomerate Alibaba Group's international wholesale marketplace AliExpress announced on March 26 that it will shift its focus from online international wholesale to overseas shopping, with the goal of developing a platform similar to Alibaba's C2C & B2C e-commerce site Taobao, but facing buyers in markets outside Mainland China. Read More