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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
Pinduoduo Subscribes to USD 200 Mln in Gome Convertible Bonds in Strategic Partnership
Pinduoduo, 4/19/20
Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) today announced it will subscribe to USD 200 mln in convertible bonds ("CBs") issued by Chinese household appliance and electronics retailer GOME Retail Holdings Limited (0493.HK) as part of a strategic partnership to bring more value-for-money merchandise to Pinduoduo's 585.2 mln users. Read More
JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale
JD.com, 11/12/19
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
O2O Plastic Surgery Appointment Platform 'Soyoung' Wins USD 70 Mln Series E
36Kr.com, 9/04/18
Beijing-based Xinyang Technology, operator of online and mobile O2O plastic surgery appointment booking platform Soyoung.com, announced today the completion of USD 70 mln in Series E funding led by Orchid Asia Group Management with participation from BOC International, Russia-China Investment Fund, and Matrix Partners China, making Soyoung a unicorn in the field of internet healthcare. Read More
JD.com Invests RMB 618 Mln for 5% Stake in Industrial Automation Firm CSG
CSG Smart Science, 7/13/18
Shanghai-based industrial automation firm CSG Smart Science and Technology (300222.SZ) recently announced that Huang Mingsong, the company's controlling shareholder and actual controlling party, signed a share transfer agreement with Suqian Jingdong Xinsheng Enterprise Management, an affiliate of Chinese B2C e-commerce platform JD.com (Nasdaq: JD), on July 12, 2018. Read More
Apparel Inventory Distribution App Akuncun Completes RMB 580 Mln Series B
36Kr.com, 7/02/18
Shanghai-based Chedong Information Technology, operator of apparel inventory distribution app Akuncun, recently announced completion of RMB 580 mln in Series B funding led by Legend Capital with participation by Eastern Bell Venture Capital and Xiamen-based C&D Corporation. Read More
Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses
Happigo, 6/22/18
TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
JD.com Records GMV of RMB 159 Bln during 18-day '618' Promotion
Sina Tech, 6/19/18
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) said today that gross merchandise volume for the "618" (June 18) e-commerce holiday period (12:00AM June 1, 2018 through 11:59PM June 18, 2018) reached RMB 159.2 bln. Read More
Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong
36Kr.com, 6/15/18
Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More
B2B Pharmaceutical Trading App Yaoshibang Raises RMB 420 Mln Series C
36Kr.com, 6/14/18
Guangzhou-based Sudao Information Technology, operator of mobile B2B pharmaceutical trading app Yaoshibang, has completed RMB 420 mln in Series C funding across two rounds. Read More
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