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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

MIIT: 5G Models Comprise 54% of China's Q1 2020 Network Access License Applications

CAICT, 4/27/20

In Q1 2020, as China's mobile phone market continued to transition from 4G to 5G, 5G handset models comprised almost 54% of total new handset product network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT)'s CTTL Terminal Labs under the Ministry of Industry and Information Technology (MIIT). Read More

China's Domestic Smartwatch Phone Market Sees 17 Mln Shipments in Q1-Q3 2019

CAICT, 11/04/19

During the first three quarters of 2019, total smartwatch phone shipments in China reached approximately 17.4 mln units, according to new figures released by the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

5G Handsets Comprise 8% of China's Q3 2019 Network Access License Applications

CAICT, 10/29/19

In Q3 2019, as China's mobile phone market continued to transition from 4G to 5G, 5G handset models comprised over 8% of total new handset product network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT)'s CTTL Terminal Labs under the Ministry of Industry and Information Technology (MIIT). Read More

Positioning Services Platform Qianxun's User Base Exceeds 90 Mln

STdaily, 2/08/18

Shanghai-based positioning services provider Qianxun Spatial Intelligence' location services platform has surpassed 90 mln users, announced Chinese state-owned weapons manufacturer China North Industries Group Corporation (Norinco Group). Read More

Qualcomm's X5 LTE Vehicle Communications Chip to Use Qianxun's Positioning Services

Cnsotck, 1/31/18

Shanghai-based provider of positioning services Qianxun Spatial Intelligence and international chipset giant Qualcomm have reached a strategic cooperation agreement to integrate high-precision location services into Qualcomm's Snapdragon X5 LTE automobile communications chip. Read More

Driverless Truck Technology Developer TuSimple Wins USD 55 Mln Series C

36kr.com, 11/21/17

Beijing-based driverless truck technology developer Tusen Weilai Technology (TuSimple) has announced completion of USD 55 mln in Series C funding led by Hong Kong-based Composite Capital, with participation from Chinese internet company Sina (Nasdaq: SINA) and Zhiping Capital. Read More

O2O Logistics App 'Yunniao' Raises USD 100 Mln Series D

Ctsbw.com, 2/13/17

Beijing-based Yunzhong Xiaoniao Technology, operator of local O2O logistics app Yunniao.me, recently announced completion of USD 100 mln Series D funding led by Warburg Pincus, and with participation from Matrix Partners China and GSR Ventures. Read More

Rumor: Xiaomi to Release Consumer Drone

iiMedia, 2/18/16

Chinese Android device maker Xiaomi will reportedly release a consumer drone with a 350 mm rotor-to-rotor distance, according to a leaked picture and schematic obtained by Chinese media. Read More

China Issues Mobile Car Hire Service Regulations

Ministry of Transport, 10/10/15

China's Ministry of Transportation (MOT) today released regulations for operating online and mobile car hire services which will be implemented beginning November 9 this year. Read More