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JD.com Makes USD 100 Mln Strategic Investment in Gome Retail
JD.com, 5/29/20
On May 28, Chinese e-commerce giant JD.com (Nasdaq: JD) announced a strategic investment in Gome Retail Holdings (0493.HK), one of China's largest electronics chains, and will buy USD 100 mln worth of convertible bonds in the company. 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
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
Gome's E-commerce Unit Appoints New Management in Drive to IPO
Sohu IT, 8/05/15
Chinese home appliance and consumer electronics retailer Gome (0493.HK) has appointed senior vice president Li Juntao to CEO of Gome's B2C e-commerce business. Read More
Gome to Open 100,000 Microstores on WeChat
Beijing Business Today, 3/27/15
Chinese home appliance and consumer electronics retailer Gome (0493.HK) will establish 100,000 mobile "microstores" this year and has already started large-scale testing of more than 10,000 such stores in Xiamen and Xi'an, according to Gome president Wang Junzhou at the company's 2014 financial results meeting. Read More
Amazon China Opens Store on Tmall
Sina Tech, 3/05/15
US e-commerce giant Amazon launched a flagship store on Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall. Read More
Rumor: Yunfeng Capital Invests in Quanfeng Express
21st Century Business Herald, 5/20/14
According to sources close to the matter, Chinese logistics firm Quanfeng Express has completed a RMB 9-digit new round of funding, with participation from Yunfeng Capital. Read More
Rumor: Gamewave to Operate Gome.com's Gaming Business
Sina Tech, 2/24/14
An industry source has revealed that Chinese home appliance and consumer electronics retailer Gome's (0493.HK) Gome.com B2C e-commerce site is currently in talks with Beijing-based browser game developer and operator Gamewave Interactive to hand over operation of Gome.com's online and mobile gaming business to Gamewave. Read More
Suning to Open 200 Retail Stores in 2014
Tencent Tech, 2/18/14
Chinese consumer electronics and home appliances retailer Suning (002024.SZ) recently announced that the company plans to open 200 new retail stores in 2014. Read More
China Telecom Submits List of 16 Potential MVNO Partners
Communication Information News, 11/08/13
China Telecom (NYSE: CHA; 0728.HK) has submitted an initial list of 16 mobile virtual network operator (MVNO) partners to China's Ministry of Industry and Information Technology (MIIT) for approval. Read More
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