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Alibaba's Cainiao to Roll Out 5-Day Delivery Service Globally

Alibaba Group, 6/28/23

Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), pledged today to deliver cross-border parcels within five working days, which it said would be 30% faster than the industry standard. 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

China Unicom, China Telecom to Co-Build Shared Nationwide 5G Access Network

China Unicom, 9/09/19

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), each of which holds a roughly 20% share of China's approximately 1.6 bln mobile subscriber base, today jointly announced that the two network operators will co-build and co-share a single, nationwide 5G access network. Read More

Alibaba Acquires Import E-Commerce Platform Kaola from NetEase

NetEase, 9/05/19

Chinese internet conglomerates NetEase, Inc. (Nasdaq: NTES) and Alibaba Group (NYSE: BABA) today announced Alibaba's acquisition of NetEase's import e-commerce platform Kaola for approximately USD 2 bln. Read More

China Issues 5G Commercial Operations Licenses

MIIT, 6/06/19

China's Ministry of Industry and Information Technology (MIIT) announced today that it has issued 5G mobile communications commercial operating licenses to four companies, including the parent companies of China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH), and China Telecom (NYSE: CHA; 0728.HK), as well as to national cable TV network operator China Broadcasting Network Corporation. Read More

UTStarcom, China Mobile Jointly Launch 5G-powered Smart Commercial Refrigerator

UTStarcom, 5/10/19

Chinese telecommunications infrastructure provider UTStarcom (Nasdaq: UTSI) today announced that the company launched the goBox, its first 5G-powered smart commercial refrigerator. Read More

Data Security Management Solutions Provider Meichuang Wins RMB 9-digit Funding

PE Daily, 9/21/18

Hangzhou-based data security management solutions provider Meichuang Technology recently announced the completion of new RMB 9-digit funding led by China Elite Capital with participation from Puhua Capital, Oriental Fortune Capital, and Leo DM. Read More

Online and Mobile Visa Service Platform 666Visa.cn Secures RMB 60 Mln Series B

Travel Daily, 9/20/18

Shenzhen-based Liuliuliu International Travel Agency, operator of online and mobile visa service platform Shangshangqian (666Visa), has won RMB 60 mln in Series B funding led by Bohuiyuan Venture Capital with participation from dozens of investors, including Origins Capital. Read More

Co-working Space MyDreamPlus Raises USD 120 Mln Series C Funding

iFeng, 8/13/18

Co-working space brand Mydream Plus (Mydream+) recently announced completion of USD 120 mln Series C funding led by Hillhouse Capital Management and General Atlantic with participation by prior-round investors Joy Capital, Ocean Link, M31 Capital, and China Renaissance K2 Ventures (K2VC). Read More