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Alibaba Group to Pay USD 433.5 Mln to Settle Shareholder Class Action Lawsuit
Alibaba Group, 10/27/24
Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK) announced today in a filing with the Hong Kong Stock Exchange that it had agreed to pay USD 433.5 mln to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices. Read More
JD.com to Launch 2024 Singles Day Promotion Featuring Over 1 Bln New Products
JD.com, 10/11/24
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced the official launch of its 2024 Singles Day Grand Promotion, set to begin at 8:00 P.M. Read More
JD.com's Ochama Launches Premium-Global-Goods and Everyday-Low-Price Channels
JD.com, 1/10/24
JD.com (Nasdaq: JD; 9618.HK) announced today that ochama, the Chinese B2C e-commerce platform operator and retail infrastructure service provider's omni-channel retail operation in Europe, is rolling out a series of enhancements to its product range and services. Read More
China's November 2023 Domestic Handset Shipments Up 34% YoY, 7% MoM
CAICT, 12/27/23
A total of 31.21 mln mobile handsets were shipped in China in November 2023, up 34.3% YoY and 7.0% MoM, 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
China's Three Main Telcos Add 26 Mln 5G Subs in November 2023
Marbridge Consulting, 12/21/23
The listed arms of China's three main telecom operators have announced their subscriber totals for the month of November 2023, including a combined net increase of approximately 25.95 mln 5G package subscribers in China, boosting their combined 5G package subscriber base to nearly 1.348 bln. Read More
MIIT: China's Mobile Subscriber Base Up 540,000 in November 2023
MIIT, 12/20/23
China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of November 2023, during which China's total number of mobile service subscribers increased by just 540,000 to reach slightly above 1.726 bln. Read More
JD.com's Ochama and Blokker Further Expand B2C Omni-Channel Collaboration
JD.com, 3/31/23
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced that leading Dutch retail chain Blokker and JD.com's Europe-based B2C omni-channel retail platform Ochama are expanding their collaboration while marking a major milestone with the opening of the 200th Ochama x Blokker pick-up point at Blokker stores. Read More
China's MIIT Releases Dec 2022 Mobile Sub Stats by Province
MIIT, 2/14/23
China's Ministry of Industry and Information Technology (MIIT) has released statistics detailing the country's total number of fixed-line telephone subscribers (registered accounts) and mobile subscribers by province as of the end of December 2022. Read More
China's November 2022 Domestic Handset Shipments Down 34% YoY, 5% MoM
CAICT, 1/04/23
A total of 23.24 mln mobile handsets were shipped in China in November 2022, down 34.1% YoY and 4.6% MoM, 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
MIIT: China's 5G Handset Subscriber Base Up 18.6 Mln in November 2022
MIIT, 12/26/22
China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of November 2022. Read More
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