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Alibaba's Freshippo Grocery Chain Opens 12 More Stores
Sohu, 6/30/23
Freshippo, the high-tech grocery chain of Chinese internet giant Alibaba Group (NYSE: BABA; 9988.HK), announced today it has opened 12 more stores in eight cities across mainland China, including Beijing, Shanghai, and Guangzhou. Read More
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
Alibaba's Rebrands Community Marketplaces Business to 'Taocaicai'
Alibaba Group, 9/17/21
Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK) announced today that on September 14, it rebranded its community marketplaces business to "Taocaicai" from Taobao Grocery and Freshippo Market. Read More
China's H1 2019 Internet User Base Reaches 854 Mln
CNNIC, 8/30/19
China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More
China's H2 2018 Internet User Base Reaches 829 Mln
CNNIC, 2/28/19
China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More
B2B Wine E-commerce Platform 'E Jiupi' Wins USD 200 Mln Series D
36Kr.com, 9/20/18
Beijing-based Yi Jiupi E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced the completion of USD 200 mln in Series D funding at a valuation of USD 1.1 bln, making it China's latest entry to the internet unicorn club. Read More
JD.com to Open 1,000 More '7Fresh' Offline Fresh Food Stores Over Next 3-5 Years
Sina Tech, 9/19/18
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) premium offline food shopping brand, 7Fresh, recently announced its national store opening strategy for a fast expansion. Read More
Rumor: Didi Chuxing's Takeout Delivery Service May Refocus on Overseas Markets
Caijing.com.cn, 9/17/18
Chinese taxi booking and car hire service app Didi Chuxing's plans to expand its food delivery service Didi Foodie to the cities of Jinan and Xi'an in August were suspended in late July. Read More
Tencent, Carlyle, Sequoia Lead USD 450 Mln Series E in O2O Car Maintenance Firm Tuhu
Tencent Tech, 9/15/18
Shanghai-based Lantu Information Technology, operator of online and mobile B2C car maintenance service and e-commerce platform Tuhu Yangche, recently announced the completion of approximately USD 450 mln in new funding jointly led by Chinese internet conglomerate Tencent (0700.HK), Carlyle Group, and Sequoia Capital. 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
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