Searching for "PICC"
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Beijing-based high-end car hire service Shenzhou Private Car (UCAR) (838006.NEEQ) has announced plans to raise RMB 2.4 bln, mainly to finance the development of its subsidiary O2O car trading platform Shenzhou Maimaiche (Tianjin) Technology Development. Read More
Beijing-based Fuyou Online Information Technology, operator of long-distance logistics platform Fuyou Kache, has won RMB 250 mln in Series C funding led by Legend Capital, as well as RMB 300 mln in debt financing from AVIC Trust and Global Logistics Properties (GLP). Read More
Chinese internet and mobile services firm Tencent (0700.HK) has quietly launched fund sales on the "Wealth" ("Licaitong") platform of the company's WeChat (Weixin) mobile messaging app. Read More
People's Insurance Company of China (PICC) and Kingsoft Network Technology, Kingsoft's (3888.HK) anti-virus subsidiary, today launched China's first online shopping insurance product to protect consumers from e-commerce fraud. Read More
Chinese online security software developer Qihoo 360 (NYSE: QIHU) has released its own online shopping insurance yesterday, following the release of a similar product by People's Insurance Company of China (PICC) and Kingsoft Network Technology, Kingsoft's (3888.HK) anti-virus subsidiary. Read More
According to an industry source, the People's Insurance Company of China (PICC) has changed its previously announced plans to purchase RMB 1.5 bln of stock in Datang Mobile, and may be replaced by other strategic investors, though the news was not confirmed by either party. Read More