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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

Machine Vision Startup Riseye Lands RMB 45 Mln Series A Funding

iYiou, 9/21/18

Shenzhen-based machine vision developer Jingrui Shijue Intelligent Technology (Riseye) recently announced the completion of RMB 45 mln in Series A funding led by Tianjin Bridge Fukai Equity Partnership with participation from Shenzhen Co-Win Venture Capital Investment. Read More

Shunwei Invests in Satellite R&D and Application Services Firm Qiancheng Tansuo

Pencil News, 3/13/18

Beijing-based satellite R&D and application service provider Qiancheng Tansuo Technology has completed a new round of funding from Shunwei Capital Partners, Chulin Investment Management, and Qingdao Huiquanwan Fund, according to changes to Qiancheng Tansuo's publicly available commercial registration. Read More

Sugon to Establish RMB 1.4 Bln Global R&D Headquarters

Dawning Information, 7/21/17

Tianjin-based server manufacturer Dawning Information Industry (Sugon) (603019.SH) has announced a plan to establish a wholly owned subsidiary with RMB 1.4 bln to create a global R&D headquarters. Read More

Mobile Bike Share Service Ofo to Withdraw from 14 Cities

Yesky.com, 5/17/17

Beijing-based Bikelock Technology, operator of mobile bicycle-sharing app Ofo, recently said that it will withdraw from 14 cities. Read More

Tencent Increases Investment in Video Gamecasting Platform 'Douyu TV'

36Kr.com, 8/15/16

Guangzhou-based Douyu Network Technology, operator of video gamecasting platform Douyu TV, recently announced completion of RMB 1.5 bln in Series C funding led by Qingdao Phoenix Capital and Chinese internet and mobile services firm Tencent (0700.HK). Read More

JD.com Launches Self-operated B2C Pharmaceutical Channel 'JD Pharmacy'

Ebrun, 5/31/16

Chinese B2C e-commerce platform JD.com (Nasdaq: JD) has launched its self-operated B2C online pharmacy channel, JD Pharmacy. Read More

China to Allow Private Companies to Sell Broadband Services

MIIT, 11/26/14

China's Ministry of Industry and Information Technology (MIIT) has announced preliminary regulations for China's broadband industry, soliciting industry opinions on new measures that would allow private companies to invest in and operate broadband networks in China, as well as provide broadband resale services. Read More

Alibaba Unveils QR Code Strategy

iFeng Tech, 6/10/14

Chinese e-commerce conglomerate Alibaba Group today announced the official launch of the company's "Mashang Tao" business strategy and accompanying merchant QR code platform, designed to increase the integration of QR codes into Alibaba's family of e-commerce sites. Read More

Jingdong to Launch MVNO Services in May 2014

Tencent Tech, 12/31/13

A representative from Beijing-based B2C e-commerce platform Jingdong has revealed that the company plans to release mobile virtual network operator (MVNO) services in May or June of 2014. Read More