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JD Logistics to Double Overseas Warehousing Capacity by End of 2025

JD.com, 10/17/24

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 plans to double its overseas warehouse space by the end of 2025. Read More

JD.com's Air Cargo Unit Kicks Off China-Vietnam Route

JD.com, 9/19/23

JD Airlines, the air cargo division of JD Logistics (2618.HK), today announced its first international all-cargo route connecting the southern Chinese city of Shenzhen and Vietnam's Ho Chi Minh City. Read More

Alibaba Launches 'AliExpress Choice' Deep Discount Service

Alibaba Group, 2/28/23

AliExpress, a global retail marketplace operated by Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK), officially announced today the launch of a new service, "AliExpress Choice," which will offer a curation of the best value products the platform has to offer and a new monthly shopping event "Choice Day." Read More

JD.com's JoyBuy Starts Trial Operations of Korean-language Version

JD.com, 3/31/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) has announced that Joybuy.com, its outbound B2C e-commerce site, began trial operations of a Korean-language version of the platform on March 23. 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

Niu Technologies Posts Q1 2019 Profit of RMB 12 Mln

Niu Technologies, 5/13/19

Chinese smart urban mobility solutions firm Niu Technologies (Nasdaq: NIU) today announced its financial results for the first quarter 2019. Read More

Tencent to Kick Off OB of 'MapleStory 2' on July 12

Tencent Games, 6/28/18

Chinese online game developer and operator Tencent (0700.HK) has announced that it will kick off open beta testing of its free-to-play licensed 3D client-based combat MMORPG MapleStory 2 on July 12. Read More

Shanda Games' Actozsoft Invests KRW 10 Bln in Kakao Games

Sina Tech, 4/02/18

Chinese online game developer and operator Shanda Games announced today that its South Korean subsidiary Actozsoft has invested KRW 10 bln (roughly RMB 59.13 mln) in Kakao Games, the independent gaming unit of Korean messaging giant Kakao. Read More

Alibaba, Tencent Forge Deal on Music Copyright Swapping

Sina Tech, 9/12/17

Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) Ali Music Group and Chinese internet and mobile services firm Tencent's (0700.HK) Tencent Music Entertainment Group (TME) jointly announced today that they have reached an agreement on music copyright licensing. Read More

58.com's Logistics App 58 Suyun Merges with Van Rental App GoGoVan

iYiou, 8/28/17

Mobile logistics app 58 Suyun, operated by Chinese online classifieds site 58.com's (NYSE: WUBA) O2O life services subsidiary 58 Home, has merged with intra-city logistics platform GoGoVan, operated by Hong Kong-based Gogo Tech Limited. Read More