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JD Property, Harvest Fund's REIT Lists on Shanghai Stock Exchange
JD.com, 2/08/23
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that Harvest Jingdong Warehouse Logistics Close-end Infrastructure Fund (508098.SH), a real estate investment trust (REIT) operated and managed by JD.com subsidiary JD Property, officially listed on the Shanghai Stock Exchange on February 8. Read More
Online Recruitment Platform 51job Receives Preliminary Privatization Proposal
51job, 9/17/20
Chinese online recruitment platform operator 51job (Nasdaq: JOBS) announced today that its Board of Directors has received a preliminary non-binding proposal letter dated September 17, 2020 from DCP Capital Partners (the "Proposing Buyer") to acquire all of the outstanding common shares of the company for USD 79.05 in cash per common share (the "Proposed Transaction"). Read More
JD Health Launches Online Platform to Ensure Drug Supply to Chronic Disease Patients
JD.com, 2/14/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) has announced that subsidiary JD Health launched a new platform this week to help patients with chronic diseases maintain their drug supply during the coronavirus. Read More
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
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
Data Security Management Solutions Provider Meichuang Wins RMB 9-digit Funding
PE Daily, 9/21/18
Hangzhou-based data security management solutions provider Meichuang Technology recently announced the completion of new RMB 9-digit funding led by China Elite Capital with participation from Puhua Capital, Oriental Fortune Capital, and Leo DM. Read More
Galaxy eSolutions Invests in O2O Smartphone Maintenance Platform 'Accelerate'
Cyzone, 7/17/18
Guangzhou-based Xiuke Information Technology, operator of O2O smartphone maintenance platform Jiasudu ("Accelerate"), recently announced the completion of RMB 8-digit Series A funding from Hong Kong-based cross-border e-commerce company Galaxy eSolutions. Read More
Online Long-term Apartment Rental Platform Danke Gongyu Wins USD 70 Mln Series B+
Sohu.com, 6/06/18
Beijing-based Zi Wutong Asset Management, operator of online and mobile long-term apartment rental platform Danke Gongyu (Eggshell Apartment), announced today the completion of USD 70 mln in Series B+ funding led by Tiger Global Management with full participation from Series B investors China Media Capital, Gaorong Capital (formerly Banyan Capital), Joy Capital, Youjin Capital, Vision Plus Capital, and Bertelsmann Asia Investments. Read More
Online Long-term Housing Rental Service Uoko Lands RMB 1 Bln Series C
36Kr.com, 5/10/18
Sichuan-based Uoko Investment Management, operator of online housing rental platform Uoko.com, recently announced completion of Series C1 funding from Shenzhen Capital Group, Greentown Service Group (2869.HK), Shenzhen-based Galaxy Real Estate Development, Legend Capital, Matrix Partners China, and SIG Asia Investment. Read More
Changjiang, Taiwanese Chip Makers Ally in Bid to Become Apple's Top Memory Supplier
Jiweinet, 4/30/18
Memory chip maker Changjiang Storage Technology, a subsidiary of state-backed private equity firm Tsinghua Unigroup, has recruited Taiwanese chip manufacturers Phison Electronics, Siliconware Precision Industries, and ChipMOS Technologies into a memory industry alliance in order to expand its manufacturing capacity. Read More
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