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On June 30, Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK)'s healthcare subsidiary JD Health and Siemens Healthineers, a leading healthcare company, entered into an agreement to boost service capacity for China's private hospitals. Read More
Chinese internet conglomerate Tencent's (0700.HK) Shanghai-based film studio Tencent Film Culture Communication (Tencent Pictures) recently announced the formation of a wholly owned subsidiary film distribution company, dubbed Tencent Pictures Distribution, in a presentation at the UP2018 Tencent New Culture and Innovation Eco Congress. Read More
Beijing-based animation content production firm Tuzi Culture has completed RMB 8-digit Series A funding from Chinese internet and mobile services firm Tencent (0700.HK). Read More
Ofo, the mobile bicycle-sharing app operated by Beijing-based Bikelock Technology, announced recently that it has exceeded 10 mln total daily orders. Read More
Shanghai-based animation production firm Huijie Culture Communication (Haoliners Animation) recently announced completion of RMB 9-digit funding from Chinese internet and mobile services firm Tencent (0700.HK) and Wutongshu Investment. Read More
Beijing-based Constellation Goddess Culture Communications, operator of online astrology and horoscope information platform Constellation Goddess, has announced the completion of RMB 30 mln Series A funding led by Zuoyu Investment Management, and with participation from Tsing Ventures, Chinese Android device maker Xiaomi, and Weiyue Investment. Read More
Chinese arts and music SNS Douban has announced the formation of a film production subsidiary called Feichuan Pictures. Read More
Beijing-based online and e-book publishing firm Chinese All Digital Publishing (300364.SZ) has officially announced that it has secured RMB 2 bln in a private placement. Read More
Following the recent conclusion of the two sessions of the National People's Congress (NPC) and the Chinese Political Consultative Conference (CPPCC), Chinese lawmakers have released the full text of the country's 13th Five-Year Plan for economic and social development. Read More
China's Ministry of Transportation (MOT) today released regulations for operating online and mobile car hire services which will be implemented beginning November 9 this year. Read More