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Chinese B2C e-commerce platform JD.com (Nasdaq: JD) announced today, as part of its vision for a boundaryless retail experience, that it will open "JD E-Space," a custom-built, 50,000-square-meter shopping destination in Chongqing. Read More
Short music video sharing platform Douyin, operated by Beijing-based Bytedance Technology, recently signed partnership agreements with several recording labels and music copyright agencies including Universal Music Group, Warner Music Group, Taihe Music Group, and Touch Music Publishing, to gain full access to their music libraries. Read More
Beijing-based smart door magnetic lock maker Yunding Network Technology recently completed RMB 270 mln in Series C+ funding jointly led by Lan Fund and SIG Asia Investments, with participation from Shunwei Capital Partners, Chinese internet conglomerate Baidu's (Nasdaq: BIDU) Baidu Ventures, Legend Star, China Renaissance K2 Ventures, and DT Capital Partners. Read More
Chinese online ratings, group buy, and food O2O business Meituan-Dianping's "big retail" business group, formed in December 2017, is reportedly exploring investment and partnership opportunities with convenience store operators, according to online media outlet Tencent Finance. Read More
Chinese internet conglomerate Baidu (Nasdaq: BIDU) quietly launched a new insurance sales platform earlier this week. Read More
Chinese online game virtual item trading platform operator and mobile game marketing and traffic distribution service provider Whole Easy Internet Technology (002464.SZ) (known as Key Ever Bright Decorative Technology prior to November this year) has announced that it signed an investment and strategic partnership framework agreement with the mainland China operating entity of Sina's (Nasdaq: SINA) microblogging platform Weibo (Nasdaq: WB) in the online gaming, advertising, and entertainment industry domains. Read More
Online and mobile local life services platform Koubei, operated by Alibaba Group (NYSE: BABA) subsidiary Koukou Xiangchuan Network Technology, recently launched a new "Smart Restaurant of the Future" concept product. Read More
Beijing-based mobile e-sports organizer and promoter Hero Interactive Technology (430127.NEEQ) recently completed RMB 1.7 bln in pre-IPO funding led by China State-owned Venture Capital with participation from Shaanxi Culture Industry Investment Group and Gopher Asset Management. Read More
B2C sex toy and lingerie m-commerce and SNS app "Touch" has halted operations of its recently launched shared sex doll rental service after being fined by authorities. Read More
Xiamen-based Haibao Information Technology (837472.NEEQ), operator of B2C sex toy and lingerie m-commerce and SNS app "Touch," has announced the launch of a shared sex doll service. Read More