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JD.com Commits RMB 1 Bln to Establish JD Fashion as Premier Fashion Destination

JD.com, 8/30/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced an expansion in its apparel business with an additional investment of RMB 1 bln aimed at establishing JD Fashion as a leading destination for stylish global apparel. Read More

JD.com to Start 2023 Singles Day Sale October 23, Showcasing Low Prices

JD.com, 10/20/21

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced its 2023 Singles' Day Grand Promotion will kick off on October 23 at 8 p.m. 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

Baidu Posts Q1 2019 Net Loss of RMB 327 Mln

Baidu, 5/16/19

Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More

Office Depot, Alibaba.com Form Strategic Collaboration to Serve U.S. Businesses

Office Depot, 3/04/19

US-based Office Depot, a leading B2B integrated distribution company providing business services and supplies, products and technology solutions, and Chinese e-commerce giant Alibaba Group's (NYSE: BABA) Alibaba.com, one of the world's largest B2B trading platforms, today announced a strategic collaboration. Read More

STEAM Education Solutions Provider Makeblock Wins RMB 300 Mln Series C

36Kr.com, 8/30/18

Shenzhen-based Maker Works Technology, developer of STEAM (Science, Technology, Engineering, Arts, and Math) education solutions provider Makeblock, has announced the completion of RMB 300 mln in Series C funding led by CICC Alpha Investment Fund Management, with participation by Yuexiu Industry Investment Management, GX Capital and Lang Ma Feng VC. Read More

China Issues Draft Regulations on Audio-Visual Programming for Minors

Sina Tech, 8/27/18

China's National Radio and Television Administration (NRTA) recently issued a notice seeking public opinion on a regulatory draft concerning audio-visual programming for minors. Read More

WeChat Increases Ad Revenue Share for Applet Developers

PingWest, 8/10/18

Chinese internet conglomerate Tencent's (0700.HK) WeChat mobile messaging app recently announced that its public account platform will adjust the share of advertising revenues awarded to applet developers, and that between August 1 and December 31, 2018, the share of ad revenues given to applet developers (including mini-game developers) will be increased. Read More

SenseTime, SoftBank Join RMB 1.36 Bln Round in AI-based Video Solutions Firm Moviebook

Huanqiu Tech, 8/07/18

Beijing-based AI video solutions provider Moviebook Technology recently announced completion of RMB 1.36 bln in Series D funding from more than ten investors and strategic partners including computer vision and AI technology developer SenseTime Technology, SoftBank China Venture Capital, Shanghai-based media firm Oriental Pearl Media (600637.SH), PAC, Shenzhen Qianhai Wutong M&A Fund, Langsheng Investment, and individual investor Ge Weidong. Read More

Taobao Launches Mobile Gaming Platform to Compete with WeChat Mini Games

36Kr.com, 8/06/18

Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao has now been operating a mobile mini games platform for approximately two months, according to online media outlet 36Kr.com, indicating that the platform is more than just a distribution channel for Alibaba Games' Chinese version of Japanese mobile casual game Travel Frog, but a mini games platform similar to WeChat's in-app games platform. Read More