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Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) celebrated its 20th anniversary on June 18 by announcing ambitious goals for the future. Read More
Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More
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
Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More
Robin Li, CEO of Baidu (Nasdaq: BIDU), announced today at the annual Baidu World event in Beijing that the Chinese internet giant plans for volume production of China’s first Level 4 (L4) Hongqi autonomous driving passenger vehicle in collaboration with Chinese automaker FAW Group, collaboration with Chinese-owned Swedish car manufacturer Volvo to jointly develop electric cars with full autonomous capabilities for the China market, and plans for autonomous driving taxis. Read More
Shenzhen-based enterprise SaaS provider Landray Software recently announced that it has raised RMB 9-digit strategic funding from Chinese internet conglomerate Alibaba Group's (NYSE: BABA) team collaboration app DingTalk (Dingding). Read More
Beijing-based customer relationship management (CRM) Software as a Service (SaaS) provider Wofeng Shidai Data Technology (Udesk) recently announced the completion of RMB 300 mln in Series C funding led by Tiger Global Management, with participation from DCM Ventures and Legend Capital. Read More
Jiangsu-based online corporate training service provider Yunxuetang Network Technology recently completed Series C funding led by Yunfeng Capital with participation from previous investor SIG China Investment. Read More
Shanghai-based cloud computing services provider DaoCloud Network Technology recently announced completion of RMB 9-digit Series B funding led by Tianfu Tech and Yuanyi Capital with participation by Sky9 Capital, Aeternam Stella Financial Holdings, F&H Fund Management, Huatai Securities (601688.SH), Puhua Capital, and Convergence Capital. Read More