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Pinduoduo Subscribes to USD 200 Mln in Gome Convertible Bonds in Strategic Partnership
Pinduoduo, 4/19/20
Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) today announced it will subscribe to USD 200 mln in convertible bonds ("CBs") issued by Chinese household appliance and electronics retailer GOME Retail Holdings Limited (0493.HK) as part of a strategic partnership to bring more value-for-money merchandise to Pinduoduo's 585.2 mln users. Read More
WeChat-Customized "Wo" SIM Users Approach 1 Mln
South CN, 9/02/13
Sales of the "Weixin Wo" WeChat-customized SIM card, jointly released on August 8 by China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) Guangdong subsidiary and Tencent's (0700.HK) WeChat (Weixin) mobile messaging application, have reached nearly 1 mln, according to the two companies. Read More
Rumor: Alibaba to Launch In-App Shopping Plug-in
DoNews, 7/16/13
According to recent first-hand user reports, the "Tao" symbol, representing Chinese e-commerce conglomerate Alibaba Group's e-commerce websites Taobao and TMall, has appeared in mobile weather app Moji Weather. Read More
LeTV Starts STB C1S Pre-orders on Sina Microblog Platform
Sina Tech, 3/26/13
An initial offering of C1S Internet TV set-top boxes (STBs) manufactured by Chinese online video site LeTV (Leshi) (300104.SZ) and Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW) became available for reservation through Sina's (Nasdaq: SINA) Weibo microblogging platform at 10 AM today. Read More
Rumor: Offline Coupon Provider Velo Acquires Didatuan
Sina Tech, 2/01/13
According to an informed source, Shanghai Kuanxin Information Technology, operator of offline coupon service Velo, has acquired group buy site Didatuan. Read More
Ding Ding Map Obtains New Funding From Alibaba, Citi Bank
Sohu IT, 11/01/12
Chinese local listings search engine Ding Ding Map has announced that the company recently secured an undisclosed amount of funding from Chinese e-commerce conglomerate Alibaba Group and Citi Bank Investments. Read More
360Buy to Maintain Zero Gross Profit on 3C for 3 Years
Sina Tech, 8/14/12
Liu Qiangdong, CEO of Beijing-based B2C e-commerce platform 360Buy, today announced on his personal microblog that 360Buy will implement a zero gross profit margin policy for its consumer electronics and home appliances business over the next three years. Read More
HTC Invests USD 3 Mln in Ding Ding Map Mobile App
Dfdaily.com, 12/02/11
Taiwanese mobile handset manufacturer HTC (2498.TW) recently invested USD 3 mln in local listings search engine Ding Ding Map (www.ddmap.com) to promote the service's mobile coupon application. Read More
McDonald's Denies Partnering with Gaopeng
Beijing Times, 11/12/11
McDonald's has issued a statement declaring that the fast food chain has not partnered with any group buy sites, and that any group buy deals for McDonald's set meals are not genuine. Read More
Focus Media Launches New Interactive Displays
Sina Tech, 10/13/11
Chinese digital media and Internet advertising operator Focus Media (Nasdaq: FMCN) has launched its new interactive out-of-home displays and accompanying "Q-card" discount cards in seven cities, namely Beijing, Shanghai, Guangzhou, Shenzhen, Nanjing, Hangzhou, and Chengdu. Read More
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