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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
Tencent Leads USD 820 Mln Series C Funding of Humanoid Robot Maker UBTech
DoNews, 5/03/18
Shenzhen-based smart home robot developer UBTech Robotics recently announced completion of USD 820 mln in Series C funding and said that it is now valued at approximately USD 5 bln. Read More
ZTE Forms Independent Terminal Subsidiary Focused on China Market
iFeng Tech, 3/22/18
Chinese telecom equipment and terminal manufacturer ZTE Corporation (0763.HK; 000063.SZ) recently announced that it has set up an independent subsidiary called ZTE Smart Terminal (ZTE Terminal China) to focus on the Chinese handset market. Read More
Renrenche, Didi Chuxing Ally on Car Sales, Repairs and Maintenance
36Kr.com, 3/01/18
Beijing-based Renrenche Network Technology, operator of online and mobile used car trading platform Renrenche.com, recently announced a partnership with Chinese taxi booking and car hire service app Didi Chuxing, to offer cost-effective used and new vehicle resources and solutions to vehicle operators on the Didi Chuxing platform. Read More
Japanese Imports M-commerce App 'Princess Pea' Raises USD 68 Mln Series C
Princess Pea, 11/22/17
Beijing-based Liangshi Wuji Technology, developer of Japanese imports m-commerce app Princess Pea, announced today the completion of USD 68 mln in Series C funding jointly from Japanese general trading company Itochu Corporation, Japanese telecom operator KDDI Corporation, and Japanese financial service company SBI Group. Read More
Alibaba, Yunfeng Capital Lead RMB 1 Bln Investment in Cloud Storage Provider Qiniu
iHeima, 8/28/17
Shanghai-based cloud storage and computer technology developer Qiniu Information Technology recently announced completion of RMB 1 bln in Series E funding led by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and Yunfeng Capital, the private equity company co-founded by Alibaba Group chairman Jack Ma. Read More
Bike-sharing App Mobike Starts Selling Raincoats via WeChat Official Account
DoNews, 7/05/17
Beijing-based mobile bicycle share operator Mobike Technology has begun selling derivative products through its official account on Tencent's (0700.HK) WeChat mobile messaging app with the launch today of a Mobike raincoat. Read More
Renren VP Resigns, Citing CEO Disagreement
Sina Tech, 6/27/14
Alan Du recently announced in an internal email that he has resigned from his position as VP in charge of strategic development at Beijing-based social networking site operator Renren (NYSE: RENN). Read More
Oriental Pearl, Japan's D2C to Establish Shanghai-based JV
Shanghai Stock Exchange, 2/27/14
Chinese media company Shanghai Oriental Pearl (600832.SH) has announced that the company's culture industry investment subsidiary Shanghai Oriental Pearl Culture Development has partnered with Japanese mobile marketing and advertising company D2C to establish a joint venture in Shanghai. Read More
UCWeb Confirms Acquisition of PP Assistant
China Business News, 12/09/13
Zhu Shunyan, COO of mobile browser developer UCWeb, confirmed on December 7 that UCWeb is nearing completion of its acquisition of Teiron Network Technology, operator of mobile app store PP Assistant. Read More
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