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JD.com Invests RMB 1 bln to Incentivize Video Content Creation
JD.com, 4/11/24
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced yesterday an investment of RMB 1 bln in cash incentives aimed at attracting a wider pool of video content creators and institutions to its platform. Read More
JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale
JD.com, 11/12/19
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
Alibaba Acquires Import E-Commerce Platform Kaola from NetEase
NetEase, 9/05/19
Chinese internet conglomerates NetEase, Inc. (Nasdaq: NTES) and Alibaba Group (NYSE: BABA) today announced Alibaba's acquisition of NetEase's import e-commerce platform Kaola for approximately USD 2 bln. Read More
Goldman Leads USD 127 Mln Series D Funding of Fitness Instruction App 'Keep'
36Kr.com, 7/10/18
Beijing-based Calorie Technology, operator of mobile healthcare and fitness app Keep, recently completed USD 127 mln in Series D funding led by Goldman Sachs with participation from Chinese internet conglomerate Tencent (0700.HK), Granite Global Ventures, Morningside Ventures, and Bertelsmann Asia Investments (BAI). Read More
Rumor: Today's Headlines to Launch Gamecasting Service
36Kr.com, 6/29/18
Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, is reportedly planning to launch a new live gamecasting service, according to several industry sources speaking with media outlet 36Kr.com. Read More
Zhang Yimou's VR Entertainment Firm Sky Limit Secures RMB 9-digit Pre-A
DoNews, 6/21/18
Beijing-based entertainment company Danghong Qitian International Culture Development (Sky Limit Entertainment) recently announced completion of RMB 9-digit pre-Series A funding led by Shenzhen-based OCT Culture Group with participation by Mango Culture and Innovation Private Equity Fund. Read More
Rumor: Today's Headlines to Launch Enterprise IM Product in H1 2018
Jiemian, 3/03/18
Beijing-based Bytedance Technology, operator of online and mobile news platform Today's Headlines, is reportedly internally incubating an enterprise instant messaging product, dubbed "Lark," which could be released as early as H1 2018. Read More
Former Baidu Research Director's AI Startup Aibee Lands RMB 165 Mln Angel Round
Sina Tech, 1/16/18
Beijing-based Aibee Intelligent Technology, the AI industry solutions firm founded by Lin Yuanqing, former director at Chinese internet conglomerate Baidu's (Nasdaq: BIDU) Baidu Research Institute, recently announced completion of RMB 165 mln in angel funding led by Fosun Kinzon Capital with participation by VCs and individual investors including ZhenFund, China Growth Capital, China Renaissance K2 Ventures (K2VC), Lenovo Capital and Incubator Group, Sequoia Capital, Yonghua Capital and Horizon Robotics. Read More
Co-working and Business Consulting Service Kr Space Raises RMB 600 Mln Pre-B Funding
Kr Space, 1/11/18
Beijing-based Kr Space Information Technology, operator of co-working space and business consulting services platform Kr Space, recently announced completion of RMB 600 mln in pre-Series B funding. Read More
Rumor: Didi Chuxing Acquires Dockless Bike Sharing Service Bluegogo
ChinaTimes, 1/02/18
Chinese mobile taxi booking and car hire service app Didi Chuxing is rumored to have signed an acquisition agreement with Tianjin-based Luding Technology, operator of dockless bicycle-sharing service Blugogo, according to an inside source at Didi Chuxing. Read More
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