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China's Jan-April Core Internet Industry Revenues Exceed RMB 324 Bln
MIIT, 5/28/19
China's core internet industry, defined as the aggregate of those enterprises holding a telecommunications value-added service license and recording 2018 full-year service revenues of at least RMB 5 mln, generated RMB 324.6 bln in service revenue during the 4-month period from January to April, 2019, according to a new report issued by China's Ministry of Industry and Information Technology (MIIT). Read More
MIIT: China's Total Number of Large-scale Software Enterprises Reaches 37,776 in 2018
MIIT, 2/01/19
As of the end of 2018, mainland China had 37,776 large-scale software enterprises, reports China's Ministry of Industry and Information Technology (MIIT). 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
Bike-sharing App '3V Bike' Exits Market over Bike Thefts
Tencent Tech, 6/30/17
Beijing-based Huayaodi Technology, operator of dockless bike-sharing service 3V Bike, has shut down as of June 21 due to a large number of its bikes being stolen, according to an announcement from the company's official account on Tencent's (0700.HK) WeChat mobile messaging app. Read More
Dockless Bike-share Operator Mobike Reaches 130 Cities
Mobike, 6/27/17
Chinese dockless bicycle-sharing service Mobike announced today that it currently has operations in 130 cities globally, including 125 mainland Chinese cities and 5 overseas cities. Read More
Ofo Doubles Bike Rental Deposit Requirement to RMB 199
The Paper, 6/20/17
Beijing-based Bikelock Technology, operator of mobile bicycle-sharing app Ofo, has doubled its bike rental deposit for new users to RMB 199. Read More
Alibaba's 2014 Online Healthcare Retail Sales Reach RMB 65 Bln
AliResearch, 12/10/15
Total healthcare product and service consumption in 2014 on Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) retail sales platforms, which includes B2C platform Tmall and C2C platform Taobao, increased 62.5% YoY to RMB 65.02 bln, according to a newly released report from Alibaba. Read More
China Issues Draft Plan to Accelerate O2O Business Development
Gov.cn, 9/29/15
The General Office of China's State Council released a draft plan today to accelerate the innovation, transformation, development, and advancement of O2O businesses. Read More
China's H1 2015 Online Insurance Market Up 260% YoY
Ebrun, 8/24/15
The Insurance Association of China (IAC) recently published its "2014 Online Insurance Industry Development Report" and H1 2015 operations data for the online insurance industry. Read More
Home Decoration Site To8to Completes USD 200 Mln Series C
DoNews, 3/12/15
Shenzhen-based Binxun Technology, operator of home decoration B2C online shopping directory and services platform To8to.com, announced yesterday that it has completed USD 200 mln Series C funding from Chinese online classifieds site 58.com (NYSE: WUBA), Sequoia Capital, Matrix Partners, and other investors. Read More
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