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JD Logistics Launches New Express Delivery Service to North America and Europe

JD.com, 12/15/23

JD Logistics (2618.HK), the logistics arm of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK), announced today the launch of its international express delivery service. Read More

Alibaba's Cainiao to Build Intelligent Delivery Distribution Centers in Pakistan

Cainiao, 6/17/22

Cainiao, the logistics unit of Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK), announced today in a WeChat post that it plans to build two intelligent delivery distribution centers in Pakistan. Read More

Mobile Education Platform Zuoyebang Wins USD 750 Mln Series E

Zuoyebang, 6/30/20

Chinese K-12 online education platform Zuoyebang has announced via its official WeChat account the completion of a USD 750 mln Series E round of financing, led by FountainVest Partners and Tiger Global, with participation from new and existing shareholders Qatar Investment Authority, Sequoia Capital China Fund, Softbank Vision Fund 1, Tiantu Capital, and Xianghe Capital. Read More

58.com Purchases Uxin's B2B Used Car Auction Platform

58.com, 3/24/20

Chinese online classifieds site 58.com (NYSE: WUBA) today announced that it has entered into definitive agreements with Uxin Limited (Nasdaq: UXIN), a leading national online used car dealer in China, to purchase certain assets and liabilities related to Uxin's B2B online used car auction business for a total cash consideration of USD 105 mln. Read More

China's H1 2019 Internet User Base Reaches 854 Mln

CNNIC, 8/30/19

China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More

China's H2 2018 Internet User Base Reaches 829 Mln

CNNIC, 2/28/19

China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More

Alibaba's DingTalk Collaboration App Invests in Office Automation SaaS Firm Landray

36Kr.com, 9/27/18

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

Ant Financial Leads Series A3 Funding of Men's Online Customized Outfitter Champzee

36Kr.com, 9/25/18

Hangzhou-based Chuiyi Network Technology, operator of subscription men's apparel service "Champzee," recently completed Series A3 funding led by Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), with participation from China Broadband Capital's Chenshan Fund. Read More

Online and Mobile Visa Service Platform 666Visa.cn Secures RMB 60 Mln Series B

Travel Daily, 9/20/18

Shenzhen-based Liuliuliu International Travel Agency, operator of online and mobile visa service platform Shangshangqian (666Visa), has won RMB 60 mln in Series B funding led by Bohuiyuan Venture Capital with participation from dozens of investors, including Origins Capital. Read More

Today's Headlines Launches Applet Function

Techweb, 9/18/18

Online and mobile news portal platform Today's Headlines, operated by Beijing-based Bytedance Technology, recently announced a new in-app applets function, following the release of applet functions by other platforms such as Tencent's (0700.HK) WeChat mobile messaging app, Alibaba's (NYSE: BABA) third-party payment platform Alipay, and search giant Baidu (Nasdaq: BIDU). Read More