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China's Number of Value-added Telecom Service Enterprises Exceeds 78,400
CAICT, 1/15/20
As of the end of December 2019, China's total number of enterprises holding a value-added telecommunications service license reached 78,445, up 1.57% month-on-month, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
JD.com's 7Fresh Opens First "Seven Fun" Lifestyle Space + Convenience Store
JD.com, 12/24/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD)'s 7Fresh fresh food supermarket chain launched the first of its Seven Fun lifestyle spaces today in Beijing. 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
UTStarcom, China Mobile Jointly Launch 5G-powered Smart Commercial Refrigerator
UTStarcom, 5/10/19
Chinese telecommunications infrastructure provider UTStarcom (Nasdaq: UTSI) today announced that the company launched the goBox, its first 5G-powered smart commercial refrigerator. 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
NetEase to Launch Cross-border E-commerce Collections Platform
Tech.163.com, 9/21/18
Chinese internet company NetEase's (Nasdaq: NTES) subsidiary third-party payment platform "epay.163.com" will soon launch a cross-border collections business. 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
China Allows Online Prescription of Drugs for Common Illnesses and Chronic Diseases
CCTV, 9/11/18
China's National Health Commission recently issued a notice indicating that in order to further promote the informatization of medical institution operations centered on electronic medical records, it will allow doctors in possession of a patient's medical records to issue online prescriptions for some common illnesses and chronic diseases, and will permit pharmacists to review these prescriptions online and deliver drugs to patients. Read More
WeChat Launches Credit-based Loan Service 'Zhouzhuan'
Xinliu Caijing, 9/10/18
Chinese internet conglomerate Tencent's (0700.HK) WeChat mobile messaging app has added a new mobile lending product to its built-in mobile wallet and wealth management platform Licaitong. Read More
Alipay, Taobao Testing Group Buy Function to Rival Pinduoduo
Cnstock.com, 8/07/18
Chinese third-party payment processor Alipay and Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao recently partnered to launch a new group buying function, which can now be accessed through a link at the bottom of the Alipay main page. Read More
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