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JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion

JD.com, 6/19/20

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. 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

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

Baidu, FAW to Jointly Launch L4 Autonomous Passenger Car by End of 2019

Baidu, 11/01/18

Robin Li, CEO of Baidu (Nasdaq: BIDU), announced today at the annual Baidu World event in Beijing that the Chinese internet giant plans for volume production of China’s first Level 4 (L4) Hongqi autonomous driving passenger vehicle in collaboration with Chinese automaker FAW Group, collaboration with Chinese-owned Swedish car manufacturer Volvo to jointly develop electric cars with full autonomous capabilities for the China market, and plans for autonomous driving taxis. Read More

Alibaba Invests RMB 90 Mln in Cosmetics Retail Management Solutions Provider Pekon

36Kr.com, 7/19/18

Shanghai-based cosmetics industry-focused retail management solutions provider Bingkun Digital Technology (Pekon) recently announced completion of RMB 90 mln in Series B funding led by Chinese internet conglomerate Alibaba Group (NYSE: BABA) with participation by prior-round investor LightHouse Capital Management. Read More

Voice Recognition Firm Sibichi Completes RMB 500 Mln Series D

36Kr.com, 6/26/18

Suzhou-based voice recognition technology provider Sibichi Information Technology (AISpeech) recently announced completion of a new RMB 500 mln round of funding led by Suzhou-based Oriza Holdings and China Minsheng Investment with participation by Shenzhen Capital Group, Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW), and Taiwanese chipmaker MediaTek (MTK). Read More

Baidu Launches Blockchain Open Platform 'Baidu Trust'

36Kr.com, 1/12/18

Chinese internet company Baidu (Nasdaq: BIDU) has launched a Blockchain as a Service (BaaS) open platform called "Baidu Trust" at web address chain.baidu.com. Read More

Bitauto Launches Automotive Industry AI Engine

TechWeb, 11/17/17

Beijing-based automotive website firm Bitauto (NYSE: BITA) has announced the launch of an "Optimus Prime" Plan for an automotive industry artificial intelligence (AI) engine that smartly connects drivers, manufacturers, and dealers. Read More

Cloud-based Communications Solutions Provider Yunzhixun Wins RMB 300 Mln Series B

Tencent Tech, 8/15/17

Cloud-based communications solutions provider Shenzhen Yunzhixun Network Technology recently announced the completion of RMB 300 mln in Series B funding led by Mangrove Capital. Read More

WeChat Pay Launches Overseas Open Platform

Tencent, 7/03/17

Chinese internet and mobile services firm Tencent's (0700.HK) WeChat mobile messaging app has revealed a new overseas open platform for its WeChat Pay in-app payment tool, which was announced at a press event in Tokyo. Read More