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Xiaomi-backed Smart Kitchen Appliance Maker Chunmi Wins RMB 9-digit Series C+
iHeima, 9/25/18
Shanghai-based smart kitchen appliance maker Chunmi Electronic Technology today announced the completion of Series C+ funding jointly from NGP Capital and Yingke Innovation Asset Management. Read More
MediaTek to Develop Customized AI Chip for Alibaba's DingTalk Office System
FromGeek, 6/26/18
Taiwanese fabless semiconductor company MediaTek will create an artificial intelligence (AI)-based office system for Chinese internet conglomerate Alibaba Group's (NYSE: BABA) team collaboration app DingTalk (Dingding). Read More
Tencent Joins RMB 4 Bln Round in Long-term Apartment Leasing Service Ziroom
The Paper, 1/16/18
Beijing-based Ziroom Shenghuo Asset Management, operator of online O2O long-term apartment leasing service Ziroom.com, recently announced completion of RMB 4 bln in Series A funding led by Warburg Pincus, Sequoia Capital China, and Chinese internet and mobile services firm Tencent (0700.HK). Read More
Besttone to Wholly Acquire China Telecom's Mobile App Store Subsidiary
Besttone Holding, 7/28/17
Online travel booking service provider Besttone Holding (600640.SH) has announced that the company plans to wholly acquire E-Surfing Space Technology, operator of mobile app store E-Surfing Space. Read More
JD.com Releases E-commerce VR/AR Strategy
NetEase Tech, 9/06/16
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) has announced at a press conference the company's e-commerce virtual reality (VR) and augmented reality (AR) industry strategy, including the formation of an alliance with more than 30 firms such as chipmaker Intel, Taiwanese mobile handset manufacturer HTC, graphics chip maker Nvidia, and VR firm Baofeng Mojing Technology. Read More
Lakala Mobile Payment Transaction Volume Hits RMB 31 Bln
Ebrun, 8/13/13
Sun Taoran, Chairman and President of Beijing-based e-payment service company Lakala, has disclosed that the company's mobile payment transaction volume reached RMB 31.14 bln in Q2 2013, tallying 10.59 mln total transactions, with an active user base of 1.45 mln. Read More
MIIT: Energy Efficient Notebooks to Receive Government Support
Sina Tech, 5/22/13
At a 2013 summit promoting low-carbon economic development in China's ICT industry held recently in Xi'an, Su Bo, deputy minister of China's Ministry of Industry and Information Technology (MIIT), stated that the government has decided to extend its support of energy-efficient products to include items such as notebook computers, copy machines, and printers. Read More
Levono, Jingdong Partner on 3C Service and Maintenance
CCIDnet, 5/22/13
Chinese consumer electronics manufacturer Lenovo (0992.HK) signed a strategic partnership agreement with Beijing-based B2C e-commerce platform Jingdong on May 22 under which the two companies will work together to develop China's 3C services market. Read More
Tencent Gaming Division Introduces "Pan-Entertainment " Strategy
National Business Daily, 4/19/13
Shenzhen-based internet and mobile services company Tencent's (0700.HK) online gaming-focused interactive entertainment business group announced today that it is gradually broadening its focus from online games to encompass games, animation, literature, film and television, and other related interactive entertainment media as part of its "pan-entertainment" strategy. Read More
Gome 2013 to Establish 50 Superstores in First-Tier Cities
Tencent Tech, 3/29/13
At a signing event today for a new memorandum of understanding between Chinese home appliance and consumer electronics retailer Gome (0493.HK) and Microsoft for efforts to promote the adoption of licensed software, Gome said that it will set up more than "Microsoft Product Experience Zones" in its offline stores. Read More
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