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SME Group Health Insurance Solutions Provider StartupCare Appoints New CEO
CareVoice, 7/07/20
Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. Read More
Baidu Releases New AI Speaker, Smartphone Car Mount
Marbridge Consulting, 11/01/18
Chinese internet conglomerate Baidu (Nasdaq: BIDU) introduced two new artificial intelligence-enabled devices today at its annual Baidu World event in Beijing, including the Xiaodu Smart Speaker Pro 2.0 and Xiaodu Voice Onboard Smartphone Holder. 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
Autonomous Cargo Vehicle Maker Fabu Wins Investment from Sinovation
36Kr.com, 6/12/18
Hangzhou-based autonomous cargo vehicle developer Fabu Technology recently gave an update on its technology progress and future plans, and confirmed new investment from Sinovation Ventures. Read More
Baidu Launches Low-cost 'Xiaodu' Smart Speaker
NetEase Tech, 6/11/18
Chinese internet conglomerate Baidu (Nasdaq: BIDU) recently launched a new, low-cost smart speaker called Xiaodu at an event in Beijing. Read More
Alipay to Provide RMB 1 Trln in Loan Support to Offline Micro Merchants over Next 3 Years
36Kr.com, 5/03/18
Chinese e-commerce giant Alibaba Group's (NYSE: BABA) affiliated third-party payment processor Alipay recently announced a new offline vendor support program, according to which the company will provide services for nearly 100 mln small-scale local merchants throughout China, including offering RMB 1 trln in loan support over the next three years. Read More
Today's Headlines Eyes Opportunities in Chip Sector
36Kr.com, 4/24/18
Yang Zhengyuan, a vice president at Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, recently told online media outlet 36Kr.com that the company will explore business opportunities in the chip domain, following new import restrictions imposed by the US Commerce Department on Chinese telecom equipment and terminal manufacturer ZTE Corporation (0763.HK; 000063.SZ). Read More
Alipay Pilots Government-certified Digital ID Card in Three Cities
Techweb, 4/17/18
"Online functional proof of citizen identity" certified by the trust identity verification platform of the first research institute of China's Ministry of Public Security has appeared for the first time in Chinese third-party payment processor Alipay with Quzhou, Hangzhou, and Fuzhou selected as the trial locations. Read More
Walmart's Western China Stores Drop Alipay in Favor of WeChat Pay
Yzmg.com, 3/24/18
Retail giant Walmart's western China locations have stopped accepting internet conglomerate Alibaba Group's (NYSE: BABA) Alipay payment solution in favor of rival internet conglomerate Tencent's (0700.HK) WeChat Pay. Read More
B2B Fresh Produce M-commerce App 'Song Xiaocai' Wins RMB 230 Mln Series B1
36kr.com, 1/22/18
Hangzhou-based Xiaonong Network Technology, operator of B2B fresh vegetable m-commerce app Song Xiaocai, has completed RMB 230 mln in Series B1 funding led by Global Logistics Properties with participation from IDG Capital Partners, Matrix Partners China, Puhua Capital, and Index Capital. Read More
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