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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
B2B Wine E-commerce Platform 'E Jiupi' Wins USD 200 Mln Series D
36Kr.com, 9/20/18
Beijing-based Yi Jiupi E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced the completion of USD 200 mln in Series D funding at a valuation of USD 1.1 bln, making it China's latest entry to the internet unicorn club. 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
Blockchain-based Community Forecasting Platform Yuyan Wins Seed Funding
36Kr.com, 7/18/18
Beijing-based Xinlian Technology, operator of blockchain-based community-based forecasting platform Yuyan, recently announced completion of seed funding from Shanghai-based Tokenmania Asset Management (TAMC), Kylin Capital, Huixiang Fund, Imagination Fund, and Hayek Capital. Read More
China's Leading Courier Firms Adopt Cainiao's Delivery Person Star Rating System
P5w.net, 7/05/18
Cainiao Network Technology, the smart logistics company co-established by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and several other firms, recently said that its delivery staff star-rating system has been adopted by five major Chinese express delivery firms including YTO Express (600233.SH), ZTO Express (NYSE: ZTO), Shentong Express, Best Express (NYSE: BSTI), and Tian Tian Express. Read More
Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong
36Kr.com, 6/15/18
Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More
WeChat Launches Product Search Function Linked to JD.com
DoNews, 6/13/18
Chinese internet conglomerate Tencent's (0700.HK) WeChat mobile messaging app has launched a product search function. Read More
Rumor: Meituan-Dianping in Talks with Convenience Stores on Partnership, Investment
Tencent Finance, 3/12/18
Chinese online ratings, group buy, and food O2O business Meituan-Dianping's "big retail" business group, formed in December 2017, is reportedly exploring investment and partnership opportunities with convenience store operators, according to online media outlet Tencent Finance. Read More
Meituan-Dianping, Chinese Government Ally on Credit Information Sharing
China Securities Journal, 3/07/18
Chinese online ratings, group buy, and food O2O business Meituan-Dianping and China's National Development and Reform Commission (NDRC) and State Information Center (SIC) recently signed a credit information sharing partnership agreement, according to which the parties will use the NDRC-managed "Credit China" website to share credit-related information resources and accelerate the introduction of coordinated rewards and disincentives in the finance domain. Read More
Didi Chuxing, Chinese Government Sign Credit Information-sharing Agreement
China News, 3/07/18
China’s National Development and Reform Commission (NDRC) and Chinese taxi booking and car hire service app Didi Chuxing recently signed a credit information sharing agreement and launched a credit-based incentives program for Didi Chuxing travelers. Read More
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