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JD.com's JoyBuy Starts Trial Operations of Korean-language Version
JD.com, 3/31/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) has announced that Joybuy.com, its outbound B2C e-commerce site, began trial operations of a Korean-language version of the platform on March 23. Read More
Niu Technologies Posts Q1 2019 Profit of RMB 12 Mln
Niu Technologies, 5/13/19
Chinese smart urban mobility solutions firm Niu Technologies (Nasdaq: NIU) today announced its financial results for the first quarter 2019. Read More
Online Financial and Tax Services Platform Huisuanzhang Completes Series C
iYiou, 9/26/18
Beijing-based Gongjin Technology, operator of mobile and PC bookkeeping service platform Huisuanzhang, recently announced the completion of Series C funding led by Gaocheng Capital with participation from existing investor Android device maker Xiaomi (1810.HK). Read More
Robotic Arm Solutions Provider Dobot Raises RMB 100 Mln Series A+
Sina Tech, 6/28/18
Shenzhen-based robotic arm solutions provider Yuejiang Technology announced today that it has secured RMB 100 mln in Series A+ funding led by Green Pine Capital Partners. 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
Fresh Food Ordering App Missfresh Secures USD 230 Mln Series C+
ChinaNews, 9/20/17
Beijing-based fresh food m-commerce app operator Missfresh E-commerce recently confirmed that it had completed USD 230 mln in Series C+ in March 2017 in a round jointly led by Tiger Global and Genesis Capital with participation by Jeneration Capital. Read More
Tencent-backed 'China Reading' Announces Ecosystem Strategy
TechWeb, 6/06/17
Online and mobile literature firm China Reading Limited, an affiliate of internet and mobile services firm Tencent (0700.HK), recently announced an ecosystem strategy which will be developed around the company's original works division, publishing division, and operations division, according to CEO Wu Wenhui. Read More
C2C Used Car Sales Platform Souche Raises USD 180 Mln Series D
Lieyunwang, 4/06/17
Beijing-based Souche Holdings, operator of online C2C second-hand car sales platform Souche, recently announced the completion of USD 180 mln in Series D funding led by American private equity firm Warburg Pincus with participation from VMS Investment Group, ClearVue Partners, Shanghai Zuoyu Asset Management, Haitong International Securities Group (0665.HK), CreditEase New Finance Industry Investment Fund, and Morningside Ventures. Read More
B2B Grocery Platform Huimin Secures RMB 1.3 Bln Series B
36Kr.com, 9/04/16
Beijing-based Zhongshang Huimin E-Commerce, operator of B2B grocery platform Huimin.cn, recently announced completion of RMB 1.3 bln in Series B funding from China Innovation Investment, Western Capital Management, China United SME Guarantee Corporation, Fortune Venture Capital, Renzhong Capital Management, and other investors. Read More
China Telecom Signs Purchase Orders for 67 Mln Smartphones
Sohu IT, 7/15/16
China Telecom (NYSE: CHA; 0728.HK) has signed purchase order confirmations for 67 mln smartphones worth approximately RMB 10.7 bln with a variety of sales channels, including smartphone manufacturers, chain stores, and national sales agents at the opening ceremony of the "2016 E-Surfing Smartphone Trade Fair." Read More
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