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MIIT: 5G Models Drop to 41% of China's Q3 2021 Network Access License Applications
CAICT, 11/09/21
In Q3 2021, as demand from Chinese consumers for lower-cost 4G handset models increased, 5G models comprised just 41% of total new handset network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT) under the Ministry of Industry and Information Technology (MIIT). Read More
Alibaba's Rebrands Community Marketplaces Business to 'Taocaicai'
Alibaba Group, 9/17/21
Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK) announced today that on September 14, it rebranded its community marketplaces business to "Taocaicai" from Taobao Grocery and Freshippo Market. Read More
MIIT: 5G Models Comprise 54% of China's Q1 2020 Network Access License Applications
CAICT, 4/27/20
In Q1 2020, as China's mobile phone market continued to transition from 4G to 5G, 5G handset models comprised almost 54% of total new handset product network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT)'s CTTL Terminal Labs under the Ministry of Industry and Information Technology (MIIT). Read More
JD.com's 7Fresh Opens First "Seven Fun" Lifestyle Space + Convenience Store
JD.com, 12/24/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD)'s 7Fresh fresh food supermarket chain launched the first of its Seven Fun lifestyle spaces today in Beijing. Read More
5G Handsets Comprise 8% of China's Q3 2019 Network Access License Applications
CAICT, 10/29/19
In Q3 2019, as China's mobile phone market continued to transition from 4G to 5G, 5G handset models comprised over 8% of total new handset product network access license applications submitted during the quarter, according to a newly issued report from the China Academy of Information and Communications Technology (CAICT)'s CTTL Terminal Labs under the Ministry of Industry and Information Technology (MIIT). Read More
China Unicom, China Telecom to Co-Build Shared Nationwide 5G Access Network
China Unicom, 9/09/19
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), each of which holds a roughly 20% share of China's approximately 1.6 bln mobile subscriber base, today jointly announced that the two network operators will co-build and co-share a single, nationwide 5G access network. Read More
YouTube, Amazon to Offer Youku's 'Longest Day in Chan'an' Series
Alibaba Group, 7/02/19
Chinese internet conglomerate Alibaba Group (NYSE: BABA) announced today that "The Longest Day in Chang'an," a period detective series first released on Alibaba's online video platform Youku, is premiering outside of China this month via streaming partners such as YouTube, Amazon Prime and Rakuten Viki. Read More
JD.com Upgrades and Rebrands JD Finance to JD Digits
JD.com, 11/20/18
Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More
Online Real Estate Big Data Service Yunfang Data Reveals Series A Funding Details
PE Daily, 5/08/18
Beijing-based Yunfang Data Technology, operator of online real estate big data services platform Yunfang Data, recently said that it completed RMB 20 mln in Series A funding in late 2016 from Shenzhen-based Fortune Venture Capital. Read More
NetEase's AI Unit, Electric Car Maker WM Motor Ally on Connected Car
NetEase Auto, 12/01/17
Chinese internet company NetEase's (Nasdaq: NTES) artificial intelligence business unit (NetEase AIBU) and Beijing-based electric car maker and new energy travel solutions provider WM Motor Technology have signed an exclusive strategic partnership agreement to create an "Internet+" modern smart car. Read More
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