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JD.com Makes USD 100 Mln Strategic Investment in Gome Retail
JD.com, 5/29/20
On May 28, Chinese e-commerce giant JD.com (Nasdaq: JD) announced a strategic investment in Gome Retail Holdings (0493.HK), one of China's largest electronics chains, and will buy USD 100 mln worth of convertible bonds in the company. Read More
Pinduoduo Subscribes to USD 200 Mln in Gome Convertible Bonds in Strategic Partnership
Pinduoduo, 4/19/20
Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) today announced it will subscribe to USD 200 mln in convertible bonds ("CBs") issued by Chinese household appliance and electronics retailer GOME Retail Holdings Limited (0493.HK) as part of a strategic partnership to bring more value-for-money merchandise to Pinduoduo's 585.2 mln users. Read More
Suning Logistics Launches Instant Delivery Solution
Huanqiu Tech, 7/28/18
Chinese consumer electronics and home appliance retailer Suning.com's (002024.SZ) logistics service, Suning Logistics, has launched an on-demand delivery solution called "Suning Miaoda" (roughly "Arrive in Seconds"). Read More
Suning Yigou App Launches Short Video Content E-commerce Platform
P5w.net, 7/27/18
Hou Enlong, president at Chinese consumer electronics and home appliance retailer Suning.com (002024.SZ), recently announced that the company is launching a new short video content e-commerce platform called Touhao Maijia. Read More
Suning to Enter Online Real Estate Agency Market
Sina Tech, 7/06/18
Chinese consumer electronics and home appliance retailer Suning.com (002024.SZ) has recently begun developing a housing resale agency business, with service fees set at RMB 9,999 per transaction regardless of the value of the home. Read More
Baidu Launches In-app Applet Function
IT Home, 7/04/18
Chen Dou, a vice president at Chinese internet conglomerate Baidu (Nasdaq: BIDU), recently announced a new Baidu smart in-app applet function at the company's Baidu Create 2018 AI developer conference in Beijing. Read More
Suning to Help Transform China Unicom Service Outlets into Smart Retail Stores
iFeng Tech, 3/22/18
Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Chinese consumer electronics and home appliance retailer Suning.com Co., Ltd. (002024.SZ) have signed a strategic partnership agreement focused on promoting smart store upgrades for China Unicom offline service centers, as well as developing big data applications. Read More
Update: Maternity Healthcare Platform Lamabang Lands Series D from Suning
36Kr.com, 2/09/17
Shenzhen-based Wangzhi Technology, operator of online and mobile maternity-focused SNS and e-commerce platform Lamabang, recently announced completion of Series D funding from Chinese consumer electronics and home appliance retailer Suning Commerce Group (002024.SZ). Read More
Suning Commerce to Acquire Courier Firm Tian Tian Express
Suning Commerce, 1/03/17
Chinese consumer electronics and home appliance retailer Suning Commerce Group (002024.SZ) recently announced that its wholly owned subsidiary Suning Logistics will spend RMB 4.25 bln to acquire Hangzhou-based logistics company Tian Tian Express. Read More
Electronics Recycling Site Aihuishou Completes RMB 400 Mln Series D
iFeng Tech, 12/21/16
Shanghai-based Yueyi Information Technology, operator of electronic products recycling platform Aihuishou.com (literally "Love to Recycle"), has announced the completion of RMB 400 mln Series D funding in a round jointly led by Cathay Capital and Shenzhen Fortune Venture Capital, and with participation by a number of existing and new stakeholders, including Tiantu Capital, e-tailer JD.com (Nasdaq: JD), Morningside Ventures, Greenwoods Asset Management, and Shenzhen Qianhai Fund of Funds. Read More
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