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Q&A Site Zhihu's User Base Exceeds 200 Mln

Sina Tech, 9/20/18

Chinese online and mobile Q&A community Zhihu.com, operated by Beijing-based Zhizhe Tianxia Technology, exceeded 200 mln registered users at the end of August, revealed CEO Zhou Yuan at the 2018 China Cybersecurity Expo under way in Chengdu from September 17-21. Read More

CCTV Expose Criticizes Today's Headlines for Illegal Medical Ads in Lower-tier Cities

TechWeb, 3/30/18

State broadcaster China Central Television recently aired an expose on a half hour economics program, accusing online and mobile news platform Today's Headlines of creating an advertising trap. 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

Dockless Bike-share Operator Mobike Reaches 130 Cities

Mobike, 6/27/17

Chinese dockless bicycle-sharing service Mobike announced today that it currently has operations in 130 cities globally, including 125 mainland Chinese cities and 5 overseas cities. Read More

Ctrip to Acquire Controlling Stake in Travel Agency 'Traveling Bestone'

Tencent Tech, 10/17/16

Chinese online travel service provider Ctrip (Nasdaq: CTRP) and Chongqing-based Overseas Tourist Group, operator of online and mobile travel booking platform Traveling Bestone, have jointly announced the signing of a strategic investment partnership agreement, under which Ctrip will acquire a controlling stake of Traveling Bestone. Read More

Mobile Chauffeur App E Daijia Lands USD 100 Mln Series D

Lieyunwang.com, 5/06/15

Beijing-based Yixin Yixing Automotive Technical Development Service, operator of mobile chauffeur service app E Daijia, has landed USD 100 mln Series D financing valuing the company at USD 800 mln. Read More

Suning to Open 200 Retail Stores in 2014

Tencent Tech, 2/18/14

Chinese consumer electronics and home appliances retailer Suning (002024.SZ) recently announced that the company plans to open 200 new retail stores in 2014. Read More

China's 2012 Internet Café Market Down 13% YoY

17173.com, 4/28/13

In its recent 2012 Report on the Chinese Internet Café Market, China's Ministry of Culture found that there was a total of 136,000 internet cafes around China as of the end of 2012, housing 11.95 mln computers and serving 126 mln users. Read More

Vancl to Focus on Mobile Business in 2013

TechWeb, 4/24/13

Chinese B2C clothing website Vancl announced today that it has established a mobile innovation business division to oversee the expansion and implementation of innovative mobile client-based services. Read More

Kaixinren Pharmacy 2012 Sales Reach RMB 200 Mln

Ebrun, 1/23/13

Gong Bo, VP of the Jiangxi Kaixinren Group, revealed recently that the company's e-commerce pharmacy subsidiary Kaixinren Pharmacy (360kxr.com) had achieved total 2012 sales of nearly RMB 200 mln through the company's own website and its flagship store on Alibaba Group's B2C e-commerce site TMall, and had grown to more than 9 mln users. Read More