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Searching for "4th tier"
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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
B2B Fresh Produce M-commerce App 'Song Xiaocai' Wins RMB 230 Mln Series B1
36kr.com, 1/22/18
Hangzhou-based Xiaonong Network Technology, operator of B2B fresh vegetable m-commerce app Song Xiaocai, has completed RMB 230 mln in Series B1 funding led by Global Logistics Properties with participation from IDG Capital Partners, Matrix Partners China, Puhua Capital, and Index Capital. Read More
Children's Reading App 'Koala Reading' Raises USD 8-digit Series A
36Kr.com, 12/05/17
Beijing-based Xiangyue Education Technology, developer of mobile children's reading app Koala Reading, recently announced the completion of USD 8-digit Series A funding from Qiming Venture Partners and Granite Global Ventures. Read More
Ant Financial Joins USD 350 Mln Round in Dockless Bike Share Service Hellobike
Tencent Tech, 12/04/17
Changzhou-based Youon Low Carbon Technology, operator of bike sharing app Hellobike, recently announced completion of USD 350 mln in Series D1 funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), Beijing-based electric car maker and new energy travel solutions provider WM Motor Technology, Chengwei Capital, and Tianjin-based bicycle maker Fushida Bicycle (Battle). 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
Gome Emphasizes E-Commerce in New Development Strategy
Tencent Tech, 11/18/12
At the November 18 Golden Resource Advertising Auction for television advertising slots on China Central Television (CCTV), Gome (0493.HK) VP He Qingyang said that the Chinese home appliance and consumer electronics retailer has drafted a five-year development strategy beginning in 2013 that will see the company shift to a multiple-channel strategy with three main channels. Read More
Rumor: China Mobile Overstocks TD-SCDMA Feature Phones
Southern Metropolitan News, 8/29/12
China Mobile (NYSE: CHL; 0941.HK) has prohibited third-tier and fourth-tier city branches from procuring TD-SCDMA feature phones for at least a month, according to a source within the operator, due to overstock concerns. Read More
Tencent to Invest in Logistics Industry
Shenzhen Economic Daily, 11/10/11
Wu Xiaoguang, senior VP of internet giant Tencent (0700.HK), said yesterday that the company has firmly committed itself to further investment in the logistics industry. Read More
Lenovo Reveals Strategy for China's Lower Tier Cities
Sohu IT, 8/24/11
Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) yesterday announced its development strategy for 4th, 5th, and 6th tier cities in China, which entails the release of approximately 150 new products from over 45 different product lines. Read More
Rumor: Groupon's China JV Gaopeng Lays Off 400 Employees
Beijing Morning Post, 8/23/11
Gaopeng.com, Groupon and Tencent's (0700.HK) group buy joint venture, has laid off more than 400 employees, according to attorney Zhao Zhanling. Read More
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