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JD.com Launches Cargo Charter Flights from China to Brazil and Germany

JD.com, 3/25/22

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has launched two charter cargo flights from China to Brazil and Germany on March 17 and 19 respectively. Read More

Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020

CAICT, 1/07/21

As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Market Cap of China's Listed Internet Firms Down 4.2% QoQ in Q1 2020

CAICT, 4/30/20

Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019

CAICT, 1/14/20

Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Market Cap of China's Listed Internet Firms Up 0.5% QoQ in Q3 2019

CAICT, 10/15/19

The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Rumor: Didi Chuxing's Takeout Delivery Service May Refocus on Overseas Markets

Caijing.com.cn, 9/17/18

Chinese taxi booking and car hire service app Didi Chuxing's plans to expand its food delivery service Didi Foodie to the cities of Jinan and Xi'an in August were suspended in late July. Read More

Handset Launcher Developer 'Newborn Town' Wins RMB 9-digit Series D

36Kr.com, 10/23/16

Chinese Android launcher developer Newborn Town (Chizicheng) recently announced the completion of RMB 9-digit Series D funding in H1 2016. Read More

Views of Rio Olympics-related Topics on Weibo Reach 10 Bln on Opening Day

Sina Tech, 8/08/16

Chinese microblogging platform Weibo (Nasdaq: WB), a subsidiary of Sina (Nasdaq: SINA), said yesterday that total views of topics posted on Weibo related to the Olympics reached 10 bln on the day of the Rio Games' opening ceremony. Read More

LightInTheBox Launches Open Platform

Sina Tech, 5/09/14

Beijing-based English-language wholesale B2C e-commerce platform LightInTheBox (NYSE: LITB) has announced the company's open platform strategy at an event in Beijing, creating a fashion-focused open platform channel on the LightInTheBox site to sell goods from third-party merchants around the globe. Read More

Alibaba Repositions AliExpress as "International Taobao"

Tencent Tech, 3/26/13

Chinese e-commerce conglomerate Alibaba Group's international wholesale marketplace AliExpress announced on March 26 that it will shift its focus from online international wholesale to overseas shopping, with the goal of developing a platform similar to Alibaba's C2C & B2C e-commerce site Taobao, but facing buyers in markets outside Mainland China. Read More