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China Pacific Insurance Invests Additional RMB 1.6 Bln in Ant Financial

TechWeb, 6/24/18

China Pacific Life Insurance, a subsidiary of China Pacific Insurance Group (2601.HK) (601601.SH), recently invested approximately RMB 1.6 bln in Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), according to information released by the Insurance Association of China. Read More

P2P Car Rental Platform 'Atzuche' Raises RMB 400 Mln Series C

Beijing Business Today, 2/23/17

Shanghai-based Xin Gongying Information Technology, operator of online and mobile P2P car rental platform Atzuche, has announced the completion of nearly RMB 400 mln in Series C funding. Read More

Alibaba Health, CPIC Ally on Online Health Insurance

Ebrun, 7/28/15

Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) Hong Kong-based health services subsidiary Alibaba Health Information Technology (0241.HK) has announced it signed a deal with CPIC Allianz Health Insurance, a subsidiary of China Pacific Life Insurance (CPIC), to explore online health insurance products as a new model for health insurance services. Read More

Taobao to Launch Third-Party QC Service

Sina Tech, 3/13/13

On March 13, Hangzhou-based C2C & B2C e-commerce site Taobao announced plans to introduce a third-party quality inspection service, starting with trials in the product categories of mobile phones, digital cameras, and home furnishings. Read More