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Alibaba's Cainiao to Build Intelligent Delivery Distribution Centers in Pakistan
Cainiao, 6/17/22
Cainiao, the logistics unit of Chinese internet conglomerate Alibaba Group (NYSE: BABA; 9988.HK), announced today in a WeChat post that it plans to build two intelligent delivery distribution centers in Pakistan. Read More
JD.com Upgrades and Rebrands JD Finance to JD Digits
JD.com, 11/20/18
Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More
Alibaba's UCWeb to Invest RMB 500 Mln to Support Original Content Creation
TechWeb, 9/13/18
Alibaba Group's (NYSE: BABA) UCWeb subsidiary, operator of mobile browser UC Browser, recently announced a "U Creator Plan" to encourage the production of premium original content. Read More
Cloud Service Provider UCloud Secures Series E Funding from China Mobile
36Kr.com, 6/28/18
Shanghai-based cloud service provider UCloud Information Technology has won Series E funding from telecom operator China Mobile (NYSE: CHL; 0941.HK). Read More
Smart Parking Solution Provider Carlinkin Secures RMB 8-digit Series A
36Kr.com, 6/15/18
Xiamen-based Runming Network Technology, operator of smart parking solution brand Carlinkin, recently announced completion of RMB 8-digit Series A funding led by Star Venture Capital with participation by Yingxin Guofu Investment Management and Shanghai-based Edge Ventures. Read More
Yuntian Lifei to Commercialize Edge-based Embedded AI Chip in H1 2019
Shenzhen Press Group, 4/27/18
Shenzhen-based visual intelligent systems developer Yuntian Lifei Technology recently announced new progress in its development of an embedded AI chip for edge computing, and said that it plans to begin fabrication this year to support commercial application in H1 2019. Read More
Mobile Bike Share Service Ofo to Withdraw from 14 Cities
Yesky.com, 5/17/17
Beijing-based Bikelock Technology, operator of mobile bicycle-sharing app Ofo, recently said that it will withdraw from 14 cities. Read More
GoerTek to Acquire 10% Stake in U.S. Wearable Tech Firm Kopin
GoerTek, 1/03/17
Shandong-based microelectronic component manufacturer GoerTek (002241.SZ) has announced plans to purchase a 9.8% stake in U.S.-based wearable technology company Kopin Corporation (Nasdaq: KOPN). Read More
Didi Kuaidi Invests in Indian Car Hire App Ola
National Business Daily, 9/28/15
Xiaoju Kuaizhi Inc ("Didi Kuaidi"), operator of Chinese mobile taxi booking and car hire apps Didi Chuxing (formerly Didi Dache) and Kuaidi Dache, has announced that it invested an undisclosed amount in Indian car hire app Ola's latest round of funding along with GIC, Falcon Edge, Tiger Global, and SoftBank China Venture Capital. Read More
Qualcomm Powers 40% of China Mobile's TD-LTE Terminal Tender
Sina Tech, 12/17/12
An industry source revealed on December 17 that a total of 30 terminals won bids in China Mobile's (NYSE: CHL; 0941.HK) recently concluded TD-LTE terminals tender, 12 of them using Qualcomm chips, giving Qualcomm a 40% market share among winning terminals. Read More
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