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Update: HNA Group Terminates Planned Acquisition of E-commerce Firm Dangdang

HNA Technology, 9/20/18

HNA Technology Group, a subsidiary of HNA Group, announced today that it has decided to abandon its effort to acquire B2C e-commerce firm Dangdang Kewen E-commerce and its affiliate Dangdang Network Information Technology. Read More

HNA Group Buys 80% Stake in Finance Information Portal Caijing.com

The Paper, 3/07/17

HNA Group's investment firm HNA Capital Group has acquired an 80% stake in Beijing-based Lianban Cultural Media Company, operator of business news site Caijing.com, according to information from China's national company registry. Read More

Computer Vision, AI Technology Firm 'SenseTime' Raises USD 120 Mln Series B

Hexun.com, 12/14/16

Beijing-based computer vision and artificial intelligence (AI) technology developer SenseTime Technology Development recently announced completion of USD 120 mln in Series B funding led by CDH Investments. Read More

Rumor: JD.com to Acquire Yihaodian

Sohu IT, 6/18/16

Chinese B2C e-commerce platform JD.com (Nasdaq: JD) is close to wrapping up a deal to acquire rival Yihaodian, a Shanghai-based company owned by American retailer Wal-Mart, for over RMB 40 bln, according to veteran industry observer Lin Fenglei. Read More

Flight, Train Ticketing App Developer 'Huoli Tianhui' Wins RMB 933 Mln Series C

iFeng, 4/11/16

Shenzhen-based flight and train ticketing app developer Huoli Tianhui recently announced completion of RMB 933 mln Series C funding from investors including Beijing Civil Aviation Heyuan Investment Center, HNA-Caissa Travel Group (000796.SZ), Civil Aviation Equity Investment Fund, Haikou-based Dapeng Air Service, Ningbo-based Caissa Shijia Asset Management Partnership, and Matrix Partners China. Read More

Overseas Housing Rental Site Zhubaijia Wins RMB 500 Mln Series C

PE Daily, 9/23/15

Shenzhen-based Beibaoke Business Travel Consultancy Services, operator of online overseas housing rental site Zhubaijia.com, revealed in a press conference held in Beijing today that it received at least RMB 500 mln Series C funding from Hainan Airlines' tourism subsidiary HNA Tourism Holding, making the two companies strategic partners. Read More

Rumor: 7 More Companies Apply for Third-Party Payment Licenses

21st Century Business Herald, 2/17/11

On January 28, the Shanghai, Tianjin, and Shenzhen branches of the People's Bank of China (PBoC) reportedly announced a second batch of third-party payment license applicants. Read More

Alibaba to Invest in Express Delivery Company

China Business News, 3/18/10

On March 29, Chinese B2B e-commerce company Alibaba.com (1688.HK) will sign an agreement to invest in Stars Express, a privately owned express delivery company. Read More