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Pinduoduo Appoints New VP Finance

Pinduoduo, 12/30/21

Chinese group-buy e-commerce platform operator Pinduoduo (Nasdaq: PDD) revealed in a new SEC filing today that Ms. LIU Jun will succeed MA Jing ("Tony Ma") as Pinduoduo's Vice President of Finance, effective January 1, 2022. Read More

Online Recruitment Platform 51job Receives Preliminary Privatization Proposal

51job, 9/17/20

Chinese online recruitment platform operator 51job (Nasdaq: JOBS) announced today that its Board of Directors has received a preliminary non-binding proposal letter dated September 17, 2020 from DCP Capital Partners (the "Proposing Buyer") to acquire all of the outstanding common shares of the company for USD 79.05 in cash per common share (the "Proposed Transaction"). Read More

SME Group Health Insurance Solutions Provider StartupCare Appoints New CEO

CareVoice, 7/07/20

Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. Read More

Pinduoduo Names New CEO, General Counsel and VP of Finance

Pinduoduo, 7/01/20

Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) announced today that its Board of Directors has appointed Mr. CHEN Lei as Chief Executive Officer, effective immediately. Read More

Baidu Posts Q1 2019 Net Loss of RMB 327 Mln

Baidu, 5/16/19

Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More

Professional SNS App Maimai Completes USD 200 Mln Series D

36Kr.com, 8/21/18

Professional SNS app Maimai, operated by Beijing-based Taoyou Tianxia Technology Development, has completed USD 200 mln in Series D funding led by DST Global and with participation from previous investors IDG Capital Partners, Morningside Ventures, and DCM Ventures. Read More

Baidu Loses Founder of Raven Studio AI Hardware Unit

36Kr.com, 7/07/18

Lv Cheng (Jesse Lv), head of Chinese internet conglomerate Baidu's (Nasdaq: BIDU) Raven Studio Workshop, a smart hardware business division under its Smart Living Group, resigned from Baidu in June. Read More

Baidu CEO Resigns from China Unicom's Board

China Unicom, 6/23/18

Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) recently said that Robin Li, CEO of Chinese internet conglomerate Baidu (Nasdaq: BIDU), has resigned from his positions as China Unicom board director and member of the China Unicom development strategy committee. Read More

51job Denies Claims of User Database Being Compromised by Hackers

The Paper, 6/15/18

Hackers are openly selling user data from online recruitment platform 51job.com (Nasdaq: JOBS) on the dark web with sample data containing email addresses, passwords, real name, ID number, and telephone number, reports Dongfang Press's The Paper. Read More

Ofo Senior Vice President Nan Nan Resigns

Sohu.com, 6/07/18

Nan Nan, a senior vice president at Beijing-based Bikelock Technology, operator of mobile bicycle-sharing app Ofo, recently announced his resignation from the company. Read More