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Alibaba's Freshippo Grocery Chain Opens 12 More Stores
Sohu, 6/30/23
Freshippo, the high-tech grocery chain of Chinese internet giant Alibaba Group (NYSE: BABA; 9988.HK), announced today it has opened 12 more stores in eight cities across mainland China, including Beijing, Shanghai, and Guangzhou. Read More
Danish Pump Brand Grundfos Launches Flagship Store on JD Industrial
JD.com, 2/09/23
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that subsidiary JD Industrial Supply launched the flagship store of Danish water pump manufacturer Grundfos on January 30. Read More
China's MIIT Releases Preliminary 2022 Telecom Industry Statistics
MIIT, 1/19/23
Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More
JD Logistics Airlines Launches Shenzhen-Hangzhou Route
JD.com, 11/22/22
JD Logistics (2618.HK), the logistics arm of Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK), announced today that the company's airlines affiliate, JD Logistics Airlines (formerly known as JD Airlines), has launched a self-owned all-cargo route between Shenzhen, Guangdong province and Hangzhou, Zhejiang province. Read More
JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion
JD.com, 6/19/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More
JD.com's JoyBuy Starts Trial Operations of Korean-language Version
JD.com, 3/31/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD) has announced that Joybuy.com, its outbound B2C e-commerce site, began trial operations of a Korean-language version of the platform on March 23. Read More
JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale
JD.com, 11/12/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More
China's Domestic Smartwatch Phone Market Sees 17 Mln Shipments in Q1-Q3 2019
CAICT, 11/04/19
During the first three quarters of 2019, total smartwatch phone shipments in China reached approximately 17.4 mln units, according to new figures released by the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). 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
UTStarcom, China Mobile Jointly Launch 5G-powered Smart Commercial Refrigerator
UTStarcom, 5/10/19
Chinese telecommunications infrastructure provider UTStarcom (Nasdaq: UTSI) today announced that the company launched the goBox, its first 5G-powered smart commercial refrigerator. Read More
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