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Alibaba's Cainiao to Roll Out 5-Day Delivery Service Globally
Alibaba Group, 6/28/23
Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), pledged today to deliver cross-border parcels within five working days, which it said would be 30% faster than the industry standard. Read More
Electric Car Maker CHJ Automotive Wins RMB 3 Bln Series B
36Kr.com, 3/22/18
Beijing-based automobile startup CHJ Information Technology (CHJ Automotive) has announced the recent completion of RMB 3.0 bln in Series B funding from Matrix Partners China and a new energy fund in Shougang Fund's portfolio. Read More
Alibaba to Invest in Hotel, Retail, and E-commerce Conglomerate Oriental Group
Oriental Group, 10/23/17
Zhejiang-based hotel chain, supermarket chain, food processing and e-commerce operator Oriental Group (833374.NEEQ) recently announced plans to raise RMB 141 mln by issuing 27.53 mln shares priced at RMB 5.14 per share to investors including Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and Zhejiang-based luxury goods e-commerce business Yintai E-Commerce. Read More
Credit Card Management App 'U51.com' Wins USD 84 Mln Series C+
Sina Tech, 10/26/16
Hangzhou-based Enniu Network Technology, developer of credit card management app U51.com, has won USD 84 mln Series C+ funding from Harvest Fund Management and Chinese department store chain Intime Retail (1833.HK). Read More
Alibaba Unveils QR Code Strategy
iFeng Tech, 6/10/14
Chinese e-commerce conglomerate Alibaba Group today announced the official launch of the company's "Mashang Tao" business strategy and accompanying merchant QR code platform, designed to increase the integration of QR codes into Alibaba's family of e-commerce sites. Read More
JD.com's Paipai Waives Merchant Fees
DoNews, 6/03/14
In an effort to attract more online merchants to the site, Beijing-based B2C e-commerce platform JD.com's (Nasdaq: JD) C2C site Paipai.com has waived annual service fees and commissions for all qualified merchants that join the platform before August 1. Read More
Yintai CEO Resigns to Join Jingdong's Paipai
TechWeb, 5/26/14
Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD) has announced that Lin Chen has resigned from his position as CEO of Chinese luxury goods e-tailer Yintai.com to become a VP at JD.com's C2C site Paipai.com, which was recently injected into JD.com following Chinese internet firm Tencent's (0700.HK) investment in the company. Read More
Yintai, Parkson Join CNTV Online Mall
Ebrun.com, 7/02/13
Since April, China Central Television (CCTV)'s national online TV station CNTV has been amassing merchants on its newly launched online shopping platform. Read More
Alibaba Leads "China Smart Logistics Network" Initiative
Sina Tech, 1/24/13
Chinese e-commerce conglomerate Alibaba Group held a closed-door meeting with industry enterprises and capital and finance organizations on January 23. Read More
Yintai, Bank of China Offer Gold Bar Group Buy Deals
Sohu IT, 7/02/12
Chinese luxury goods e-tailer Yintai.com has partnered with the Bank of China to offer limited-time group buy deals on gold bars from today until July 11. Read More
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