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Highway Rest Stop Food Delivery Platform 'Gourmet Express' Solicits Angel Funding

Pencil News, 2/27/18

Beijing-based Gaodian Technology, operator of mobile food delivery platform for expressway service areas Meiwei Gaosu (literally "Gourmet Express"), has revealed that it received RMB 2 mln in seed funding in January 2017, and is now seeking angel funding. Read More

China UnionPay, 20 Banks Launch Virtual Payment Card 'Cloud QuickPass'

Tencent Tech, 12/14/15

Chinese banking network China UnionPay recently announced that it will ally with over 20 merchant banks to launch a virtual payment card called Cloud QuickPass. Read More

Alipay App Opens Public Accounts Platform

Ebrun, 9/18/13

Chinese third-party payment processor Alipay's "Alipay Wallet" ("Alipay Qianbao") mobile app has released a public accounts platform, at present only available in the updated Android version of the app. Read More

McDonald's Denies Partnering with Gaopeng

Beijing Times, 11/12/11

McDonald's has issued a statement declaring that the fast food chain has not partnered with any group buy sites, and that any group buy deals for McDonald's set meals are not genuine. Read More

Manzuo Wins USD 50 Mln in Second-Round Funding

Tencent Tech, 6/28/11

Chinese group-buying website Manzuo announced today that it had received over USD 50 mln in second-round funding from Kleiner Perkins Caufield & Byers (KPCB) and JP Morgan. Read More

LBS Mobile Ad Platform Vpon Obtains USD 7 Mln Funding

Cyzone.cn, 6/23/11

Lin Jiali, marketing director of Shanghai-based LBS mobile advertising platform Vpon, recently revealed that the company has obtained USD 7 mln in funding. Read More

Kingdee Invests RMB 30 Mln to Acquire Eatsun Technology

Kingdee.com, 12/08/10

On November 23, Chinese enterprise management software developer Kingdee International Software Group (0268.HK) earmarked RMB 30 mln to acquire Zhongshan Eatsun Network Technology, a restaurant and leisure industry software company based in Guangdong province. Read More