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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020
CAICT, 1/07/21
As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Down 4.2% QoQ in Q1 2020
CAICT, 4/30/20
Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019
CAICT, 1/14/20
Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 0.5% QoQ in Q3 2019
CAICT, 10/15/19
The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
B2B Wine E-commerce Platform 'E Jiupi' Wins USD 200 Mln Series D
36Kr.com, 9/20/18
Beijing-based Yi Jiupi E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced the completion of USD 200 mln in Series D funding at a valuation of USD 1.1 bln, making it China's latest entry to the internet unicorn club. Read More
Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong
36Kr.com, 6/15/18
Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More
Rumor: Meituan-Dianping in Talks with Convenience Stores on Partnership, Investment
Tencent Finance, 3/12/18
Chinese online ratings, group buy, and food O2O business Meituan-Dianping's "big retail" business group, formed in December 2017, is reportedly exploring investment and partnership opportunities with convenience store operators, according to online media outlet Tencent Finance. Read More
Meituan-Dianping, Chinese Government Ally on Credit Information Sharing
China Securities Journal, 3/07/18
Chinese online ratings, group buy, and food O2O business Meituan-Dianping and China's National Development and Reform Commission (NDRC) and State Information Center (SIC) recently signed a credit information sharing partnership agreement, according to which the parties will use the NDRC-managed "Credit China" website to share credit-related information resources and accelerate the introduction of coordinated rewards and disincentives in the finance domain. Read More
Meituan Travel's July 2017 Hotel Room Bookings Up 50% YoY
Chinanews.com, 8/07/17
Meituan Travel, the travel channel operated by Chinese online ratings, group buy, and food O2O business Meituan-Dianping, recently said that its hotel business recorded over 18 mln room reservations in July, an increase of 50% YoY, and that monthly hotel night bookings also reached 17 mln this past April. Read More
Meituan-Dianping to Set Up RMB 3 Bln Industry Fund
iHeima, 2/21/17
Wang Xing, CEO of Chinese online ratings, group buy, and food O2O business Meituan-Dianping, recently revealed that the company plans to set up a new RMB 3 bln Meituan-Dianping Industry Fund, which will be led by Chen Shaohui, a senior vice president at Meituan-Dianping. Read More
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