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JD.com Logistics Launches China-U.S. Cargo Charter Flight
JD.com, 6/08/21
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) launched its first cargo flight between China and the U.S. on June 7, following the launch of its China-Thailand charter flight on May 28. Read More
China Unicom, China Telecom to Co-Build Shared Nationwide 5G Access Network
China Unicom, 9/09/19
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), each of which holds a roughly 20% share of China's approximately 1.6 bln mobile subscriber base, today jointly announced that the two network operators will co-build and co-share a single, nationwide 5G access network. Read More
China Issues 5G Commercial Operations Licenses
MIIT, 6/06/19
China's Ministry of Industry and Information Technology (MIIT) announced today that it has issued 5G mobile communications commercial operating licenses to four companies, including the parent companies of China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH), and China Telecom (NYSE: CHA; 0728.HK), as well as to national cable TV network operator China Broadcasting Network Corporation. Read More
Data Security Management Solutions Provider Meichuang Wins RMB 9-digit Funding
PE Daily, 9/21/18
Hangzhou-based data security management solutions provider Meichuang Technology recently announced the completion of new RMB 9-digit funding led by China Elite Capital with participation from Puhua Capital, Oriental Fortune Capital, and Leo DM. Read More
Bytedance to Establish R&D Center and AI Research Institute in Nanjing
Sina Tech, 9/10/18
Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, recently announced that it will establish a research center in Nanjing. Read More
Galaxy eSolutions Invests in O2O Smartphone Maintenance Platform 'Accelerate'
Cyzone, 7/17/18
Guangzhou-based Xiuke Information Technology, operator of O2O smartphone maintenance platform Jiasudu ("Accelerate"), recently announced the completion of RMB 8-digit Series A funding from Hong Kong-based cross-border e-commerce company Galaxy eSolutions. Read More
Online Long-term Apartment Rental Platform Danke Gongyu Wins USD 70 Mln Series B+
Sohu.com, 6/06/18
Beijing-based Zi Wutong Asset Management, operator of online and mobile long-term apartment rental platform Danke Gongyu (Eggshell Apartment), announced today the completion of USD 70 mln in Series B+ funding led by Tiger Global Management with full participation from Series B investors China Media Capital, Gaorong Capital (formerly Banyan Capital), Joy Capital, Youjin Capital, Vision Plus Capital, and Bertelsmann Asia Investments. Read More
Rumor: Didi Chuxing to Launch Takeout Delivery Service in 9 Cities
Caijing, 3/06/18
Chinese taxi booking and car hire service app Didi Chuxing will reportedly launch a new takeout delivery service called Didi Waimai (Didi Takeout Delivery) in nine cities including Wuxi, Nanjing, Changsha, Fujian, Jinan, Ningbo, Wenzhou, Chengdu, and Xiamen, according to online media outlet Caijing. Read More
Tencent Joins RMB 4 Bln Round in Long-term Apartment Leasing Service Ziroom
The Paper, 1/16/18
Beijing-based Ziroom Shenghuo Asset Management, operator of online O2O long-term apartment leasing service Ziroom.com, recently announced completion of RMB 4 bln in Series A funding led by Warburg Pincus, Sequoia Capital China, and Chinese internet and mobile services firm Tencent (0700.HK). Read More
Co-working and Business Consulting Service Kr Space Raises RMB 600 Mln Pre-B Funding
Kr Space, 1/11/18
Beijing-based Kr Space Information Technology, operator of co-working space and business consulting services platform Kr Space, recently announced completion of RMB 600 mln in pre-Series B funding. Read More
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