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JD Logistics to Acquire Deppon Logistics

JD.com, 3/13/22

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that JD Logistics, Inc. (2618.HK), a consolidated subsidiary of JD.com, through its indirectly wholly-owned subsidiary, has entered into a series of agreements in relation to the proposed acquisition of Deppon Logistics (603056.SH). 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

Cross-border E-commerce Platform Seabuy Wins RMB 100 Mln Series A

36Kr.com, 9/21/18

Ningbo-based Jingbei E-commerce, operator of cross-border e-commerce platform Seabuy.com, recently announced that it has secured RMB 100 mln in Series A funding led by online shopping rebate platform Taofen8.com with participation from Santuo Investment Management and the Ningbo Municipal Government Angel Guidance Fund. Read More

Offline Stores to Adopt JD Daojia's Self-service Cashier System

Pintu, 7/19/18

Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) O2O local life services app JD Daojia recently announced that its self-service checkout system "Qingsong Gou" (literally "Easy Buy") will be supported by more than 100 partnering retailers including Lvdi Jing Xuan, Fuban, and Xianfeng Shuiguo, covering more than 2,000 offline stores in 30 cities including Beijing, Shanghai, Shenzhen, Shijiazhuang, Yangzhou, Fujian, and Ningbo. Read More

Ant Financial Invests RMB 1.9 Bln to Increase Stake in Hellobike to 36.7%

Youon, 6/01/18

Changzhou-based public bicycle system operator Youon Public Bicycle System, which, via subsidiary Youon Low Carbon Technology, operates mobile bike share apps Youon and Hellobike, disclosed today that Alibaba Group (NYSE: BABA) financial services affiliate Ant Financial and other investors apart from Youon Public Bicycle have made a capital increase of RMB 2.06 bln in Youon Low Carbon. 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

Sina to Sell 45% Stake in Gaming Subsidiary to Strategic Investors Whole Easy, Mijiao

Whole Easy, 12/12/17

Chinese online game virtual item trading platform operator and mobile game marketing and traffic distribution service provider Whole Easy Internet Technology (002464.SZ) (known as Key Ever Bright Decorative Technology prior to November this year) has announced that it signed an investment and strategic partnership framework agreement with the mainland China operating entity of Sina's (Nasdaq: SINA) microblogging platform Weibo (Nasdaq: WB) in the online gaming, advertising, and entertainment industry domains. Read More

Mobile and Browser Game Developer Shinezone Wins RMB 400 Mln Series B

Lieyunwang, 2/16/17

Shanghai-based mobile and browser game developer and publisher Shinezone Network recently announced completion of RMB 400 mln Series B funding from China Fortune Securities, Bank of Ningbo, Shanshan Venture Capital, Jiuyou Fund, Nord Engine Asset Management Group, and Hi-Tech Venture Capital Group (HTVC). Read More

NetEase's Kaola Launches Cross-border Logistics Cloud System

Ebrun, 8/11/16

Kaola.com, the cross-border e-commerce platform operated by Chinese internet company NetEase (Nasdaq: NTES), recently launched a new cross-border logistics cloud platform called "Netease Kaola Logistics Cloud." Read More

Tmall Introduces Imported Product Flash Sales Platform

Sina Tech, 7/09/14

Tmall International (Tmall.hk), the international products site of Alibaba Group's B2C e-commerce site Tmall, has announced the launch of a "Worldwide Flash Sales" platform, featuring "flash sales" and "overseas products" channels. Read More