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Alibaba's Freshippo Grocery Chain Opens 12 More Stores

Sohu, 6/30/23

Freshippo, the high-tech grocery chain of Chinese internet giant Alibaba Group (NYSE: BABA; 9988.HK), announced today it has opened 12 more stores in eight cities across mainland China, including Beijing, Shanghai, and Guangzhou. Read More

JD.com Launches Second China-U.S. Cargo Charter Flight

JD.com, 8/11/21

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) launched a cargo flight between Shanghai and New York on August 6, the company's second China-US flight following the Nanjing-Los Angeles one commenced on June 7. Read More

Golden Bull Posts H1 2019 Net Loss of USD 6.5 Mln

Golden Bull, 1/30/20

Golden Bull (Nasdaq: DNJR), which formerly operated an online peer-to-peer (P2P) lending platform in China that provided borrowers access to short-term loans, today announced its financial results for the six months ended June 30, 2019. Read More

Zhongyin Cashmere Sued for Overselling Stakes in Shanda Games Privatization Deal

Zhongyin Cashmere, 12/21/15

Ningxia-based Zhongyin Cashmere (000982.SZ) has confirmed that it is being sued concerning its role in the privatization deal of Chinese online game operator Shanda Games and that RMB 10.01 mln in assets have been frozen pending resolution. Read More

JD.com, Tencent, Financial Institutions Ally on Internet Finance Security

CCID, 11/05/15

JD Finance, the financial services subsidiary of Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD), internet and mobile services firm Tencent (0700.HK), and a number of financial institutions have allied to establish the Online Financial Security Alliance, with the purpose of combining their risk management technology and strategies to maintain the security of the online finance industry. Read More

Rumor: Alibaba in Talks to Acquire PPTV

Tencent Tech, 6/03/13

According to a number of Chinese-language tech blogs, e-commerce conglomerate Alibaba Group has entered into discussions to acquire Chinese P2P streaming video platform PPLive (PPTV) as the latter's negotiations with internet firm Sohu (Nasdaq: SOHU) have stalled. Read More

China Mobile to Offer Free NFC SIM Card Upgrades

Sohu IT, 4/09/13

China Everbright Bank and China Mobile's (NYSE: CHL; 0941.HK) e-commerce subsidiary signed a strategic partnership agreement on April 8 for the operator's mobile wallet service. Read More

Ruichuang Pays Microsoft RMB 36 Mln Settlement

Sohu IT, 11/30/12

Shanghai-based software developer Ruichuang Network Technology's 2345.com website yesterday announced that it has reached a mediated settlement in Microsoft's IPR infringement suit, agreeing to issue a public apology and pay RMB 36 mln compensation. Read More

China Mobile to Drive NFC SIM Card Adoption

Sohu IT, 11/27/12

At China Mobile's (NYSE: CHL; 0941.HK) upcoming December 5 global developer meeting, the operator will announce that it will launch NFC-enabled SIM cards, and will work with major banks and enterprises to promote the cards through an open multi-application platform. Read More

China's Online Banks Lack Support for Chrome, Firefox

IT Times, 8/06/12

Users of Chinese internet company Sina's (Nasdaq: SINA) Weibo microblogging platform have recently been complaining that users of the Mozilla Firefox or Google Chrome browsers are unable to log into the Industrial and Commercial Bank of China's (ICBC) online banking system, which requires Microsoft Internet Explorer (IE) - and IE 6, rather than the more recent IE 9. Read More