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JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion
JD.com, 6/19/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More
TPV to Delist from HKSE Tomorrow
TPV, 11/13/19
Hong Kong-based display and TV vendor TPV Technology (0903.HK), which is being taken private by CEIEC (H.K.) Limited, has announced in a stock exchange filing that it expects that the listing of TPV's shares on the Hong Kong Stock Exchange will be withdrawn with effect from 4:00 p.m. Read More
China's H1 2019 Internet User Base Reaches 854 Mln
CNNIC, 8/30/19
China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More
Baidu Posts Q1 2019 Net Loss of RMB 327 Mln
Baidu, 5/16/19
Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More
China's H2 2018 Internet User Base Reaches 829 Mln
CNNIC, 2/28/19
China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More
Baidu-backed Projector TV Maker XGimi Wins RMB 600 Mln in New Funding
Lieyunwang, 3/12/18
Chengdu-based projector TV manufacturer XGimi Technology has won more than RMB 600 mln in joint funding from Chinese internet conglomerate Baidu (Nasdaq: BIDU), Matrix Partners China, Sichuan Culture Industry Equity Investment Fund, Sailing Capital, Bojiang Capital, Pan-Lin Asset Management (Panlin Capital), Luxin Venture Capital Group (600783.SH), and Jirui Capital. Read More
Baidu Ventures Leads Series C Investment in Projector TV Maker XGimi
36kr.com, 11/20/17
Chengdu-based projector TV manufacturer XGimi Technology recently completed Series C funding led by Chinese internet company Baidu's (Nasdaq: BIDU) investment arm Baidu Ventures. Read More
China's H1 2017 Internet User Base Reaches 751 Mln
CNNIC, 8/04/17
China's internet user base reached 751 mln in H1 2017, up 19.92 mln from the end of 2016, among which the mobile internet user base was 724 mln, up 28.30 mln from the end of 2016, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2017 State of the Chinese Internet Report. Read More
Tencent Launches AI Voice Assistant 'Dingdang'
IT Home, 4/25/17
Chinese internet and mobile services firm Tencent (0700.HK) recently announced the launch of an artificial intelligence (AI) voice assistant, "Tencent Dingdang," with capabilities similar to e-commerce giant Amazon's AI assistant Alexa. Read More
Rumor: Tencent Buys Controlling Stake in Online Music Firm China Music Corp
Jiemian.com, 7/14/16
Chinese internet and mobile services firm Tencent (0700.HK) has signed an agreement to acquire a controlling stake in online music provider and digital music copyright redistributor China Music Corporation (Haiyang Music Group) in a cash and asset-injection deal, according to a source familiar with the matter. Read More
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