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JD.com Announces '35711 Vision' for the Next Twenty Years

JD.com, 6/18/23

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) celebrated its 20th anniversary on June 18 by announcing ambitious goals for the future. Read More

Rent Installment Platform 58 Fangdai Completes Series D Financing

iYiou, 1/19/17

Nanjing-based Banghang Investment Management, operator of mobile rent installment payment platform 58 Fangdai, has reportedly completed USD 8-digit Series D funding. Read More

JD.com to Shutter C2C E-commerce Platform Paipai by Year-end

JD.com, 11/10/15

Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD) announced today through its official account on Tencent's WeChat mobile messaging app that its C2C e-commerce platform Paipai.com will cease taking new orders from December 31, 2015, and will be officially shut down by April 1, 2016. Read More

LeTV to Raise RMB 7.5 Bln through Private Placement

LeTV, 5/26/15

Chinese online video and internet TV content provider LeTV (Leshi) (300104.SZ) has announced a plan to raise up to RMB 7.509 bln through a private offering of additional shares to no more than five designated investors. Read More

Fresh Food Delivery Site Dmall Secures USD 100 Mln Angel Funding

Beijing Business Today, 4/30/15

Shenzhen-based fresh food delivery site Dmall, which was founded by the former chairman of Chinese telecom equipment and terminal manufacturer Huawei Technologies' Honor smartphone brand Jeff Liu, has won USD 100 mln angel funding from IDG Capital. Read More

Alibaba Announces New Handsets, Rebranded OS

Sina Tech, 4/15/13

Chinese e-commerce conglomerate Alibaba Group has announced that the company has changed the Chinese name of its Aliyun OS mobile operating system from "Aliyun OS" to "Ali Mobile OS" (unofficial translation). Read More

Rumor: Baidu to Establish Online Literature Site

Sohu IT, 4/11/13

Chinese internet company Baidu (Nasdaq: BIDU) is reportedly seeking to hire editors departing online literature site Qidian, a subsidiary of Shanda Interactive's online literature arm Shanda Cloudary, and is attempting to lure away Qidian authors with higher offers as part of a plan to set up its own online literature site. Read More

Sogou Adds Search Recommendation Engine to IME

36Kr, 3/05/13

Chinese internet firm Sohu's (Nasdaq: SOHU) online search subsidiary Sogou recently released version 2.0 of its Chinese Pinyin "smart" input method editor (IME) featuring a new search result function called "Xin You Ling Xi," which will provide links or search results based on cues entered by the user. Read More

Haier Terminates Partnership with 360Buy

ChinaVenture, 8/15/12

Song Bao, general manager of Chinese consumer electronics manufacturer Haier's e-commerce division, today said that the company has terminated its partnership with Beijing-based B2C e-commerce platform 360Buy due to its excessively low prices. Read More

360Buy to Maintain Zero Gross Profit on 3C for 3 Years

Sina Tech, 8/14/12

Liu Qiangdong, CEO of Beijing-based B2C e-commerce platform 360Buy, today announced on his personal microblog that 360Buy will implement a zero gross profit margin policy for its consumer electronics and home appliances business over the next three years. Read More