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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
Rumor: Chinese Ministry Orders Take-down of All Online Poker Games by June 1
Eastday.com, 4/19/18
China's Ministry of Culture and Tourism is reportedly preparing to launch new regulations on online card games and has required all PC client and mobile app platforms to immediately cease offering downloads of poker games. Read More
Chinese Authorities Order Android App Stores to Suspend Downloads of Top News Apps
Beijing Daily, 4/09/18
Chinese authorities have ordered domestic app stores to suspend download services for four news apps - Today's Headlines (Bytedance), Phoenix News (Phoenix New Media), NetEase News, and Tiantian Kuaibao (Tencent) - by 3pm today, according to feedback from several app store vendors. Read More
Meituan-Dianping, Chinese Government Ally on Credit Information Sharing
China Securities Journal, 3/07/18
Chinese online ratings, group buy, and food O2O business Meituan-Dianping and China's National Development and Reform Commission (NDRC) and State Information Center (SIC) recently signed a credit information sharing partnership agreement, according to which the parties will use the NDRC-managed "Credit China" website to share credit-related information resources and accelerate the introduction of coordinated rewards and disincentives in the finance domain. Read More
Wuzhen Internet Hospital to Install 1 Mln Healthcare Terminals in China
36Kr.com, 3/03/16
Wuzhen Internet Hospital, an online and mobile medical consultation platform jointly established by the municipal governments of Tongxiang and Wuzhen (both in Zhejiang Province) and We Doctor Group, has announced plans to establish 1 mln Wuzhen Internet Hospital remote internet-connected full-service healthcare terminals at pharmacies and community health centers across China. Read More
Online Education Portal Juesheng Wins RMB 200 Mln Series C
Tencent Tech, 12/18/15
Juesheng Education Technology, a Chinese provider of education services and operator of an online education portal, has completed Series C funding worth more than RMB 200 mln in a round including participation from Tangel Publishing (300148.SZ), IT training institute Tarena International (Nasdaq: TEDU), and several executives from Baidu (Nasdaq: BIDU), Alibaba Group (NYSE: BABA), and Tencent (0700.HK). Read More
China's Jan-Oct 2015 Online Retail GMV Up 43% YoY
NBSC, 11/11/15
China's gross merchandise volume (GMV) of online retail products and services reached RMB 2.948 trln for the ten months ended October 31, up 43.1% YoY, according to newly released figures from China's National Bureau of Statistics. Read More
China's Jan-Aug 2015 Online Retail GMV Up 37% YoY
NBSC, 9/13/15
China's gross merchandise volume (GMV) of online retail products and services reached RMB 2.240 trln for the eight months ended August 30, up 36.5% YoY, according to newly released figures from China's National Bureau of Statistics. Read More
Hunan TV & Broadcast to Acquire 51% Stake in Mobile Internet Firm 'Jiuzhi Tianxia'
Hunan TV & Broadcast, 6/12/15
Hunan TV & Broadcast Intermediary (000917.SZ) has announced it will acquire a 51% stake in Shenzhen-based mobile internet firm Jiuzhi Tianxia Technology. Read More
Mobile Maternity Healthcare App 'Angel Doctor' Wins RMB 80 Mln Series A
Cyzone.cn, 5/10/15
Shenzhen-based Jumper Medical Equipment, developer of mobile maternity healthcare app Tianshi Yisheng (literally "Angel Doctor"), recently announced that it has won RMB 80 mln series A funding from Shenzhen-based Qianhai Daying Capital Management. Read More
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