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JD.com Upgrades and Rebrands JD Finance to JD Digits
JD.com, 11/20/18
Chinese B2C e-commerce and online finance giant JD.com (Nasdaq: JD) today announced a major upgrade and rebranding of its JD Finance business to JD Digits (formally Beijing Jingdong Digital Technology Co., Ltd.) The newly restructured unit will work towards integrating advanced digital technologies across not only fintech, but also four other sectors including urban computing, agriculture, campus services and digital marketing. Read More
Didi Chuxing Pilots In-vehicle Video Monitoring System
Iyiou.com, 7/25/18
Chinese taxi booking and car hire service app Didi Chuxing has been testing out in-vehicle recording equipment in a small number of vehicles operating through its Didi Express and Didi Premier channels, to help resolve disputes between drivers and passengers, and to support rescue operations in case of emergency, confirmed a Didi Chuxing employee speaking with online media outlet Iyiou.com. Read More
Seniors' Healthcare Smartphone and Solutions Firm Halove Wins RMB 210 Mln Series A
36kr.com, 11/13/17
Hangzhou-based senior-citizens-focused smartphone developer Halove Technology recently announced completion of RMB 210 mln in Series A funding from investors including online and mobile healthcare solutions provider We Doctor Group and several private capital investors. Read More
China Securities Regulator Halts Fund-trading via Applets
TMTpost, 1/14/17
The China Securities Regulatory Commission (CSRC) has issued an emergency notice requiring all fund companies to temporarily cease trading functions offered through in-app "applets." Read More
China Legalizes Online Car Booking Services
36Kr.com, 7/28/16
China's Ministry of Transport (MOT) and six other government ministries have jointly published the "Preliminary Rules on the Management of Online Car Booking," which effectively legalizes online car booking services. Read More
CNCERT: China's 2015 Mobile Internet User Base Reaches 780 Mln
China News, 5/18/16
China's total number of active mobile Internet users reached 780 mln, or 56.8% of China's population, in 2015, according to a new report from the China Internet Society and the National Computer Network Emergency Response Technical Team (CNCERT). Read More
China Telecom, Unicom Partner to Improve Operations
NetEase Tech, 1/13/16
China Telecom (NYSE: CHA; 0728.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) have launched a partnership plan to share resources in order to improve customer service. Read More
China Issues Mobile Car Hire Service Regulations
Ministry of Transport, 10/10/15
China's Ministry of Transportation (MOT) today released regulations for operating online and mobile car hire services which will be implemented beginning November 9 this year. Read More
Tencent Leads RMB 9-digit A+ Funding in O2O Logistics Platform 56QQ.com
Tencent Tech, 8/24/15
Guiyang-based Huochebang Technology, operator of online and mobile O2O logistics platform 56QQ.com (also 56QQ.cn), recently announced that it has completed RMB 9-digit Series A+ funding, led by Chinese Internet and mobile services firm Tencent (0700.HK), with participation from Eastern Bell Venture Capital, Beijing-based private equity fund Hillhouse Capital Management, and Doll Capital Management (DCM). Read More
PBoC Suspends Alipay, Tencent Online Credit Cards
21st Century Business Herald, 3/14/14
A source at the People's Bank of China (PBoC), China's central bank, has confirmed that the PBoC issued urgent letters to its Hangzhou and Shenzhen branch banks on the afternoon of March 13, requiring the suspension of online credit card products recently released by Chinese third-party payment processor Alipay and internet and mobile services firm Tencent (0700.HK). Read More
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