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JD.com Opens "E-Space" in Chongqing, Its Largest Offline Store to Date
JD.com, 11/07/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) announced today, as part of its vision for a boundaryless retail experience, that it will open "JD E-Space," a custom-built, 50,000-square-meter shopping destination in Chongqing. 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
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
Smart Customer Service System Developer Kavenir Lands RMB 8-digit Series A
iYiou.com, 9/27/18
Suzhou-based smart customer service system developer Yinengtong Information Technology (Kavenir) recently completed RMB 8-digit Series A funding. Read More
HCI Solutions Firm InfoQuick SinoVoice Wins RMB 9-digit Strategic Investment
PE Daily, 9/25/18
Beijing-based human-computer interactive (HCI) technology firm InfoQuick SinoVoice recently completed a new RMB 9-digit round of funding led by Shenzhen Capital Group with participation from Septwolves Jieneng Huanbao Industry Venture Capital. Read More
Watermelon Video to Invest RMB 4 Bln to Create Self-developed Variety Show Platform
DoNews, 8/02/18
Beijing-based Bytedance Technology, operator of short video platform Xigua Shipin ("Watermelon Video"), has announced plans to invest RMB 4 bln over the next year to develop its own variety show platform. Read More
Live Streaming App Inke Plans Hong Kong IPO as Early as This Week
TechWeb, 6/25/18
In response to Hong Kong media reports, Inke Limited, operator of Chinese mobile interactive video app Inke, has confirmed it was approved to list in Hong Kong on June 22, and intends to initiate the IPO as soon as this week. Read More
Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses
Happigo, 6/22/18
TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
Semantic Interaction Solutions Provider Qiwu Completes RMB 50 Mln Series A
36Kr.com, 6/06/18
Shenzhen-based Renma Interactive Technology, operator of semantic interaction solutions brand Qiwu, recently announced completion of RMB 50 mln in Series A funding led by Shanghai-based Beiyue Industry with participation by an investment fund managed by Lihe Zaiwu Venture Capital (Leaguer VC), game developer Boyaa Interactive (0434.HK), Youmi Mobile Technology (834156.NEEQ), Zhongtong Capital, and individual investors Dai Zhikang and Xu Shandan. Read More
AI Interactive Systems Developer Trio.ai Completes RMB 110 Mln Series B
PE Daily, 5/15/18
Ma Yuchi, founder of Beijing-based artificial intelligence interactive systems developer Tricorn Technology (Trio.ai), recently announced that the company has completed RMB 110 mln in Series B funding from investors including Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW), Beijing-based Hanfor Capital Management, China Minsheng Investment, and Guangju Technology Ventures (Xiamen Torch Group). Read More
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