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JD.com Invests RMB 1 bln to Incentivize Video Content Creation
JD.com, 4/11/24
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced yesterday an investment of RMB 1 bln in cash incentives aimed at attracting a wider pool of video content creators and institutions to its platform. Read More
Alibaba's 'Cainiao' Logistics Arm Submits IPO Prospectus to HKSE
Marbridge Consulting, 9/26/23
Cainiao Smart Logistics Network Limited, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), submitted an IPO prospectus to the Hong Kong Stock Exchange today. Read More
Alibaba's Cainiao to Roll Out 5-Day Delivery Service Globally
Alibaba Group, 6/28/23
Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), pledged today to deliver cross-border parcels within five working days, which it said would be 30% faster than the industry standard. Read More
JD Property, Harvest Fund's REIT Lists on Shanghai Stock Exchange
JD.com, 2/08/23
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that Harvest Jingdong Warehouse Logistics Close-end Infrastructure Fund (508098.SH), a real estate investment trust (REIT) operated and managed by JD.com subsidiary JD Property, officially listed on the Shanghai Stock Exchange on February 8. Read More
China's MIIT Releases Preliminary 2022 Telecom Industry Statistics
MIIT, 1/19/23
Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More
China's Number of Value-added Telecom Service Enterprises Nears 141,900
CAICT, 1/10/23
As of the end of December 2022, China's total number of enterprises holding a value-added telecommunications service license reached 141,880, up 0.27% month-on-month and 19.94% year-on-year, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Bilibili Announces Primary Listing on HKSE
Bilibili, 10/02/22
Chinese bullet-screen video platform and video game operator Bilibili (Nasdaq: BILI; 9626.HK) announced that the company's voluntary conversion of its secondary listing status to primary listing on the Main Board of Hong Kong Stock Exchange became effective today. Read More
JD Logistics to Acquire Deppon Logistics
JD.com, 3/13/22
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that JD Logistics, Inc. (2618.HK), a consolidated subsidiary of JD.com, through its indirectly wholly-owned subsidiary, has entered into a series of agreements in relation to the proposed acquisition of Deppon Logistics (603056.SH). Read More
Tencent Trims Stake in Shopee-owner Sea to 18.7%
Reuters, 1/05/22
Chinese gaming and social media company Tencent Holdings (0700.HK) has raised USD 3 bln by selling 14.5 mln shares at USD 208 each in Sea Limited, which owns e-commerce firm Shopee, according to a term sheet seen by Reuters today. Read More
Tencent Completes Acquisition of Search Engine Operator Sogou
Sogou, 9/23/21
Chinese online search engine operator Sogou (NYSE: SOGO) today announced the completion of its acquisition and privatization by internet conglomerate Tencent (0700.HK). Read More
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