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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020
CAICT, 1/07/21
As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Down 4.2% QoQ in Q1 2020
CAICT, 4/30/20
Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019
CAICT, 1/14/20
Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Market Cap of China's Listed Internet Firms Up 0.5% QoQ in Q3 2019
CAICT, 10/15/19
The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Online and Mobile Visa Service Platform 666Visa.cn Secures RMB 60 Mln Series B
Travel Daily, 9/20/18
Shenzhen-based Liuliuliu International Travel Agency, operator of online and mobile visa service platform Shangshangqian (666Visa), has won RMB 60 mln in Series B funding led by Bohuiyuan Venture Capital with participation from dozens of investors, including Origins Capital. Read More
Today's Headlines Launches Applet Function
Techweb, 9/18/18
Online and mobile news portal platform Today's Headlines, operated by Beijing-based Bytedance Technology, recently announced a new in-app applets function, following the release of applet functions by other platforms such as Tencent's (0700.HK) WeChat mobile messaging app, Alibaba's (NYSE: BABA) third-party payment platform Alipay, and search giant Baidu (Nasdaq: BIDU). Read More
Tencent, Carlyle, Sequoia Lead USD 450 Mln Series E in O2O Car Maintenance Firm Tuhu
Tencent Tech, 9/15/18
Shanghai-based Lantu Information Technology, operator of online and mobile B2C car maintenance service and e-commerce platform Tuhu Yangche, recently announced the completion of approximately USD 450 mln in new funding jointly led by Chinese internet conglomerate Tencent (0700.HK), Carlyle Group, and Sequoia Capital. Read More
Bytedance to Establish R&D Center and AI Research Institute in Nanjing
Sina Tech, 9/10/18
Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, recently announced that it will establish a research center in Nanjing. Read More
Used Car Trading Site Souche Secures USD 578 Mln Series F
36Kr.com, 9/03/18
The CEO at Beijing-based Souche Holdings, which operates C2C used car trading platform Souche.com, recently sent an internal email revealing that the company has completed USD 578 mln in new funding led by Primavera Capital Group and Morningside Ventures with participation by Chinese internet conglomerate Alibaba (NYSE: BABA), Beijing-based Dreamfly Capital Management, Lingfeng Capital, Shenzhen-based Palading Equity Investment, ClearVue Partners, Russia-China Investment Fund, Sunshine Insurance Group, and CreditEase. Read More
Smartisan's Messaging App 'Bullet Messaging' Wins RMB 150 Mln Series A
Tencent Tech, 8/28/18
Beijing-based smartphone developer Chuizi Technology (Smartisan)'s messaging app, Zidan Duanxin (literally "Bullet Messaging"), operated by Kuairu Technology, has completed RMB 150 mln in first round funding within seven days of its launch, according to Smartisan CEO Luo Yonghao on his Weibo microblogging account. Read More
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