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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
JD.com Plans Spin-Off and Separate Listing of JD Health
JD.com, 9/27/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that it intends to spin-off subsidiary JD Health by way of a separate listing of the JD Health Shares on the Main Board of the Hong Kong Stock Exchange. Read More
SME Group Health Insurance Solutions Provider StartupCare Appoints New CEO
CareVoice, 7/07/20
Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. Read More
We Doctor to Spin Off Healthcare Management and Cloud Businesses for IPOs This Year
Tencent Finance, 5/15/18
Online and mobile healthcare solutions developer We Doctor Group will spin off its main businesses in 2018 for public listings, according to CEO Liao Jieyuan. Read More
Tencent Joins RMB 4 Bln Round in Long-term Apartment Leasing Service Ziroom
The Paper, 1/16/18
Beijing-based Ziroom Shenghuo Asset Management, operator of online O2O long-term apartment leasing service Ziroom.com, recently announced completion of RMB 4 bln in Series A funding led by Warburg Pincus, Sequoia Capital China, and Chinese internet and mobile services firm Tencent (0700.HK). Read More
Co-working and Business Consulting Service Kr Space Raises RMB 600 Mln Pre-B Funding
Kr Space, 1/11/18
Beijing-based Kr Space Information Technology, operator of co-working space and business consulting services platform Kr Space, recently announced completion of RMB 600 mln in pre-Series B funding. Read More
Tencent Invests in Animation Production Firm Tuzi Culture's Series A Round
Lieyunwang, 9/01/17
Beijing-based animation content production firm Tuzi Culture has completed RMB 8-digit Series A funding from Chinese internet and mobile services firm Tencent (0700.HK). Read More
Rumor: JD.com to Spin Out Financial Services Affiliate 'JD Finance'
Yicai, 2/26/17
Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) online financing and retail investment platform JD Finance will be spun off from JD.com in a privatization transaction valuing it at RMB 50 bln, reports Chinese online media outlet Yicai citing multiple sources familiar with the matter. Read More
New Culture Media to Decrease Investment in Baidu Video Spin-off
New Culture Media, 11/03/16
Shanghai-based film and TV content production company New Culture Media Group (300336.SZ) has announced that it will reduce its originally planned investment in Xiaodu Huyu Technology, the firm spun off from Chinese internet company Baidu (Nasdaq: BIDU) to operate online video platform Baidu Video. Read More
Zeus Entertainment Halts Plan to Invest in Baidu Video
Zeus Entertainment, 9/19/16
Dalian-based browser game and mobile game developer Zeus Entertainment (002354.SZ) recently announced that it has abandoned plans to invest in Xiaodu Huyu Technology, operator of online video platform Baidu Video, which was recently spun out from Chinese internet company Baidu (Nasdaq: BIDU). Read More
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