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Hangzhou Partners with Alibaba to Deploy Credit Score-focused Public Service Kiosks
Techweb, 9/07/17
The Hangzhou Urban Management Committee recently established over 50 "public credit service kiosks" in densely trafficked areas such as metro stations in order to strengthen the development of consumer credit systems. Read More
O2O Pharmacy App 'Dingdang' Announces New Retail Strategy
China.com.cn, 8/28/17
Beijing-based Dingdang Medicine Express Technology, operator of mobile pharmacy app Dingdang Medicine Express, recently announced a new medicine and healthcare retail strategy, which will see the company provide more smart services at its pharmacy. Read More
Enterprise Cloud Service Provider Huayun Raises RMB 500 Mln Series D+
Lieyunwang, 5/11/17
Wuxi-based enterprise cloud service provider Huayun Data Technology Services recently announced the completion of RMB 500 mln in Series D+ funding from Tongkong Investment Management, Haitong Leading Capital Management, and other investment organizations. Read More
China Tower Invests RMB 61 Bln in 2016 Base Station Construction
C114, 1/17/17
China Communications Facilities Services Corporation Limited ("China Tower"), a joint telecom base station management venture formed by China's three major telecom operators, invested RMB 61.1 bln in base station construction last year, according to a report by China Tower general manager Tong Jilu. Read More
Xiaomi to Launch Mobile Payment Service Mi Pay with Bank Card Support
Sohu IT, 8/30/16
Chinese Android device maker Xiaomi recently announced that it will hold a press conference on September 1 to launch its near-field communication (NFC) mobile payment system Mi Pay, developed in partnership with Chinese cross-bank transaction processor China UnionPay. Read More
Rumor: China Telecom to Launch Large Scale 4G Trials in 40 Cities
Sohu IT, 12/12/13
An industry source has revealed that China Telecom (NYSE: CHA; 0728.HK) has been authorized to begin large-scale 4G network trials in more than 40 cities across China, with initial coverage to be offered in high density locations such as central urban districts, scenic areas, and subway systems. Read More
Beijing Mobile Launches 4G MiFi Services
Sina Tech, 11/18/13
China Mobile's (NYSE: CHL; 0941.HK) Beijing subsidiary has announced the release of 4G MiFi wireless internet services in Beijing, beginning on November 20. Read More
Media Markt Responds to Rumor of Retreating from China
Netease Tech, 1/10/13
Following recent rumors that Media Markt - the consumer electronics retail joint venture between Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW) and German wholesale retailer Metro Group - would pull out of the China market, the company issued a statement on January 9 saying that its shareholders are "currently analyzing the data gathered during the market trial stage of operations and evaluating strategies for the company's next move. Read More
Masa Maso to Cut Ad Spend 50% in 2012
Ebrun.com, 3/02/12
Mei Shan, VP of brand promotions for Chinese online men's fashion retailer Masa Maso, revealed today that Masa Maso will focus on increasing repeat business this year, slashing ad budgets by 50% and shifting its focus to search engine advertising. Read More
2011 Chinese Traditional Ad Revenue Up 13%
Xinhuanet, 2/14/12
According to Chinese ad spend figures released by CCTV market research subsidiary CTR, China's traditional advertising market (comprising television, print, radio, and outdoor media) grew by 13% YoY in 2011, the same rate as in 2010. Read More
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