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China Unicom, China Telecom to Co-Build Shared Nationwide 5G Access Network

China Unicom, 9/09/19

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), each of which holds a roughly 20% share of China's approximately 1.6 bln mobile subscriber base, today jointly announced that the two network operators will co-build and co-share a single, nationwide 5G access network. Read More

Q&A Site Zhihu's User Base Exceeds 200 Mln

Sina Tech, 9/20/18

Chinese online and mobile Q&A community Zhihu.com, operated by Beijing-based Zhizhe Tianxia Technology, exceeded 200 mln registered users at the end of August, revealed CEO Zhou Yuan at the 2018 China Cybersecurity Expo under way in Chengdu from September 17-21. 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

JD.com to Open 1,000 More '7Fresh' Offline Fresh Food Stores Over Next 3-5 Years

Sina Tech, 9/19/18

Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) premium offline food shopping brand, 7Fresh, recently announced its national store opening strategy for a fast expansion. Read More

Co-working Space MyDreamPlus Raises USD 120 Mln Series C Funding

iFeng, 8/13/18

Co-working space brand Mydream Plus (Mydream+) recently announced completion of USD 120 mln Series C funding led by Hillhouse Capital Management and General Atlantic with participation by prior-round investors Joy Capital, Ocean Link, M31 Capital, and China Renaissance K2 Ventures (K2VC). Read More

Galaxy eSolutions Invests in O2O Smartphone Maintenance Platform 'Accelerate'

Cyzone, 7/17/18

Guangzhou-based Xiuke Information Technology, operator of O2O smartphone maintenance platform Jiasudu ("Accelerate"), recently announced the completion of RMB 8-digit Series A funding from Hong Kong-based cross-border e-commerce company Galaxy eSolutions. Read More

Online Long-term Housing Rental Service Uoko Lands RMB 1 Bln Series C

36Kr.com, 5/10/18

Sichuan-based Uoko Investment Management, operator of online housing rental platform Uoko.com, recently announced completion of Series C1 funding from Shenzhen Capital Group, Greentown Service Group (2869.HK), Shenzhen-based Galaxy Real Estate Development, Legend Capital, Matrix Partners China, and SIG Asia Investment. Read More

Elevator LED Display Ad Network Operator Xinchao Media Wins RMB 2 Bln Investment

Ce.cn, 4/09/18

Chengdu-based Xinchao Media Group, developer of O2O life services app Xinchao Xiaoqu and operator of an LED ad network, has won a RMB 2 bln investment from Chengdu High-Tech Park Industry Guiding Fund. Read More

CCTV Expose Criticizes Today's Headlines for Illegal Medical Ads in Lower-tier Cities

TechWeb, 3/30/18

State broadcaster China Central Television recently aired an expose on a half hour economics program, accusing online and mobile news platform Today's Headlines of creating an advertising trap. Read More

Panda Breeding Center, China Mobile's Migu Ally on Panda-themed IP Operations

People's Posts and Telecommunications News, 3/29/18

Chengdu Giant Panda Breeding Research Base and telecom operator China Mobile's (NYSE: CHL; 0941.HK) new media subsidiary Migu Culture Technology recently announced plans to cooperate on panda-themed intellectual property operations. Read More