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B2B Wine E-commerce Platform 'E Jiupi' Wins USD 200 Mln Series D

36Kr.com, 9/20/18

Beijing-based Yi Jiupi E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced the completion of USD 200 mln in Series D funding at a valuation of USD 1.1 bln, making it China's latest entry to the internet unicorn club. Read More

Alibaba Invests in Cloud and Big Data Service Provider 'Dt Dream'

CC Time, 6/08/17

Hangzhou-based cloud and big data service provider Shumeng Gongchang Technology (Dt Dream) has announced the completion of RMB 750 mln (USD 110 mln) in Series A funding, giving the company a post-money valuation of USD 1.0 bln. Read More

Mobile IoT Solutions Provider Terminus Secures USD 100 Mln Series A+

Yimingwang, 5/05/17

Beijing-based mobile internet of things (IoT) solutions provider Terminus Technologies has won USD 100 mln in Series A+ funding from undisclosed sources. Read More

Movie Ticket Booking Platform Weiying Times Wins RMB 3 Bln Series C+

Beijing Business Today, 4/27/16

Beijing-based online movie ticket booking platform operator Weiying Times Technology recently announced completion of RMB 3 bln Series C+ funding led by Dalian-based mobile game developer Zeus Entertainment (002354.SZ). Read More

JD Finance, Everbright Bank Release Multi-currency Credit Card

Xiancn.com, 3/28/16

JD Finance, the online financing and retail investment platform operated by Chinese B2C e-commerce platform JD.com (Nasdaq: JD), recently partnered with China Everbright Bank to launch a jointly branded credit card, a multi-currency card with no annual fees, called the Everbright Xiaobai Card. Read More

Online and Mobile Travel Company Travelzen Wins RMB 600 Mln Series C

i.wshang.com, 3/22/16

Shanghai-based business travel service platform operator Travelzen recently announced completion of RMB 600 mln Series C funding from investors including Jiangsu-based Addor Capital, United Capital, Jinpu Innovation Consumption, and Everbright Fortune. Read More

Kee Ever Bright Abandons Acquisition of Browser Game Developer 7Road

Kee Ever Bright, 11/18/15

Kunshan-based plastic and rubber manufacturer Kee Ever Bright Decorative Technology (002464.SZ) has officially announced the cancellation of its plans to acquire browser game developer and operator 7Road Technology, owned by Shanghai Yong Chong Investment Center LP. Read More

JD.com, Tencent, Financial Institutions Ally on Internet Finance Security

CCID, 11/05/15

JD Finance, the financial services subsidiary of Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD), internet and mobile services firm Tencent (0700.HK), and a number of financial institutions have allied to establish the Online Financial Security Alliance, with the purpose of combining their risk management technology and strategies to maintain the security of the online finance industry. Read More

Netease Obtains Fund Sales License

CCID, 6/26/14

Chinese internet company NetEase's (Nasdaq: NTES) Wangyibao ("Netease ePay") online payment platform has obtained a fund sales and settlement license from the China Securities Regulatory Commission (CSRC). Read More

PBoC Plans 'Mobile Trusted Platform' Payment Service

China Business News, 2/11/14

According to an inside source, the People's Bank of China (PBoC) has authorized the trial use of its mobile trusted platform service (MTPS), approved at the end of 2013, offering mobile payment service integration to telecom operators from seven trusted service managers (TSM) including China Construction Bank, China CITIC Bank, China Everbright Bank, China UnionPay, and China Mobile (NYSE: CHL; 0941.HK). Read More