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Pinduoduo Subscribes to USD 200 Mln in Gome Convertible Bonds in Strategic Partnership

Pinduoduo, 4/19/20

Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) today announced it will subscribe to USD 200 mln in convertible bonds ("CBs") issued by Chinese household appliance and electronics retailer GOME Retail Holdings Limited (0493.HK) as part of a strategic partnership to bring more value-for-money merchandise to Pinduoduo's 585.2 mln users. Read More

Baidu Posts Q1 2019 Net Loss of RMB 327 Mln

Baidu, 5/16/19

Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More

Machine Vision Startup Riseye Lands RMB 45 Mln Series A Funding

iYiou, 9/21/18

Shenzhen-based machine vision developer Jingrui Shijue Intelligent Technology (Riseye) recently announced the completion of RMB 45 mln in Series A funding led by Tianjin Bridge Fukai Equity Partnership with participation from Shenzhen Co-Win Venture Capital Investment. Read More

Tencent Leads USD 820 Mln Series C Funding of Humanoid Robot Maker UBTech

DoNews, 5/03/18

Shenzhen-based smart home robot developer UBTech Robotics recently announced completion of USD 820 mln in Series C funding and said that it is now valued at approximately USD 5 bln. Read More

Baidu, Haier Partner on Smart Home Products and Platform Development

Tencent Tech, 3/07/18

Chinese internet conglomerate Baidu (Nasdaq: BIDU) and Chinese consumer electronics manufacturer Haier Group recently announced the formation of an alliance at Haier's 2018 Smart Home Strategy press conference. 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

Ali Health, Healthcare Device Makers Launch Smart Healthcare Program

Iyiou, 10/20/16

Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) healthcare subsidiary Alibaba Health Information Technology (0241.HK) recently announced a new smart healthcare program in partnership with nearly 20 Chinese medical device makers including Sinocare (300298.SZ), Haier Medical Technology, Kangsheng Health Management Consulting, Yuyue Medical Equipment and Supply (002223.SZ), Bayer Healthcare, and Omron. Read More

WeChat Launches Smart Hardware Management Solutions Platform

Tencent Tech, 8/26/15

Chinese Internet and mobile services firm Tencent (0700.HK) yesterday unveiled the "WeChat Hardware Solutions" platform for its mobile messaging app WeChat, which will provide WeChat integration for smart hardware devices including air conditioners, routers, home appliances, televisions, toys, battery chargers, health products, and wearables. Read More

TMall, Ant Financial to Offer Interest-free Singles Day Loans

Sina Tech, 11/04/14

Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall announced today a promotion coinciding with China's November 11 "Singles Day" e-commerce holiday. Read More

Alibaba Invests in Haier Logistics Business

Alizila, 12/09/13

Chinese e-commerce conglomerate Alibaba Group has announced that the company will invest a total of USD 364 mln (HKD 2.822 bln) in appliance manufacturer Haier Electronics Group (1169.HK), a subsidiary of Chinese consumer electronics manufacturer Haier Group. Read More