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JD.com Launches Shenzhen-Bangkok All-Cargo Charter Flight
JD.com, 5/28/21
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) opened an all-cargo charter flight between Shenzhen and Bangkok on May 28, the e-commerce giant's first in the Asia-Pacific region. Read More
Tmall, Jingu and Kangzhong Jointly Form Auto Aftermarket Service Firm
Sina Tech, 8/23/18
Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall recently announced that its automotive division will form an aftermarket joint venture with Zhejiang-based wheel and tire manufacturer Jingu's (002488.SZ) subsidiary car care platform Qiche Chaoren ("Car Superman") and Jiangsu-based Kangzhong Industry Investment's auto parts B2B e-commerce platform Carzone. Read More
China Unicom, Alibaba Form Cloud Services JV
Tencent Tech, 8/03/18
Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Chinese internet conglomerate Alibaba Group (NYSE: BABA) announced this morning that they will establish a joint venture subsidiary called Yunli Zhihui Technology, with RMB 353 mln in registered capital. Read More
Voice Recognition Firm Sibichi Completes RMB 500 Mln Series D
36Kr.com, 6/26/18
Suzhou-based voice recognition technology provider Sibichi Information Technology (AISpeech) recently announced completion of a new RMB 500 mln round of funding led by Suzhou-based Oriza Holdings and China Minsheng Investment with participation by Shenzhen Capital Group, Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW), and Taiwanese chipmaker MediaTek (MTK). Read More
Tencent, Geely Win Bid for 49% Stake in Bullet-train Wi-Fi Provider
Sina Tech, 6/07/18
Chinese internet conglomerate Tencent (0700.HK) and Zhejiang-based automobile manufacturer and distributor Geely Holding (0175.HK) recently announced that they have successfully completed a joint bid to acquire a 49% stake in bullet train Wi-Fi services provider Bullet Train Networks Technology, a subsidiary of China Railway Corporation. Read More
Evernote Restructures to Chinese-controlled Firm, Wins RMB 9-digit Funding from Sequoia
The Beijing News, 6/07/18
Beijing-based Evernote Technology recently announced that it has completed its restructuring process and that it will now operate as a Chinese-controlled, Chinese-American joint venture entity after nearly 6 years of operating in China as a brand under California-based note-taking and archiving software and services developer Evernote Corporation. Read More
Qianxun Spatial Intelligence Launches Drone Supervision Platform
TechWeb, 4/24/18
Qianxun Spatial Intelligence, a joint venture between Chinese internet conglomerate Alibaba (NYSE: BABA) and state-owned weapons manufacturer Norinco Group, recently announced the launch of a drone monitoring platform called "Zhiyi" (roughly "Known Wings"). Read More
Electric Car Maker CHJ Automotive Wins RMB 3 Bln Series B
36Kr.com, 3/22/18
Beijing-based automobile startup CHJ Information Technology (CHJ Automotive) has announced the recent completion of RMB 3.0 bln in Series B funding from Matrix Partners China and a new energy fund in Shougang Fund's portfolio. Read More
Positioning Services Platform Qianxun's User Base Exceeds 90 Mln
STdaily, 2/08/18
Shanghai-based positioning services provider Qianxun Spatial Intelligence' location services platform has surpassed 90 mln users, announced Chinese state-owned weapons manufacturer China North Industries Group Corporation (Norinco Group). Read More
Baidu Launches Insurance Sales Channel
The Paper, 2/08/18
Chinese internet conglomerate Baidu (Nasdaq: BIDU) quietly launched a new insurance sales platform earlier this week. Read More
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