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Rural Vehicle Financing Platform Shenma Wins RMB 300 Mln Series C

The Beijing News, 5/07/18

Shanghai-based vehicle financing solutions provider Shenma Internet Financial Information Service announced today the completion of RMB 300 mln in Series C funding jointly led by Tongbanjie Fintech Group, China Growth Capital, and Hina Group. Read More

Alibaba's Online Video Platform Tudou to Transform into Short-video Platform

Sina Tech, 3/31/17

Alibaba Group's (NYSE: BABA) Alibaba Digital Media and Entertainment Group has announced that its subsidiary online video site Tudou will be completely transformed into a short-video platform, and will be led by He Xiaopeng, president of Alibaba Digital Media and Entertainment Group's mobile business division. Read More

Mobile Vehicle Financing Service 'Shenma Financial' Wins USD 8-digit Series A

36Kr.com, 11/03/15

Shanghai-based mobile vehicle financing platform operator Shenma Online Financial Information Service ("Shenma Financial") recently received RMB 8-digit Series A funding led by Frees Fund, with participation from Shunwei Capital, the venture capital firm co-founded by Chinese Android device maker Xiaomi's CEO Lei Jun. Read More

Meizu's New Smartphone Uses 'SM.cn' as Default Search Engine

Tencent Tech, 7/03/15

Meizu's newly released smartphone model MX5 comes pre-installed with Alibaba Group (NYSE: BABA) subsidiary Shenma Mobile's SM.cn as its default search engine. Read More

Alibaba Acquires Remaining Stake in UCWeb

36Kr, 6/11/14

Chinese e-commerce conglomerate Alibaba Group and third-party mobile browser developer UCWeb today jointly announced that UCWeb will be completely merged into Alibaba, with Alibaba acquiring all remaining shares in UCWeb not already owned by the company. Read More

UCWeb: Mobile Search MAUs Hit 100 Mln

Securities Times, 5/05/14

Yu Yongfu, CEO of Chinese third-party mobile browser developer UCWeb, disclosed today at the 2014 Global Mobile Internet Conference (GMIC) in Beijing that monthly active users (MAU) of SM.cn (Shenma), UCWeb's self developed mobile search engine, have now surpassed 100 mln, with a mobile search market penetration rate of 20%. Read More

Alibaba, UCWeb Launch Mobile Search Engine

TechWeb, 4/28/14

Chinese third-party mobile browser developer UCWeb has announced the release of its SM.cn mobile search engine, developed in partnership with Chinese e-commerce conglomerate Alibaba Group. Read More