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E-commerce Software and Services Provider ShopEx Wins RMB 700 Mln Series D

36Kr.com, 7/27/17

Shanghai-based e-commerce software and services provider ShopEx Network Technology recently secured RMB 700 mln in Series D funding led by Joy Capital. Read More

Lenovo Establishes USD 500 Mln Robotics, AI, Cloud Computing Startup Fund

Xinhuanet, 5/04/16

Chinese consumer electronics manufacturer Lenovo (0992.HK) has established a USD 500 mln startup fund, which will invest in cloud computing, big data, artificial intelligence, robotics, and "Internet Plus" companies. Read More

Rumor: ShopEx Lands RMB 30 Mln Series D Funding

Ebrun, 3/20/13

On March 20, an industry source revealed that Chinese e-commerce software and services provider ShopEx recently received RMB 30 mln in fourth-round investment from Legend Capital. Read More

Rumor: Gaopeng to Run "Micro Group Buy"

TechWeb, 11/13/12

On November 13, an industry source claimed that Beijing Wangluo Tianxia Shenghuo Technology's (English name: GroupNet) group buy site Gaopeng is partnering with Tencent's (0700.HK) Weixin (Wechat) mobile messaging application for a Weixin group buy platform that could be released in late November or early December, to be called "Wei Tuangou" ("Micro Group Buy"). Read More

GroupNet Raises USD 40 Mln for Acquisitions

Tencent Tech, 10/26/12

Beijing Wangluo Tianxia Shenghuo Technology (English name: GroupNet), which operates group buy sites Ftuan and Gaopeng, recently completed USD 40 mln in new funding, which it will use to acquire additional group buy sites. Read More

Rumor: Groupnet to Acquire 24Quan

Netease Tech, 10/25/12

Lin Ning, CEO of Beijing Wangluo Tianxia Shenghuo Technology (English name: Groupnet), which operates group buy sites Ftuan and Gaopeng, yesterday revealed that Berjaya Corporation Berhad, the largest shareholder in Beijing-based group buy site 24quan.com, has been in frequent contact with Wangluo Tianxia about possibly acquiring 24quan at an undisclosed price. Read More

SK Telecom to Launch B2C Site in China

Sohu IT, 2/13/09

Korean telecom operator SK Telecom (SKT) plans to launch a B2C site, Qianxun.com, in the Chinese market in mid-March. Read More