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JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion
JD.com, 6/19/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More
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
Alibaba, Tencent Forge Deal on Music Copyright Swapping
Sina Tech, 9/12/17
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) Ali Music Group and Chinese internet and mobile services firm Tencent's (0700.HK) Tencent Music Entertainment Group (TME) jointly announced today that they have reached an agreement on music copyright licensing. Read More
Leshi Sports Releases Livestreaming Hardware Suite Including UAV
Sina Tech, 11/24/16
Leshi Sports Culture Industry Development, the sports entertainment subsidiary of Chinese online video and internet TV content provider Leshi Internet (300104.SZ), recently launched a live video broadcasting hardware and software product line called Liveman, including M1 and C1 webcams, a Liveman video broadcasting app, an F1 drone designed for aerial videography, and an L1 mobile router. Read More
BOE to Invest RMB 30 Bln in 8.5G Panel Production
BOE, 6/19/15
Chinese TFT-LCD manufacturer BOE (000725.SZ) recently announced that the company will invest RMB 30 bln to begin production of 8.5G semiconductor display panels in Fuzhou. Read More
Baidu Unveils Self-developed DuWear Smartwatch OS
Sohu IT, 4/15/15
Chinese internet company Baidu (Nasdaq: BIDU) recently launched the official website for DuWear, its self-developed OS for smart watches. Read More
Oriental Pearl, Sony to Jointly Release PlayStation in China
Shanghai Stock Exchange, 5/25/14
Chinese media company Shanghai Oriental Pearl Group (600832.SH) has announced that the company's wholly-owned subsidiary, Shanghai Oriental Pearl Culture Development, and Sony (China) Limited have signed an agreement to establish two joint ventures in Shanghai's pilot free-trade zone, responsible for the manufacture and marketing of Sony's PlayStation game console hardware and software, as well as the provision of PlayStation related services in China, respectively. Read More
Xiaomi Targets 100 Mln Handset Shipments in 2015
Leiyunwang.com, 3/30/14
Lei Jun, CEO of Beijing-based Android device maker Xiaomi, has announced that Xiaomi is targeting revenue of RMB 70 bln in 2014, and anticipates that revenue and handset shipments will reach RMB 100 bln and 100 mln units, respectively, in 2015. Read More
Rumor: China Telecom, Unicom Plan 4G Launch in Q1 2014
Securities Daily, 2/13/14
An industry source has revealed that China Telecom (NYSE: CHA; 0728.HK) will launch 4G commercial service and 4G TD-LTE terminals on February 14. Read More
Beijing Mobile Launches 4G MiFi Services
Sina Tech, 11/18/13
China Mobile's (NYSE: CHL; 0941.HK) Beijing subsidiary has announced the release of 4G MiFi wireless internet services in Beijing, beginning on November 20. Read More
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