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JD.com Invests RMB 1 bln to Incentivize Video Content Creation
JD.com, 4/11/24
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced yesterday an investment of RMB 1 bln in cash incentives aimed at attracting a wider pool of video content creators and institutions to its platform. Read More
Wanda Sports Group Completes Initial Tender Offer and Delisting
Wanda Sports Group, 2/01/21
Wanda Sports Group ("the Company"), a China-based global sports events, media and marketing platform, today announced the completion of the initial tender offer (the "Offer"), launched by Wanda Sports & Media (Hong Kong) Holding Co. Limited on December 23, 2020, to acquire all of the issued and outstanding class A ordinary shares of the Company, with no par value (the "Class A Ordinary Shares"), including all Class A Ordinary Shares represented by American depositary shares of the Company ("ADSs"). Read More
Golden Bull Regains Nasdaq Compliance, Completes USD 2.6 Mln Financing
Golden Bull, 5/15/20
China's Golden Bull (Nasdaq: DNJR), which previously announced a pivot from P2P online lending to car rental and bitcoin mining businesses, announced today that it received a written notification from the Nasdaq Stock Market Listing Qualifications Staff indicating that the company had regained compliance with the USD 1.00 minimum closing bid price requirement for continued listing on the Nasdaq Stock Market and the matter is now closed. 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
Baidu Releases New AI Speaker, Smartphone Car Mount
Marbridge Consulting, 11/01/18
Chinese internet conglomerate Baidu (Nasdaq: BIDU) introduced two new artificial intelligence-enabled devices today at its annual Baidu World event in Beijing, including the Xiaodu Smart Speaker Pro 2.0 and Xiaodu Voice Onboard Smartphone Holder. Read More
JD.com to Buy RMB 100 Mln in Servers from Dawning to Support AI, Big Data Projects
Securities Times, 8/15/18
Tianjin-based server manufacturer Dawning Information Industry (Sugon) (603019.SH) has announced that in H1 2018 the company made a successful bid for Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) server procurement project and has now obtained RMB 100 mln to provide the company with GPU heterogeneous servers and related services. 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
Changjiang, Taiwanese Chip Makers Ally in Bid to Become Apple's Top Memory Supplier
Jiweinet, 4/30/18
Memory chip maker Changjiang Storage Technology, a subsidiary of state-backed private equity firm Tsinghua Unigroup, has recruited Taiwanese chip manufacturers Phison Electronics, Siliconware Precision Industries, and ChipMOS Technologies into a memory industry alliance in order to expand its manufacturing capacity. Read More
Rumor: 100 Investors Bid to Join Drone Maker DJI's USD 1 Bln Funding Round
China Securities Journal, 4/05/18
Shenzhen-based consumer drone maker DJI Technology has reportedly released the results of the first round of competitive bidding in its latest funding round, according to a source close to the matter. 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
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