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JD.com Records GMV of RMB 204 Bln Across 11-day Singles Day Sale
JD.com, 11/12/19
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recorded total transaction volume of RMB 204.4 bln across the 11-day (November 1-11) Singles Day sales event, up 27.9% YoY, reports the company on its website today. Read More
China's H1 2019 Internet User Base Reaches 854 Mln
CNNIC, 8/30/19
China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More
China's H2 2018 Internet User Base Reaches 829 Mln
CNNIC, 2/28/19
China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More
Baidu Testing In-app Applet Function
Techweb, 4/12/18
Chinese internet conglomerate Baidu (Nasdaq: BIDU) has quietly introduced an in-app applet for used car retail platform Uxin Used Car. Read More
Digital Reading Service Provider iReader Lists on Shanghai Stock Exchange
iHeima, 9/21/17
iReader Technology, operator of online digital reading app iReader, has officially listed on the Shanghai Stock Exchange on September 21 under ticker number 603533. Read More
Power Bank Rental Service Aneak Secures RMB 500 Mln Funding
iYiou, 8/19/17
Beijing-based Kuaishuashua Information Technology, operator of power bank rental service Aneak, recently announced completion of more than RMB 500 mln in Series A funding from investors including Will Hunting Capital, Shenzhen-based vehicle-mounted video screen network operator Longfan Media, senior managers at Focus Media Group (002027.SZ), and government industry development funds. Read More
China's H1 2017 Internet User Base Reaches 751 Mln
CNNIC, 8/04/17
China's internet user base reached 751 mln in H1 2017, up 19.92 mln from the end of 2016, among which the mobile internet user base was 724 mln, up 28.30 mln from the end of 2016, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2017 State of the Chinese Internet Report. Read More
Rumor: Qihoo 360 to Spin Off Businesses for Future IPO in China
Sohu IT, 8/03/16
Having completed its privatization, Chinese internet services and security software provider Qihoo 360 is reportedly actively restructuring in preparation for a domestic backdoor listing, with plans to spin off its finance, desktop, mobile, and health businesses, according to a number of industry investors. Read More
Rumor: Perfect World Purchases Baidu's Online Literature Division for RMB 1 Bln
NetEase Tech, 6/20/16
Beijing-based online game developer and operator Perfect World has reportedly purchased the online and mobile literature business belonging to internet company Baidu (Nasdaq: BIDU) for RMB 1 bln, according to a source familiar with the matter. Read More
CNCERT: China's 2015 Mobile Internet User Base Reaches 780 Mln
China News, 5/18/16
China's total number of active mobile Internet users reached 780 mln, or 56.8% of China's population, in 2015, according to a new report from the China Internet Society and the National Computer Network Emergency Response Technical Team (CNCERT). Read More
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