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Searching for "financial information"
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Yintech Announces Completion of Going Private Transaction
Yintech, 11/18/20
Yintech Investment Holdings Limited (Nasdaq: YIN) ("Yintech" or the "Company"), a leading provider of investment and trading services for individual investors in China, today announced the completion of its merger (the "Merger") with Yinke Merger Co. Ltd ("Merger Sub"), a wholly owned subsidiary of Yinke Holdings Ltd ("Parent"), pursuant to the previously announced agreement and plan of merger dated as of August 17, 2020 (the "Merger Agreement"), by and among the Company, Parent and Merger Sub. Read More
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
Alipay Fined for Violations Related to Consumer Protection, Privacy, and Promotions
Huxiu.com, 4/08/18
The Hangzhou sub-branch of the People's Bank of China, the county's central bank, recently disclosed a notice of administrative penalties which listed Alibaba Group's (NYSE: BABA) affiliate e-payment platform Alipay as being fined RMB 180,000 for violations related to consumer protection, product promotions (misleading advertising), and information privacy. Read More
O2O Used-car Loan Platform Chedai Completes RMB 360 Mln Series B
36Kr.com, 1/05/17
Shanghai-based Fengzhixing Automobile Financial Information Service, operator of second-hand automobile credit platform Chedai.com, has announced completion of RMB 360 mln in Series B funding at a press conference in Beijing. Read More
Ping An's Online Finance Platform Lufax Wins USD 900 Mln Series B
Tencent Tech, 1/08/16
Shanghai-based online third-party financing and financial asset exchange platform Lujiazui International Financial Asset Exchange (Lufax) has revealed that it completed USD 900 mln Series B funding in December, according to a financial information disclosure. Read More
Panda Financial Raises RMB 2.7 Bln to Develop Financial Services Platforms
Panda Financial, 6/18/15
Online financial services firm Panda Financial (600599.SH) (formerly Panda Fireworks Group) has announced a plan to raise up to RMB 3 bln through a private offering of additional shares. Read More
Tencent Opens WeChat Pay to Verified Merchants
Ebrun, 3/05/14
Chinese internet company Tencent (0700.HK) announced today that the company will open WeChat Pay ("Weixin Zhifu") mobile payment API access to verified service account operators on the public accounts platform of the company's WeChat mobile messaging app. Read More
Alibaba Completes Acquisition of Umeng
Tencent Tech, 11/19/13
Mobile app analytics platform Umeng has announced its acquisition by Chinese e-commerce conglomerate Alibaba Group, but declined to reveal any financial information about the deal. Read More
Rumor: Alibaba Financial to Invest in P2P Finance Platform PPDai
Netease Tech, 11/13/13
An industry source has revealed that Alibaba Financial, the small and medium enterprise (SME) loan arm of Chinese e-commerce conglomerate Alibaba Group, plans to enter the P2P market through a strategic investment of approximately USD 35 mln in P2P lending platform PPDai, operated by Shanghai Paipaidai Financial Information Service Co., Ltd. PPDai loan services include an e-commerce division, providing e-commerce-focused loans for merchants on Alibaba's C2C & B2C e-commerce site Taobao. Read More
Update: Sina Retracts Denial of Alibaba Investment Rumor
Shanghai Morning Post, 12/28/12
Following reports yesterday that Chinese internet company Sina (Nasdaq: SINA) has denied rumors that e-commerce conglomerate Alibaba Group would invest in its Sina Weibo microblogging service, Sina spokesperson Liu Qi has retracted his denial of the investment. Read More
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