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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

Fresh Food M-commerce App Missfresh Wins USD 450 Mln Funding

Tencent Tech, 9/06/18

Beijing-based Missfresh E-Commerce, operator of fresh food ordering app Missfresh, recently announced completion of USD 450 mln in new funding led by Goldman Sachs Investment Partners, Chinese internet conglomerate Tencent (0700.HK), Jeneration Capital, and Davis Selected Advisers with participation by Poly (Hengqin) Capital Management, Glade Brook Capital, and China Renaissance New Economy Fund, as well as prior-round investors Tiger Global and Sofina. Read More

Alibaba Cloud Partners with China's Telcos on IPv6 Services

DoNews, 6/20/18

Chinese internet conglomerate Alibaba Group's (NYSE: BABA) cloud computing and data management platform developer unit Alibaba Cloud Computing (AliCloud) recently announced that it will publicly offer IPv6 services in partnership with China's big three telecom companies. Read More

Tencent Launches AI Voice Assistant 'Dingdang'

IT Home, 4/25/17

Chinese internet and mobile services firm Tencent (0700.HK) recently announced the launch of an artificial intelligence (AI) voice assistant, "Tencent Dingdang," with capabilities similar to e-commerce giant Amazon's AI assistant Alexa. Read More

Update: Leshi Internet, Guoan Soccer Club Halt Cooperation Deal

Tencent Tech, 10/26/16

The Beijing Guoan soccer club has announced an end to its partnership with Chinese online video and internet TV content provider Leshi Internet Information and Technology (300104.SZ). Read More

CITIC Guoan to Invest USD 20 Mln in American VR Broadcaster NextVR

CITIC Guoan Group, 7/01/16

CITIC Guoan Information Industry (000839.SZ), a subsidiary of CITIC Guoan Group, recently announced that it will invest USD 20 mln in cash through its Shanghai-based subsidiary Muyun Information Technology Investment to subscribe for 3,947,031 Class B Preferred shares of US-based virtual reality live streaming company NextVR, which will give CITIC a 2.27% stake. Read More

Taobao Movie Rebrands and Partners with Damai, Ali Sports

Sina Tech, 5/16/16

Taobao Movie, the online and mobile movie ticketing platform operated by a subsidiary of Chinese film and TV entertainment company Alibaba Pictures Group (1060.HK), has announced a partnership with online ticketing site Damai.cn and Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) sports subsidiary Ali Sports to expand the scope of its ticketing services. Read More

BesTV Wins English Football New Media Broadcasting Rights

Shanghai Stock Exchange, 7/01/13

Shanghai Media Group subsidiary BesTV New Media (600637.SH) has announced that it has obtained the mainland China new media broadcasting rights for seasons 2013/2014 through 2018/2019 of the English Premier League football (soccer) league. Read More

Dangdang Launches Online Lottery Service

Tencent Tech, 9/25/12

Chinese B2C e-commerce site Dangdang (NYSE: DANG) today launched on online lottery service. Read More

CNTV Sues BesTV, Guangzhou Telecom for IPTV Copyright Infringement

Legal Daily, 9/13/12

Wang Jianquan, director for IPTV rights protection at CCTV's national online TV station CNTV, revealed recently that CNTV has filed a suit in the Guangzhou Intermediate People's Court, alleging that BesTV New Media (600637.SH) and Guangzhou Telecom's local IPTV service infringed on its information network broadcasting rights to CCTV programs. Read More