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China's October 2021 Domestic Handset Shipments Up 28% YoY, 57% MoM

CAICT, 11/23/21

A total of 33.58 mln mobile handsets were shipped in China in October 2021, up 28.4% YoY, and 56.6% MoM, according to new figures released by the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

JD.com to Start 2023 Singles Day Sale October 23, Showcasing Low Prices

JD.com, 10/20/21

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced its 2023 Singles' Day Grand Promotion will kick off on October 23 at 8 p.m. Read More

Ant Financial Leads Series D Funding of 3D Motion Sensing Firm Orbbec

36Kr.com, 5/21/18

Shenzhen-based 3D motion sensing products developer and manufacturer Orbbec Technology recently announced completion of USD 200 mln in Series D funding led by Alibaba Group's (NYSE: BABA) financial services affiliate Ant Financial, with participation by prior-round investors SAIF Partners, Green Pine Capital Partners, Sirius Capital, and R-Z Capital. Read More

New Oriental, TAL, ATA Invest in K-12 Live Streaming Education Platform ClassIn

Sootoo, 3/06/17

Beijing-based Empower Education Technology (EEO), operator of K-12 online live streaming education platform ClassIn, recently announced completion of RMB 9-digit Series A+ funding led by educational services provider New Oriental Education & Technology Group (NYSE: EDU), and with participation from prior round investors TAL Education Group (NYSE: TAL) and ATA Inc (Nasdaq: ATAI). Read More

JD.com Pilots Smartphone Rental Service 'JD Baozu'

Cnmo.com, 2/10/17

Chinese B2C e-commerce platform JD.com (Nasdaq: JD) recently announced a new smartphone rental service called "JD Baozu," which will initially allow users to rent either an iPhone 7 or an iPhone 7 Plus smartphone. Read More

Electronics Recycling Site Aihuishou Completes RMB 400 Mln Series D

iFeng Tech, 12/21/16

Shanghai-based Yueyi Information Technology, operator of electronic products recycling platform Aihuishou.com (literally "Love to Recycle"), has announced the completion of RMB 400 mln Series D funding in a round jointly led by Cathay Capital and Shenzhen Fortune Venture Capital, and with participation by a number of existing and new stakeholders, including Tiantu Capital, e-tailer JD.com (Nasdaq: JD), Morningside Ventures, Greenwoods Asset Management, and Shenzhen Qianhai Fund of Funds. Read More

Suning Invests RMB 8-digit Sum in 360-degree Camera Maker 'Arashi Vision'

NetEase Tech, 8/23/16

Shenzhen-based 360-degree camera maker Arashi Vision recently announced completion of RMB 8-digit Series B+ funding from Chinese consumer electronics and home appliance retailer Suning Commerce Group (002024.SZ). Read More

Plugin Allows Didi Chuxing Drivers to Fake Location, Filter for Distance

Sina Tech, 4/20/16

Drivers for mobile taxi booking and car hire app Didi Chuxing have been using a third-party plugin, "Didi Shenqi," to snatch fares, revealed a taxi driver to Sina Tech News. Read More

Mobile Alipay Update Includes Read-and-Burn Messaging Feature

DoNews, 10/16/15

Chinese third-party payment platform Alipay recently launched Version 9.2 of its mobile app, adding a new "Read & Burn" instant message deletion function to the platform's chat interface. Read More

China's Telcos Launch Pre-orders for iPhone 6s and 6s Plus

Tencent Tech, 9/10/15

China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK) will begin presales for the iPhone 6S and iPhone 6S Plus beginning today. Read More