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SaaS-based ERP Service Provider Jushuitan Completes RMB 100 Mln Series B

36Kr.com, 9/20/18

Shanghai-based Software as a Service (SaaS) enterprise resource planning (ERP) solution provider Jushuitan Network Technology recently announced the completion of RMB 100 mln in Series B funding from Vision Plus Capital. Read More

China Allows Online Prescription of Drugs for Common Illnesses and Chronic Diseases

CCTV, 9/11/18

China's National Health Commission recently issued a notice indicating that in order to further promote the informatization of medical institution operations centered on electronic medical records, it will allow doctors in possession of a patient's medical records to issue online prescriptions for some common illnesses and chronic diseases, and will permit pharmacists to review these prescriptions online and deliver drugs to patients. Read More

OCT Group to Invest RMB 2 Bln in Tongcheng Travel

DoNews, 6/05/18

Chinese tourism company OCT Group and online travel service provider Tongcheng Travel (LY.com) jointly announced that OCT Group will make a strategic investment of RMB 2 bln in Tongcheng Travel as part of a strategic partnership between the two firms. Read More

Tencent to Build Supercomputing Center in Chongqing

Cnstock, 4/13/18

Chinese internet conglomerate Tencent (0700.HK) recently signed an agreement to build a new Tencent Cloud industrial Internet supercomputing center in Chongqing, during the company's 2018 China "Internet Plus" and Digital Economy Summit. Read More

China's MIIT Issues SME Informatization Guidelines

MIIT, 1/24/17

China's Ministry of Industry and Information Technology (MIIT) recently issued new guidance on promoting small and medium-sized enterprise (SME) informatization, indicating that by 2020, the level of information technology used by Chinese SMEs should be substantially upgraded. Read More

VR Firm AntVR Wins RMB 300 Mln Series B from Gosun Telecom

Tencent Tech, 12/29/15

Beijing-based smart wearable and virtual reality solutions developer Yishi Technology (AntVR) recently announced that the company has secured RMB 300 mln Series B funding from Guangdong-based telecom equipment provider Gosun Telecommunications (300098.SZ). Read More

Shanghai Telecom Rents Baosight IDC Resources

Southern Metropolitan News, 10/22/13

Chinese software engineering and development firm Baosight Software (600845.SH) has announced the signing of an agreement with China Telecom's (NYSE: CHA; 0728.HK) Shanghai subsidiary by which Shanghai Telecom will rent rack space in Baosight's new "Baozhiyun" ("Bao Cloud") internet data center (IDC). Read More

Baosight to Raise RMB 650 Mln for IDC, Informatization Projects

China Business News, 7/30/13

Chinese software engineering and development firm Baosight Software (600845.SH) announced today that it will raise additional funding through the release of no more than 40.91 mln Class A shares at a price of RMB 15.89 per share in a non-public stock issuance to no more than ten specifically-chosen investors, including its parent company Baosteel Group Corporation. Read More

China to Announce National Mobile Payment Standard in 2013

Ebrun, 4/19/13

At the fifth annual China Mobile Payment Industry Summit in Beijing on April 18, Chai Hongfeng, executive VP of Chinese banking network China UnionPay announced that a specification for a national mobile payment standard has already been drafted, and could be announced within the year. Read More

Gome 2013 to Establish 50 Superstores in First-Tier Cities

Tencent Tech, 3/29/13

At a signing event today for a new memorandum of understanding between Chinese home appliance and consumer electronics retailer Gome (0493.HK) and Microsoft for efforts to promote the adoption of licensed software, Gome said that it will set up more than "Microsoft Product Experience Zones" in its offline stores. Read More