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JD.com to Develop Delivery Drone with 40-60 Ton Payload Capacity

TechWeb, 6/19/18

Richard Liu, CEO at Chinese B2C e-commerce platform JD.com (Nasdaq: JD), recently published a message to microblogging platform Weibo stating that the company has produced its first heavy-duty delivery drone. Read More

Panda Breeding Center, China Mobile's Migu Ally on Panda-themed IP Operations

People's Posts and Telecommunications News, 3/29/18

Chengdu Giant Panda Breeding Research Base and telecom operator China Mobile's (NYSE: CHL; 0941.HK) new media subsidiary Migu Culture Technology recently announced plans to cooperate on panda-themed intellectual property operations. Read More

WeChat Applet-based Game "Tiao Yi Tiao" Begins Soliciting Brand Advertisers

Tencent, 3/15/18

Chinese internet company Tencent's (0700.HK) WeChat applet-based game "Tiao Yi Tiao" (literally "Jump Jump") recently announced that it is officially recruiting merchant advertising partners. Read More

Ant Financial Joins RMB 810 Mln Investment in Shared Bike Operator Youon Low Carbon

Youon Public Bicycle System, 9/19/17

Changzhou-based public bicycle sharing service operator Youon Public Bicycle System (603776.SH) recently announced that its wholly-owned dockless bicycle sharing subsidiary Jiangsu-based Youon Low Carbon Technology plans to add eight new investors including Ant Financial subsidiary Yunxin Venture Capital, Shenzhen Capital Group, and Lingji Enterprise Management Center. Read More

AI Chipset Developer Cambricon Raises USD 100 Mln Series A

AI Era, 8/18/17

Beijing-based AI chipset developer Zhongke Hanwuji Technology (Cambricon) has announced the completion of USD 100 mln in Series A funding led by Guotou Venture Capital Investment Management. Read More

VR Technology Developer 'AppMagics' Completes RMB 8-digit Series A+

36Kr.com, 6/22/17

Beijing-based virtual reality technology developer AppMagics Technology recently announced completion of RMB 8-digit Series A+ funding led by HG Capital, with participation from Bojiang Capital and Buttonwood Capital Management. Read More

Alibaba to Invest RMB 1 Bln in Open Platform for Film Creators

Tencent Tech, 4/18/17

Alibaba Group's (NYSE: BABA) online video site operator Youku Tudou recently announced that the company, Alibaba Literature, and Alibaba Pictures Group (1060.HK) will jointly invest RMB 1.0 bln on "Project HAO," which aims to provide online movie content creators with an open platform, open IPs, and open resources. Read More

Baidu to Lead Construction of National Deep Learning Technology Lab

Baidu, 2/20/17

Baidu (Nasdaq: BIDU) has announced that China's National Development and Reform Commission (NDRC) has approved plans for the Beijing-based internet giant to lead the construction of a National Engineering Laboratory for Deep Learning Technology. Read More

Ali Sports, Giant Interactive Partner on Mobile E-sports

Sina Tech, 9/09/16

Ali Sports, the sports subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently announced that it has formed a mobile e-sports strategic partnership with Chinese online game developer and operator Giant Interactive and will invest RMB 100 mln in Giant Interactive's mobile casual game Battle of Balls. Ali Sports and Giant Interactive will collaborate in several areas, including e-sports competition system development, competition globalization strategy, mobile e-sports user platforms and value-added services, as well as developing e-sports talent and clubs, supporting e-sports stars, creating e-sports leagues, and developing and selling derivative products based on e-sports intellectual property (IP). Read More

Chinese All Digital Publishing Completes RMB 2 Bln Private Placement

Lieyunwang.com, 8/24/16

Beijing-based online and e-book publishing firm Chinese All Digital Publishing (300364.SZ) has officially announced that it has secured RMB 2 bln in a private placement. Read More