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Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong

36Kr.com, 6/15/18

Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More

JD.com to Launch Unmanned Smart Restaurant in August

IT Home, 5/29/18

Xiao Jun, CEO at Chinese B2C e-commerce platform JD.com's (Nasdaq: JD) "JD X" business division, recently said that the company will launch a new smart restaurant called "Joy's" in August, which will include unmanned services for food ordering, preparation, and serving. Read More

Ant Financial, CDH, Koubei Invest USD 200 Mln in Group Catering Service Provider Xiyun

36Kr.com, 5/08/18

Beijing-based group catering service provider Xiyun Enterprise Management has won USD 200 mln in Series A funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), CDH Investment, and Alibaba-affiliated local life service platform Koubei. Read More

Koubei, Alipay Unveil Smart Restaurant Touchscreen Tabletop

Sina Tech, 10/10/17

Online and mobile local life services platform Koubei, operated by Alibaba Group (NYSE: BABA) subsidiary Koukou Xiangchuan Network Technology, recently launched a new "Smart Restaurant of the Future" concept product. Read More

Rumor: Alibaba's Koubei Soliciting Up to USD 2 Bln Funding

Jiemian.com, 4/10/16

Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) online and mobile local life service platform Koubei is reportedly soliciting new funding in the RMB 1.5 bln to RMB 2 bln range, according to online industry media outlet Jiemian.com, citing source close to the matter. Read More

Alibaba's Koubei to Spend RMB 5 Bln on Offline Merchants in 2015

I.wshang.com, 9/08/15

Fan Chi, CEO of Alibaba Group's (NYSE: BABA) Hangzhou-based subsidiary Koukou Xiangchuan Network Technology, has announced that Koukou Xiangchuan's online and mobile local life service platform Koubei will invest RMB 5 bln to help transform the local life services industry, including restaurants, supermarkets, and entertainment venues. Read More

Alibaba's Koubei Invests RMB 300 Mln in Food Delivery Platform SHBJ.com

DoNews, 8/28/15

Beijing-based Shenghuo Banjin Information Technology, operator of online and mobile food delivery platform SHBJ.com, recently received an RMB 300 mln investment from Alibaba Group (NYSE: BABA) subsidiary Koukou Xiangchuan Network Technology, operator of online and mobile local life service platform Koubei. Read More

Rumor: Meituan to Acquire Chinese Travel Search Engine Kuxun

Tencent Tech, 7/15/15

Chinese group buy site Meituan has reportedly acquired Beijing-based Kuxun Interactive Technology, operator of travel search engine Kuxun.cn, according to industry sources. Read More

Alibaba, Ant Financial Invest RMB 6 Bln to Establish Local Life Services Company Koubei

DoNews, 6/23/15

Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), and Alibaba have jointly announced that they will each invest RMB 3 bln to set up a local life services subsidiary called Koubei. Read More

Guanxi Launches Local Events App 'Firefly'

Guanxi, 5/27/14

Shanghai-based mobile SNS app developer Guanxi Information Technology has announced the release of the company's new "Firefly" local events recommendation mobile app. Read More