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China's MIIT Releases Preliminary 2022 Telecom Industry Statistics
MIIT, 1/19/23
Mainland China's telecom industry revenues reached RMB 1.58 trln in 2022, representing a year-on-year increase of 8.0%, according to preliminary figures released today by China's Ministry of Industry and Information Technology (MIIT). Read More
China Adds 390,000 Cellular Base Stations in Q3 2020
MIIT, 10/20/20
China's total number of deployed cellular base stations reached approximately 9.16 mln by the end of September 2020, according to key communications industry infrastructure indicators newly released by China's Ministry of Industry and Information Technology (MIIT). Read More
MIIT: China Adds 249,000 Cellular Base Stations in Q2 2020
MIIT, 7/21/20
China deployed approximately 359,000 new cellular base stations during the six months from January to June, 2020, according to key communications industry infrastructure indicators newly released by China's Ministry of Industry and Information Technology (MIIT). Read More
China's Mobile Data Consumption Up 107% YoY in Jan-Jun 2019
MIIT, 7/24/19
China's mobile data consumption during the first six months of 2019 increased over 107% YoY, according to newly released statistics from the country's Ministry of Industry and Information Technology (MIIT). Read More
Didi Express to Intro Time-based Pricing Model, Increase Base Fare in Beijing
CNR, 4/08/17
Xiaoju Kuaizhi Inc ("Didi Chuxing"), operator of Chinese mobile taxi booking and car hire apps Didi Chuxing and Kuaidi Dache, recently announced that its low-end car hire service Didi Express will introduce a time-based pricing model and new fare standards in Beijing starting April 10, including pricing incentives during non-peak travel periods. Read More
Long-distance Logistics Platform 'Fuyou Kache' Raises RMB 550 Mln Funding
36Kr.com, 3/09/17
Beijing-based Fuyou Online Information Technology, operator of long-distance logistics platform Fuyou Kache, has won RMB 250 mln in Series C funding led by Legend Capital, as well as RMB 300 mln in debt financing from AVIC Trust and Global Logistics Properties (GLP). Read More
O2O Children's Activities Booking App 'Baobei Zoutianxia' Wins Series A
Lieyunwang.com, 8/11/16
Hangzhou-based Yaozhi Technology, operator of O2O children's outdoor activity-booking app Baobei Zoutianxia, has won RMB 12 mln Series A funding from Chinese dairy manufacturer Royal Group (002329.SZ). Read More
Flight, Train Ticketing App Developer 'Huoli Tianhui' Wins RMB 933 Mln Series C
iFeng, 4/11/16
Shenzhen-based flight and train ticketing app developer Huoli Tianhui recently announced completion of RMB 933 mln Series C funding from investors including Beijing Civil Aviation Heyuan Investment Center, HNA-Caissa Travel Group (000796.SZ), Civil Aviation Equity Investment Fund, Haikou-based Dapeng Air Service, Ningbo-based Caissa Shijia Asset Management Partnership, and Matrix Partners China. Read More
WeChat's DAU Hits 570 Mln in September
DoNews, 10/23/15
Chinese internet and mobile services firm Tencent (0700.HK) has announced that its WeChat mobile messaging app reached 570 mln average daily active users (DAU) in September 2015. Read More
Rumor: MIIT to Issue MVNO Licenses in October
China Securities Journal, 9/17/13
According to an unnamed company currently applying for a mobile virtual network operator (MVNO) license, the company has entered into final MVNO negotiations with Chinese telecom operators, with a list of successful applicant companies to be confirmed no later than October. Read More
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