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Alibaba's Cainiao to Roll Out 5-Day Delivery Service Globally

Alibaba Group, 6/28/23

Cainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK), pledged today to deliver cross-border parcels within five working days, which it said would be 30% faster than the industry standard. Read More

Enterprise Cloud Service Provider Huayun Raises RMB 1 Bln in Pre-IPO Funding

PC Online, 6/11/18

Wuxi-based enterprise cloud service provider Huayun Group (formerly Huayun Data Technology Services) has completed RMB 1.0 bln in pre-IPO funding, according to an announcement from chairman and CEO Xu Guangbin. Read More

Sina to Sell 45% Stake in Gaming Subsidiary to Strategic Investors Whole Easy, Mijiao

Whole Easy, 12/12/17

Chinese online game virtual item trading platform operator and mobile game marketing and traffic distribution service provider Whole Easy Internet Technology (002464.SZ) (known as Key Ever Bright Decorative Technology prior to November this year) has announced that it signed an investment and strategic partnership framework agreement with the mainland China operating entity of Sina's (Nasdaq: SINA) microblogging platform Weibo (Nasdaq: WB) in the online gaming, advertising, and entertainment industry domains. Read More

Alibaba to Buy 38% Stake in Hotel, Restaurant Info Management Systems Firm Shiji Retail

Shiji Information, 11/02/17

Beijing-based software firm Shiji Information Technology (002153.SZ) announced today that it has signed a framework agreement with Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) that will see Alibaba acquire a minority stake in Shiji Information Technology's hotel, restaurant, and retail information management systems developer subsidiary Shiji Retail Information Technology. Read More

Alibaba to Invest in Hotel, Retail, and E-commerce Conglomerate Oriental Group

Oriental Group, 10/23/17

Zhejiang-based hotel chain, supermarket chain, food processing and e-commerce operator Oriental Group (833374.NEEQ) recently announced plans to raise RMB 141 mln by issuing 27.53 mln shares priced at RMB 5.14 per share to investors including Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and Zhejiang-based luxury goods e-commerce business Yintai E-Commerce. Read More

Mobile and Browser Game Developer Shinezone Wins RMB 400 Mln Series B

Lieyunwang, 2/16/17

Shanghai-based mobile and browser game developer and publisher Shinezone Network recently announced completion of RMB 400 mln Series B funding from China Fortune Securities, Bank of Ningbo, Shanshan Venture Capital, Jiuyou Fund, Nord Engine Asset Management Group, and Hi-Tech Venture Capital Group (HTVC). Read More

C2C Used Car Sales Platform Souche Secures USD 100 Mln Series C

iYiou, 11/15/16

Beijing-based Souche Holdings, operator of online C2C second-hand car sales platform Souche, recently announced completion of USD 100 mln Series C funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), and car hire service operator UCAR (838006.NEEQ). 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

Communications PaaS Provider Speedtong Lands USD 70 Mln Series C

36Kr.com, 7/05/16

Beijing-based integrated voice and communications platform operator Speedtong Information Technology recently announced completion of USD 70 mln Series C funding led by Sequoia Capital with participation from Series B investor Trust Bridge Partners and new international strategic investors. Read More

Rumor: Baidu, Tencent Invest in Real Estate Agency Home Link

DoNews, 4/06/16

Chinese online and offline real estate service provider Lianjia Wang (Home Link Network) has reportedly raised RMB 6 bln in the latest funding round led by Huasheng Capital with Chinese internet companies Baidu (Nasdaq: BIDU) and Tencent (0700.HK) participating as strategic investors. Read More