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JD.com Announces '35711 Vision' for the Next Twenty Years
JD.com, 6/18/23
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) celebrated its 20th anniversary on June 18 by announcing ambitious goals for the future. Read More
Tencent Completes Acquisition of Search Engine Operator Sogou
Sogou, 9/23/21
Chinese online search engine operator Sogou (NYSE: SOGO) today announced the completion of its acquisition and privatization by internet conglomerate Tencent (0700.HK). Read More
Gridsum Announces Completion of "Going Private" Merger
Gridsum, 3/25/21
Gridsum Holding ("Gridsum" or the "Company") (Nasdaq: GSUM), a provider of cloud-based big-data analytics and artificial intelligence solutions in China, today announced the completion of the merger with Gridsum Growth Inc. ("Merger Sub"), a wholly-owned subsidiary of Gridsum Corporation ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of September 30, 2020 (the "Merger Agreement"), by the Company, Parent and Merger Sub. Read More
58.com Announces Completion of "Going-Private" Merger
58.com, 9/18/20
Chinese online classifieds site 58.com (NYSE: WUBA) today announced the completion of the merger (the "Merger") with Quantum Bloom Company Ltd ("Merger Sub"), a wholly-owned subsidiary of Quantum Bloom Group Ltd ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of June 15, 2020 (the "Merger Agreement"), among the Company, Parent and Merger Sub. Read More
Baidu Posts Q1 2019 Net Loss of RMB 327 Mln
Baidu, 5/16/19
Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More
Online Financial and Tax Services Platform Huisuanzhang Completes Series C
iYiou, 9/26/18
Beijing-based Gongjin Technology, operator of mobile and PC bookkeeping service platform Huisuanzhang, recently announced the completion of Series C funding led by Gaocheng Capital with participation from existing investor Android device maker Xiaomi (1810.HK). Read More
Cross-border E-commerce Payment Platform PingPong Wins RMB 9-digit Series C
iYiou.com, 9/18/18
Hangzhou-based third-party cross-border payment company Pingpeng Intelligent Technology ("PingPong") recently announced that it has secured RMB 9-digit Series C funding from Sinowisdom Asset Management and other investors. Read More
Shenzhen Tax Bureau, Tencent Ally on Blockchain-based Tax Management
Sina Tech, 5/24/18
The Shenzhen branch of China's State Administration of Taxation and Chinese internet conglomerate Tencent (0700.HK) recently announced that they will work together to promote tax-related technology applications, including exploring ways of using blockchain technologies for tax management to prevent fraud in invoice transfer processes. Read More
Online Real Estate Big Data Service Yunfang Data Reveals Series A Funding Details
PE Daily, 5/08/18
Beijing-based Yunfang Data Technology, operator of online real estate big data services platform Yunfang Data, recently said that it completed RMB 20 mln in Series A funding in late 2016 from Shenzhen-based Fortune Venture Capital. Read More
AI-based Tax and Financial Services Platform Onlyou Lands RMB 300 Mln Series A
Lieyunwang, 12/09/17
Shenzhen-based Shangji Enterprise Service, operator of online tax and financial services platform Onlyou.com, has won RMB 300 mln in Series A funding from AVIC Trust, Xiamen Changrong Capital, Shengnong Capital, and Pan-China (Xiamen) Consulting. Read More
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