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Alibaba's Freshippo Grocery Chain Opens 12 More Stores

Sohu, 6/30/23

Freshippo, the high-tech grocery chain of Chinese internet giant Alibaba Group (NYSE: BABA; 9988.HK), announced today it has opened 12 more stores in eight cities across mainland China, including Beijing, Shanghai, and Guangzhou. Read More

Pinduoduo Appoints New VP Finance

Pinduoduo, 12/30/21

Chinese group-buy e-commerce platform operator Pinduoduo (Nasdaq: PDD) revealed in a new SEC filing today that Ms. LIU Jun will succeed MA Jing ("Tony Ma") as Pinduoduo's Vice President of Finance, effective January 1, 2022. Read More

SME Group Health Insurance Solutions Provider StartupCare Appoints New CEO

CareVoice, 7/07/20

Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. Read More

Pinduoduo Names New CEO, General Counsel and VP of Finance

Pinduoduo, 7/01/20

Chinese e-commerce platform operator Pinduoduo (Nasdaq: PDD) announced today that its Board of Directors has appointed Mr. CHEN Lei as Chief Executive Officer, effective immediately. 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

Bytedance to Establish R&D Center and AI Research Institute in Nanjing

Sina Tech, 9/10/18

Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, recently announced that it will establish a research center in Nanjing. Read More

Online English Test Tutoring Platform Kaochong Wins USD 55 Mln Series D

36Kr.com, 9/05/18

Beijing-based Xuanke Technology, operator of online and mobile live English test prep course search platform Kaochong.com, recently announced completion of USD 55 mln in Series D funding led by Hillhouse Capital Management with participation by Chinese internet conglomerate Tencent (0700.HK) and Matrix Partners China. Read More

O2O Education Planning and Consultation Service Nice Zhuanye Wins RMB 50 Mln Series A

iYiou, 8/15/18

Beijing-based Heqi Juli Education Technology (HQ Education Group), operator of O2O education service platform Nicezhuanye.com (literally "Nice Major"), recently announced completion of RMB 50 mln in Series A funding from Shunwei Capital Partners and Zero2IPO Lanxum Internet Education Fund. Read More

Alibaba, Ant Financial Partner with Government to Build Jiangxi's Digital Economy

Xinhuanet, 6/21/18

Chinese internet conglomerate Alibaba Group (NYSE: BABA) and its financial services affiliate Ant Financial recently signed a strategic partnership agreement with Jiangxi province, under which the parties will collaborate on several smart industry projects in Jiangxi to promote development of the digital economy. Read More

Smart Vending Machine Brand Coffee 0.8 Wins RMB 100 Mln Series B

Lieyunwang, 6/07/18

Beijing-based Lingdian Kongjian Technology, operator of smart coffee vending machine brand Coffee 0.8, completed nearly RMB 100 mln in Series B funding from Kaola Fund in early 2018, according to a recent interview with founder and CEO Wang Shunli. Read More