The financial report shows that in the second quarter of 2020, Pinduoduo achieved revenue of 12.193 billion yuan, an increase of 67% from the 7.290 billion yuan in the same period in 2019, which was higher than the market's consensus of 12.16 billion yuan.
Yuyue Medical announced that it plans to jointly invest RMB 8 billion with Ant Technology Group and others to establish Chongqing Ant Consumer Finance in Chongqing. Other investors include Beijing SureKAM Corporation, Cathay United Bank (China) Co.,...
A preparation work seminar on Mobile Internet Application SDK Security Guide was recently held in Beijing. The Guide mentioned will be the first national standard for SDK security in China.
Alibaba released its financial report, with revenue of 153.75 billion yuan in the first fiscal quarter and market expectations of 149.234 billion yuan, compared with 114.924 billion yuan in the same period last year.
Premier Li Keqiang signed the State Council Decree a few days ago to announce the revised Regulations for the Implementation of the Budget Law of the People's Republic of China, which will come into force on October 1, 2020.
On August 20, Alibaba Group announced its financial report. The financial report shows that from January to March 2020, Alibaba will receive an investment income of approximately RMB 3.034 billion from Ant Group.
Huoyan Cloud, a MarTech service provider targeted To B enterprises, recently has received 50 million yuan in its Series A round of financing, which was led by ECC Capital, and followed by GSR United Capital and Ameba Capital.
UWinTech recently announced the completion of its Series B+ round worth 70 million yuan, led by the SIG China, and followed by Eight Roads.
Shanghai Yunzhou Information Technology or ZStack, recently announced that it had received 230 million yuan in Seires B+ round of financing, which was led by Three Gorges Capital.
Fengmi (Beijing) Technology or Fengmi Technology, an independently operating company invested by Xiaomi, recently received a strategic investment of 200 million yuan from Liangjiang Fund, Pengfeng Yihao and the private investor Lai Yongsai.
On August 18, Didi Huoyun, the cargo shipping service provider under DiDi, announced the plan to launch service in six more cities including Shanghai, Chongqing, Nanjing, Suzhou, Ningbo and Jinhua.
101 App, a health management platform for mothers and children, recently completed its Series A+ round of financing, raising tens of millions in RMB.
On August 14th, on the 2020 Global AI Application Expo held in Suzhou City, HopeRun, invited by Huawei Shengteng, put its Atlas 200 DK solution for intelligent transportation on debut, which received wide attention and high praise.
China’s first standards for inspecting and identifying shoes have been published recently, which were developed by Dewu App and approved by the China Quality Inspection Association.