O2O

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China's leading vending company Ubox has secured 530 million RMB ($85 million USD) in funding from Carlyle Group in exchange for an undisclosed stake. The investment was...

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Jiuxian, owner of Beijing-based alcohol delivery service Jiuxian.com, has secured a 300 million RMB ($80 million USD) in equity investment from a series of...

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Baidu has opened up over a dozen of their current projects to direct investment, hoping to boost development as they attempt to stay competitive...

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Baidu stock has had a rough couple of days. Following their lower-than-expected earnings the company has suffered numerous downgrades from sell-side analysts as their...

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Alibaba’s financial and payment affiliate Ant Financial rolled out a new version of its Alipay app for iOS and Android in what the company called—the...

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Wanda Group, a leading Chinese commercial real estate company, has acquired a controlling stake in 99Bill, a digital payment solution provider. 99Bill will be...

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Shequ001, a Chinese e-commerce site that specialises in rapid delivery, has secured Series B investment from Banyan Capital. The news was first released as a...

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Following the success of taxi-hailing app Uber, online services that adopt on-demand model are quickly proliferating in various industries like home service, food delivery, laundry, or...