China Unicom Beijing branch to scrap domestic roaming and long-distance charges starting Sept.1

The Beijing branch of China Unicom announced yesterday that it will cancel domestic mobile phone roaming and…


Free insurance service could solidify Alipay's lead in the payments sector

Alipay has launched a free health insurance service in partnership with Taikang Insurance (泰康保险). The new service…


Meituan rebuffs rumors of Tencent withdrawing from funding round

Chinese O2O giant Meituan-Dianping has denied a recent media report that its major shareholder Tencent has withdrawn…


China Funding Daily, May 15th and 16th: Self-storage, automotive financing, and gaming devices

New fundings in China on May 15, 2017 Zhongan Financial Holding (中安金控), a 3-year-old, Hangzhou-based automotive…


China Funding Daily, May 13th and 15th: medicine e-commerce, internet finance and computer vision

New fundings in China on May 13, 2017 Insurancebox (保险盒子), a 1-year-old, Hangzhou-based online insurance service…


Tencent

Tencent doubles down on e-sports with e-sports industrial park

Internet giant Tencent recently announced a framework agreement with east China’s Wuhu City to build an e-sports-themed…


China Funding Daily, May 11th and 12th: IoT, vacuum cleaner and mobile game

New fundings in China on May 11, 2017 Sensoro (升哲科技), a 4-year-old, Beijing-based Internet of Things (IoT) sensor…


China Funding Daily, May 10th and 11th: Cloud computing, O2O HR solutions, and English news app

New fundings in China on May 10, 2017 News Break, a 2-year-old, Beijing-based news and information mobile application…


Alipay, Tenpay fined by central bank for improper implementation of user verification

China's two largest mobile payment services Alipay and Tenpay have recently been fined by People's Bank of China, the…


China Funding Daily, May 9th and 10th: LiDAR, enterprise cloud, and talent agency

New fundings in China on May 9, 2017 SNH48 (丝芭传媒SNH48), a 7-year-old, Shanghai-based talent agency that operates the…