Chinese online retailer Jumei announced on Feb. 25 that it has accepted a merger deal with Super ROI Global Holding Limited (Parent) and Jumei Investment Holding Limited (Purchaser).
Ant Financial announced the launch of the INCLUSION Fintech Conference, an event that aims to bring together the global financial and technology community.
Chinese e-commerce company Jumei Youpin received a privatization offer from the buyer group represented by Chen Ou, Chairman, CEO and CFO of Jumei International on January 11.
Chinese media outlet Jiemian reports that ByteDance achieved its performance goals in 2019, with annual revenue exceeding 140 billion yuan ($20 billion).
Chinese tech media 36Kr reported that online recruitment app BOSS Zhipin has recently completed a new round of financing, raising close to $100 million.
However, when their e-commerce rivals like Alibaba’s Taobao and JD.com were boasting about their inflated GMV numbers during the shopping festival, Pinduoduo took another approach.
Chinese audio content platform Lizhi has recently submitted its IPO prospectus to the SEC, and is seeking to raise funds in the region of $100 million.
Ludashi (lit. Master Lu), a computer system optimization and security firm recently spun off by the Chinese Internet conglomerate Qihoo 360, went public in Hong Kong on October 9.
On Aug. 7, NetEase, one of China's leading internet and online game services providers, announced its unaudited financial results for the second quarter ended June 30, 2019.