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Chinese maternal and baby supplies e-commerce platform Beibei.com completed its fourth round financing of USD100 million. Its investors included well-known investment organizations such as New Horizon, Northern Light Venture Capital, Banyan Capital, and Capital Today. Of these, New Horizon, Banyan Capital, and Capital Today previously invested in Beibei.com. According to Beibei.com, the company's gross merchandise volume in 2015 ...
Baidu Map announced that it is officially available in 32 countries in Europe. Baidu Map already has entered 18 countries and regions in Asia Pacific, including Japan, South Korea, Thailand, Hong Kong, Macau, and Taiwan. And Baidu Map has realized global distribution in 50 countries and regions. The 32 countries are France, Germany, Spain, Italy, United Kingdom, Turkey, Poland, Finland, Greece, Sweden, Portugal, Czech Republic, ...
Chinese telecom device maker Huawei invested USD9.2 billion in research and development in 2015, accounting for 15% of the total annual income of the company. The World Intellectual Property Organization says that by the end of 2015, Huawei had been a leading patent applier for two consecutive years, with 3,898 accumulated patent cooperation treaties. By December 31, 2015, Huawei had gained 50,377 patents around the world. Those patents ...
Chinese e-commerce provider JD.com jointly announced with Internet search engine Baidu.com and diversified online service company Tencent an investment in Bitauto, a Chinese automotive industry Internet company. Each of the three companies aim to raise USD50 million to take their respective stakes in Bitauto. Baidu, Tencent and JD.com each agrees to purchase 2,471,577 newly issued ordinary shares of Bitauto at USD20.23 per share, corresponding ...
Chinese smartphone company Xiaomi and Microsoft will reportedly further expand their global cooperation partnership to provide innovative user experience on mobile devices. As a part of their agreement, Xiaomi will pre-install Microsoft's applications, including Office and Skype, on its Android smartphones and tablets, allowing its users to enjoy new work collaboration and communication methods. Meanwhile, the new cooperation of the two ...
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