Kumai.jd.com, the second-hand trading platform of JD.com will partially close its e-commerce platform services starting from June 22, 2017. Then …
Chinese classified information website Baixing.com released its first annual financial report after its IPO, and the company’s operating revenue in …
Chinese classified information website 58.com announced that the company has acquired the well-known recruitment website ChinaHR.com. However, no financial details were immediately available. On the completion of the acquisition, ChinaHR.com will maintain its independent operation, brand, and team. As a result of the acquisition, Ireland’s Saon Group, former parent company of ChinaHR.com, will withdraw itself […]
Chinese lifestyle service platform 58.com announced a merger with its classified information listings competitor Ganji.com. According to the agreement, 58.com will acquire an approximately 43.2% fully diluted equity stake in Ganji.com for a combination of share consideration and cash, including approximately 34 million newly issued ordinary shares and USD412.2 million in cash. Meanwhile, the two […]
Chinese classified information website 58.com announced the launch of a new housekeeping service brand named “58 Daojia” and appointed Chen Xiaohua, chief strategy officer of 58.com, as chief executive officer of “58 Daojia”. 58 Daojia provides location-based service booking, on-site services, and online payment and reviews. This project was initially launched in July 2014. Currently, […]
China’s Ganji.com and 55tuan.com have jointly announced that 55tuan.com has become the operator of Ganji.com’s group buying business.
Alipay.com, the third-party Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has launched a new Internet trading platform for second-hand products.
Chinese social networking site Renren.com and Japanese human resources and Japanese media group Recruit Company Ltd. have reached an agreement to jointly establish a marriage-oriented social media platform in China.
Chinese Internet real estate information service provider Anjuke.com has completed its first round of financing in which strategic investors led by Baidu.com invested combined capital of USD50 million into the website.
Chinese lifestyle information and classifieds listings website Ganji.com has announced that it has gained joint investments of USD20 million from Nokia Growth Partners and BlueRun Ventures.