Tmall, JD.com and Suning are preparing themselves for the biggest day in the ecommerce calendar.
Tech financing in China this week – Wang Sicong leads investment in e-sports legend’s company, & more
Don’t miss the major tech headlines from this week: Ant Financial secures USD 4.5 billion; Tencent-backed ticket booking company now valued at USD 2 billion and Suning’s new finance site lands USD 1 billion.
Suning has integrated its financial businesses and received about USD 1 billion in financing.
China’s largest parenting website Babytree will consider listing in China, but not just yet.
Our daily highlights: Duiba app receives USD 4.7 million investment; Suning opens first O2O center in Beijing; Smart POS Yunnex fundraises USD 15.8 million.
Our daily highlights, updated: 3rd gen YotaPhone will launch next year; PPTV in deficit; Guangzhou is now Uber’s biggest city
As the JD couple hold a lavish wedding ceremony in Australia, commentators are speculating whether this is not just another clever media diversion covering less welcome news.