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Beike launches home renovation services platform

Fast-rising Chinese property platform Beike (AKA, Ke.com) and its fintech affiliate Ke Finance have launched a “One-stop Housing Renovation Service” platform. The new platform matches users with renovation solutions and suppliers, with Ke Finance providing renovation...

Sohu rumored to be going private

Sohu.com’s (NASDAQ: SOHU) online gaming subsidiary Changyou.com (NASDAQ: CYOU) has issued a $503 U.S. million special dividend — $337 million U.S. of which will go to Sohu, triggering rumors that the company founder Charles Zhang may be looking to take the...

Souche signs cooperative pact with Shanghai Pudong

Alibaba-backed automotive b-to-b marketplace and financing unicorn Souche.com has signed a cooperation deal with Shanghai Pudong Development Bank. The two will undertake in-depth cooperation in various fields like automobile consumer finance, asset securitization, and...

CheHaoDuo puts $7m+ into new logistics subsidiary

Chinese used auto marketplace operator CheHaoDuo, the parent company of c-to-c leader Guazi, has registered an auto stock logistics subsidiary with an initial capitalization of 50 million RMB ($7.2 million U.S.). CheHaoDuo Logistics Technology will be based in the...