China Tech Newsletter – July 23, 2015

58.com, the leading classified ads site, plans to invest RMB1 billion (about US$161m) to revamp ChinaHR, the online recruitment service the former acquired earlier this year. Launched in 1997, ChinaHR was one of the earliest online recruitment services in China.

Online recruitment has become a hot topic in China again that a handful of newly emerged e-recruitment services, including Pipahr, Lagou and Jobto, received venture capital funding in the past year.


Online travel service provider Ctrip has acquired train ticket booking app developer Suanya for approximately RMB100 million (about US$16m). (via Sina Tech)


Amazon China launches a channel for action cameras and related gadgets such as drones. Products from more than 20 brands including GoPro and DJI are available on it.


TAL Education Group reports first quarter results.

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