Tag: "B2C"

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JD.com Will Now Sell Tires Online

Chinese B2C e-commerce provider JD.com and German tire brand Continental announced a strategic deal to sell tires to e-commerce consumers. …

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Alibaba’s South China Morning Post Purchase Puts Focus On News Coverage

Chinese e-commerce boss Jack Ma is emulating America’s Amazon.com boss Jeff Bezos, who recently purchased The Washington Post, by purchasing his own media empire in Hong Kong, the South China Morning Post. Alibaba Group Holding Limited says it has entered into a definite agreement to acquire the South China Morning Post and other media assets […]

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China’s Baidu Is Increasing Its Indian E-commerce Exposure?

Chinese search engine company Baidu reportedly plans to acquire a controlling stake in Mydala.com, a leading e-commerce platform for discounted products in India. According to reports in Indian local media, Baidu expressed an intention to acquire a majority stake in Mydala.com and the investment can reach up to USD100 million, which is about CNY630 million. […]

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Hc360.com Will Acquire 7 Chinese Clothing Websites For CNY120 Million

Hong Kong-listed B2B e-commerce platform Hc360.com announced that the company plans to invest CNY120 million to acquire several clothing vertical websites. According to an acquisition letter of intent submitted by Hc360.com to HKEx, the company plans to acquire an 80.38% stake in Zhejiang Zhongfu Network Technology for CNY120.57 million. Zhejiang Zhongfu Network Technology mainly provides […]

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Foreign Governments Join Chinese E-commerce Leader To Promote Global Trade

Alibaba is working directly with foreign embassies in China to expand its influence and sales potential around the world. The e-commerce company has opened 11 official country pavilions on its Tmall Global platform and cooperative partnerships between Juhuasuan, Alibaba’s group-buying platform, and 26 foreign embassies in China. A total of 11 countries, including United States, […]

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58.com Delivers Common Chores Direct To Chinese Consumers

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, […]

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JD.com Teams With China Post To Expand O2O To Small Chinese Towns

Chinese B2C e-commerce website JD.com and China Post Group have reached a strategic deal to jointly develop an e-commerce platform targeting cities below third-tier size in China. With the cooperation, JD.com will provide various products, including PCs, digital products, home and kitchen supplies, and cosmetics, for China Post’s “people-benefit project”. Those products will reach 13 […]

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Alibaba Makes Additional Investment In ShopRunner

ShopRunner, an American online shopping company and competitor to Amazon, has gained investments of USD206 million in the latest financing round, which is reportedly led by China’s Alibaba Group. This represents a major U.S. move for the Chinese e-commerce group, who is considering an initial public offering in the country. Prior to this, Alibaba already […]

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JD.com Publishes E-commerce Open Platform Support Plans

During its first open platform partner conference, Chinese B2C e-commerce website JD.com published four major support plans, covering technology, logistics, service, and finance.

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Alibaba Group Makes Strategic Investment In Online Chinese Travel Service

China’s Alibaba Group has announced a strategic investment in Qyer.com, a Chinese tourist information and online value-added service provider.

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China’s Dangdang.com Net Revenue Up 23% With Continued Net Losses

Chinese B2C e-commerce website Dangdang.com published its financial report for the first quarter ended March 31, 2013, stating that its total net operating revenue was CNY1.334 billion, a year-on-year increase of 23%; though it still reported net losses of CNY72.7 million.

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Alibaba Signs MOU With Credit Card Company

Chinese e-commerce and online payment behemoth Alibaba Group has signed a memorandum of understanding with MasterCard.

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China’s Yihaodian.com, Baidu Form Strategic Partnership

Chinese B2C e-commerce website Yihaodian.com and Chinese search engine Baidu have reached an agreement for business cooperation.

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UK Luxury E-commerce Operator Launches Chinese Website

UK’s leading luxury e-commerce operator Net-a-Porter has launched a Chinese-language website, targeting the Asia Pacific market.

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Tmall.com Starts Shipping Overseas Milk Powder To Thirsty Chinese Consumers

Tmall.com, the B2C Internet shopping subsidiary of Alibaba Group, announced that it will cooperate with Danone and Nestle to launch direct sales and delivery of milk powder under six brands of the two groups, allowing Chinese consumers to enjoy the safe importation of milk powder products.

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China’s Dangdang.com Shifts From Online Book Sales As Net Losses Increase

Chinese B2C e-commerce website Dangdang.com published its financial report for the fourth quarter and the entire year of 2012, stating that its total operating revenue increased by 31% year-on-year to CNY1.6 billion in the fourth quarter of 2012; while it made net losses of CNY120 million during the same period.

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Vancl.com Announces Full Acquisition Of Crucco

Chinese B2C e-commerce website Vancl.com announced that it will acquire the apparel e-commerce brand Crucco with an undisclosed amount of cash and equity.

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China’s 360buy.com Launches Cloud Computing R&D Center In Beijing

Chinese B2C e-commerce website 360buy.com held the opening ceremony for its Haidian cloud computing research and development base in Yiyuan Cultural and Creative Industrial Zone, Beijing.

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Vancl Invests CNY1 Billion To Build Tianjin Headquarters

Chinese B2C e-commerce website Vancl.com has signed an investment agreement with Tianjin Jingbin Industrial Park to build its Tianjin headquarters for CNY1 billion.

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China’s Gome Invests CNY1 Billion In Maternity E-commerce Website

Chinese electronics and home appliances retailer Gome’s e-commerce website and the maternal and baby products website Qinqinbaby.com have signed a strategic cooperation agreement to jointly operate a maternal and baby products channel.

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Rivals Unite: Dangdang.com Opens Flagship Store On Tmall.com

Chinese B2C e-commerce website Dangdang.com and Alibaba’s B2C Internet shopping site Tmall.com have jointly announced that Dangdang.com has opened a flagship store on Tmall.com, selling books and daily commodities.

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China’s 360buy.com Confirms Development Of Third-party Internet Advertising System

Privately-owned Chinese B2C e-commerce website 360buy.com confirmed that it is developing an open platform advertising system for third parties.

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Suning.com Formally Acquires Redbaby For USD66 Million

Suning.com, the e-commerce platform of Chinese electronics retailer Suning, announced that it has invested USD66 million to acquire the Chinese e-commerce website for baby and maternity products Redbaby.com.cn.

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360Buy.com Adds More Delivery Options In Beijing For E-commerce Purchases

Chinese B2C e-commerce website 360buy.com has formally started cooperating with the convenience store provider Good Neighbors to offer pick-up service in 13 Good Neighbors convenience stores in Beijing, covering Xicheng district and part of Haidian district.

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Dangdang.com Sets Up E-commerce Lifestyle Services Department

Chinese B2C e-commerce website Dangdang.com announced the formal launch of a new lifestyle department, which will be responsible for operating services such as mobile phone fee recharges, group discount platform, and tourism products.

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Chinese Liquor B2C E-commerce Website Gains New Investment Round

Chinese spirits and alcohol B2C e-commerce website Jiuxian.com announced that the company has gained additional investment of CNY200 million.

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Dangdang.com’s Evening Deliveries Get Web Goodies In Consumers’ Hands In Eight Chinese Cities

Chinese B2C e-commerce website Dangdang.com announced a new evening delivery service in eight cities in China, extending the company’s delivery time to 22:00.