Alibaba’s Internet Payment Subsidiary Loses Online Retailer In China
Chinese B2C e-commerce website 360buy.com has published a notice, stating that its cooperation with Alipay.com, the Internet payment subsidiary of Alibaba Group, expired on August 24, 2011, and the company will now stop the use of payment services at Alipay.com.
China’s Taobao.com Separates To Three Companies
Chinese B2B e-commerce group Alibaba has announced that to serve the customers more effectively and to ensure the competitiveness and innovation of Taobao.com, the group has decided to separate this subsidiary into three independent companies.
Alibaba.com, Taobao.com To Launch New Internet Shopping Platform
Alibaba.com and Taobao.com, the two subsidiaries of the Chinese e-commerce group Alibaba, jointly announced plans to launch a new Internet shopping website under the domain name of Lp.taobao.com.
Alibaba Invests USD15 Million For 10% Stake In Chinese Search Engine
According to a 8-K form submitted by Sohu.com to the U.S. Securities and Exchange Commission, the Chinese business-to-business e-commerce company Alibaba.com will invest USD15 million to acquire a 10% stake in Sogou.com, a subsidiary of Sohu.com.
Alipay.com Launches Joint Security Campaign With Chinese Banks
Alipay.com, the Chinese third-party Internet payment platform and a subsidiary of the B2B e-commerce group Alibaba, has launched a joint security and risk control program with major Chinese banks.
China’s Alibaba Acquires Auctiva
Chinese e-commerce company Alibaba.com has entered into an agreement to acquire Auctiva, a third-party developer of tools for eBay sellers.
Taobao.com, Yahoo Japan Reach Strategic Cooperation
Taobao.com, the Chinese Internet shopping website owned by Alibaba Group, and Yahoo Japan, which is held by Japan’s Softbank Group, have reached a strategic cooperation deal.
Alibaba.com Unveils New Services For E-commerce In China
To handle the post-crisis credit problems of Chinese small- and medium-sized enterprises, Alibaba.com, the listed unit of the Chinese B2B e-commerce group Alibaba, has launched an entry-level service tool for corporate credit construction and e-commerce.
Taobao.com Opens Statistics To Its Users’ Online Shopping Habits
Chinese Internet shopping and auction website Taobao.com has formally announced that it will open its statistics to the public for the first time.
Rumor: PayPal To Cooperate With Alibaba For Online Payments In China
EBay’s online payment subsidiary PayPal is negotiating with the Chinese B2B e-commerce group Alibaba, aiming to introduce its online payment service in China into Alibaba’s worldwide site of AliExpress.