China’s Net Revenue Up 23% With Continued Net Losses

Chinese B2C e-commerce website 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.

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

Chinese B2C e-commerce website 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.

Rivals Unite: Opens Flagship Store On

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

WoW’s New Expansion To Be Available In Mainland China On October 2

Blizzard Entertainment and, the operator for World of Warcraft in mainland China, have jointly announced that Mists of Pandaria, the fourth expansion of World of Warcraft, will open in mainland China on October 2, 2012, realizing global synchronization for the first time. Sets Up E-commerce Lifestyle Services Department

Chinese B2C e-commerce website 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.’s Evening Deliveries Get Web Goodies In Consumers’ Hands In Eight Chinese Cities

Chinese B2C e-commerce website announced a new evening delivery service in eight cities in China, extending the company’s delivery time to 22:00. Outsources Internet Alcoholic Beverages Sales To In China

Chinese B2C e-commerce website and Chinese alcoholic-oriented e-commerce website jointly announced that has become the exclusive operator of’s alcoholic beverages channel. CFO Resigns

Chinese B2C e-commerce website announced that its chief financial officer Conor Chia-huang Yang has resigned due to personal reasons.

China’s, Gome Sign Exclusive E-commerce Agreement

Yao Danqian, senior vice president of, told local media that the website has signed an exclusive agreement with the home appliances retailer Gome for large home appliances and henceforth not sell large home appliances.

Chinese E-commerce Company Begins Branded Clothing Line

Chinese e-commerce firm is unveiling its own clothing line.

China’s Lost CNY129.8 Million In Q4 2011

Chinese B2C e-commerce website has published its unaudited financial results for the fourth quarter of 2011, stating that due to a gross profit decline and the increase of marketing expenses, it made net losses of CNY129.8 million during the reporting period. Opens E-book Service Today In China

Chinese B2C e-commerce website launches its e-book platform later today, and the new service will be further expanded to mobile devices in the future.

E-books Coming Online This Month In China

The B2C e-commerce website reportedly plans to launch a new e-book business channel in the second half of December 2011. Institutes New Management Changes

Chinese Internet retailer has announced that the company has changed its management structure. Will Halt Search Engine Advertising With

Li Guoqing, joint president of the Chinese Internet shopping website, has announced that the company will stop putting advertisements on search engine from April 2011 due to the recent accusation that is involved in literature and music piracy.

China’s Invests CNY40 Million For Sales Promotions

Chinese B2C e-commerce website has announced that it will continue to follow a low-price strategy for its users and has invested CNY40 million to launch promotional activities, covering books, digital products, cosmetics, and maternal and baby products. Provides Home Return Service In 800 Chinese Cities

Chinese Internet retailer has announced that they will launch a home return and refund service in 800 Chinese cities.

Internet Retailers Publish Honesty Declaration In China

More than 1,000 suppliers, publishers, and Internet retailers, including, Microsoft, Aigo, Wyeth, Lock & Lock, Commercial Press, and the People’s Literature Publishing House, have jointly published an “Internet Retailing Honesty Declaration” in China.

Chinese State-owned Company Enters Internet Video Industry Sector

A representative from China Hualu Group has revealed that the video website developed by its subsidiary Hualu Culture Industry Company is expected to be launched in a month.

AirMedia’s Former CFO Joins In China

Chinese Internet shopping website, which focuses on the sale of books, has confirmed that Conor Yang, former chief financial officer of AirMedia Group, has joined the company as chief financial officer, preparing for the initial public offering of