Privately-owned Chinese B2C e-commerce website 360buy.com confirmed that it is developing an open platform advertising system for third parties.
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.
Hangzhou-based China E-commerce Research Center has published a data monitoring report on the Chinese B2B e-commerce market for the first half of 2012, stating that by June 2012, the trade scale of the Chinese B2B e-commerce market reached CNY2.95 trillion, a year-on-year increase of 13%.
Spain’s Inditex, parent company of the fast fashion brand Zara, has announced plans to launch an Internet apparel store in China in September 2012.
Chinese group buying website Meituan.com published its latest sales statistics, claiming that the company achieved sales of CNY440 million in June 2012.
American e-commerce group Amazon has officially located its Asia-Pacific headquarters in the Chaoyang District of Beijing.
Qidian.com, a Chinese Internet literature website, announced its cooperation with PayPal for overseas payment services.
Chinese B2C e-commerce website Dangdang.com announced that its chief financial officer Conor Chia-huang Yang has resigned due to personal reasons.
Yao Danqian, senior vice president of Dangdang.com, told local media that the website has signed an exclusive agreement with the home appliances retailer Gome for large home appliances and Dangdang.com henceforth not sell large home appliances.
Chinese B2C e-commerce website Dangdang.com 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.
Alibaba Group and its Hong Kong-listed unit Alibaba.com have jointly announced that Alibaba Group has proposed an offer to the board of directors of Alibaba.com to take the company private.
Chinese social shopping search engine B5M announced a USD7.1 million Series A investment round led by Oak Investment Partners and Giosis Holdings.
Chinese Internet company Tencent will soon launch its Internet shopping platform Buy.qq.com, which plans to introduce an overseas B2C service in 2012.
Shanghai-based e-commerce company Lenian.cn has gained a CNY20 million infusion from an investment management company in Hangzhou, China.
Alipay.com, the third-party Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has launched a new Internet trading platform for second-hand products.
Tmall.com, the B2C section of Alibaba’s Taobao.com website, has published a report stating that its 2012 contract signings and renewals, which were planned to be launched on October 17, 2011, have been postponed.
China Dongxiang has published a report, stating that it will invest USD100 million in the Chinese B2B e-commerce group Alibaba via its wholly-owned subsidiary.
Alipay.com, Alibaba’s third-party Internet payment subsidiary, and Newegg.com.cn, the Chinese branch of the U.S.-based Internet electronics and digital products retailer, have reportedly formed a strategic partnership.
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.
Chinese B2C e-commerce website 360buy.com has reportedly invested in Beijing Haoyaoshi Pharmacy Chain Company, a subsidiary of Jointown Pharmaceutical Group Company Ltd.
Chinese search engine Baidu.com announced that is plans to make a USD306 million investment in Qunar.com, a Chinese travel search engine.
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.
Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has launched a new convenient Internet payment service.
Chinese Internet company Tencent has published its annual financial report for 2010, stating that its net profit increased by 56.2% year-on-year to CNY8.054 billion.
Chinese lifestyle information website Ganji.com has launched a new collective buying product, which will first cooperate with Womai.com owned by COFCO Group in providing group buying deals in Beijing.
Shanghai-based mail order and Internet retailer Mecox Lane has announced that Sina.com and China Dongxiang plan to purchase 117,505,755 ordinary shares from its two major shareholders, Maxpro Holdings Limited and Ever Keen Holdings Limited.
Jointly invested by Groupon, Tencent Collaboration Fund and Yunfeng Capital, the collective buying website Gaopeng.com has been launched in China.
Chinese online travel website eLong Inc. reported its unaudited financial results for the fourth quarter and full year ended December 31, 2010.
