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.
First Major IPTV Online Store Launches In China
TVMall, China’s first online store based on the IPTV platform, has been launched.
Ctrip.com Posts Q3 China Internet Travel Financial Results
China’s top online travel website Ctrip.com International Ltd. today announced its unaudited financial results for the third quarter ended September 30, 2010, and stated total revenues of CNY863 million, representing a 48% increase from the same period in 2009 and a 16% increase from the previous quarter.
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.
APAC: 4,000 Fake “Taobao” Websites Closed By July 2010
The Anti-Phishing Alliance of China has announced that by the end of July 2010, the alliance had received 19,817 reports related to phishing websites, and e-commerce websites were the most imitated ones.
Ctrip.com Tumbles As Chinese Internet Travel Services Take Big Hit
The share price of China’s top online travel website, Ctrip.com, tumbled almost 14% today as word leaked that Chinese airlines were slashing commissions to Chinese travel agents.
eLong.com Launches Mobile Reservation Service
Chinese online travel service provider eLong.com has officially launched its mobile reservation service in Beijing.
Baidu, Rakuten’s Joint Website Launched In China
The B2B2C joint venture established by the Chinese search engine company Baidu and the Japanese e-commerce operator Rakuten has announced that it has formally adopted the Chinese name “Le Ku Tian” as the brand name of its online service platform Rakuten.com.cn, which is currently opened to e-commerce vendors for registration.
SFDA Exposes 30 Illegal Chinese Drug Selling Websites
China’s State Food and Drug Administration has published a bulletin in which it exposes 30 websites that have been allegedly selling fake medicines.
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.
Wal-Mart Might Launch E-commerce Business In China
According to reports in Financial Times, the world’s leading retailer Wal-Mart plans to launch e-commerce business in China and Japan and it is currently establishing the technology platform.
China’s 360 To Open Hosting Source Code
Chinese Internet security solutions provider 360 has published a commitment for user privacy protection and announced at the same time that it will submit its source code to China Information Technology Security Evaluation Center for hosting and testing.
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.
Baidu Posts Increased Search Engine Profit In China
Amidst news of a major security breach and the fleeing of its chief technology officer, Chinese search engine Baidu.com has managed to post increased profit for the end of 2009.