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 […]

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.

Sina.com, China Dongxiang To Acquire 29% Stake In Chinese E-commerce Company

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.

China’s 360buy.com To Acquire Apparel Shopping Website

Chinese electronics-oriented B2C website 360buy.com has reached an acquisition agreement with Qianxun.com, a Korean-style apparel and accessories Internet shopping website.

China’s 9you.com Gains Internet Video License

Chinese online game operator 9you.com has announced that the company has gained an Information Network Communicated Audio-Video Program License, with the license number of 0910541, enabling it to operate online video businesses in China.