Qidian.com, a Chinese Internet literature website, announced its cooperation with PayPal for overseas payment services.
Chinese Internet security company Kingsoft Network announced that its secured web browser has formally started public beta tests.
Chinese B2C e-commerce website 360buy.com has published its latest operating statistics, stating that by April 2012, the company had gained 40 million registered users and its order volume reached 400,000 each month in March and April this year.
Chinese B2C e-commerce website Dangdang.com and Chinese alcoholic-oriented e-commerce website Jiuxian.com jointly announced that Jiuxian.com has become the exclusive operator of Dangdang.com’s alcoholic beverages channel.
Chinese B2C e-commerce website Dangdang.com announced that its chief financial officer Conor Chia-huang Yang has resigned due to personal reasons.
China’s Ganji.com and 55tuan.com have jointly announced that 55tuan.com has become the operator of Ganji.com’s group buying business.
Chinese third-party Internet payment company 99bill.com announced that it will launch a new brand image and its new brand core value will focus on providing professional and effective liquidity management solutions to enterprises.
Chinese e-commerce firm Dangdang.com is unveiling its own clothing line.
Mecox Lane Limited, operator of the Chinese apparel and accessories e-commerce website M18.com, has announced plans to open its logistics platform and share it with other e-commerce operators in the country.
In observance of Consumer Rights Day, Chinese search engine company Baidu Inc. launched a special campaign to enhance Internet security in China.
Chinese B2C e-commerce website 360buy.com has announced its latest personnel change with the appointment of Chen Shengqiang, former vice president of finance, as its first chief financial officer.
Chinese Internet security company Kingsoft published its latest Chinese Internet security report, stating that the number of new viruses decreased in 2011 while the attacks targeting Internet shopping in China continued to surge.
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.
Chinese social shopping search engine B5M announced a USD7.1 million Series A investment round led by Oak Investment Partners and Giosis Holdings.
Chinese B2C e-commerce website 360buy.com launches its e-book platform later today, and the new service will be further expanded to mobile devices in the future.
Amazon.cn, the Chinese branch of the American Internet retailer, has adjusted its delivery standards and will now charge a CNY5 delivery fee for any order under CNY29.
Chinese B2C e-commerce website 360buy.com has announced that Wang Yaqing, former global vice president for Oracle, has joined the company to become its first chief technology officer.
Chinese B2C e-commerce website 360buy.com has launched a new pick-up service along subway lines in Beijing, covering 20 stations on Line 5 and Line 10.
Chinese Internet portal NetEase.com closed L.163.com, its luxury goods Internet shopping platform, on December 31, 2011.
Chinese Internet portal NetEase.com has launched a new coupon platform, Quan.163.com, marking its latest online move following the unveiling of its recent lottery and insurance e-commerce businesses.
Chinese Internet company Tencent will soon launch its Internet shopping platform Buy.qq.com, which plans to introduce an overseas B2C service in 2012.
Coach, a leading American designer and maker of luxury lifestyle handbags and accessories, has signed a memorandum of understanding with Taobao.com, the Chinese Internet shopping subsidiary of Alibaba Group, to prevent the sale of fake Coach products on this Chinese website.
The B2C e-commerce website Dangdang.com reportedly plans to launch a new e-book business channel in the second half of December 2011.
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.
Chinese group buying website Meituan.com announced that Gan Jiawei, former vice president of Alibaba.com, will join the company as its new chief operating officer.
Cloudary Corporation, the wholly-owned Internet literature subsidiary of Shanda Interactive Entertainment Limited, has announced a strategic investment in Byread.com, a Chinese mobile reading platform, and the two parties will implement cooperation in providing copyrighted contents in China.
Chinese mobile browser developer UCWeb has officially established a new subsidiary in New Delhi, India, and the company launched its latest UCWeb 8.0 version for Android in the country.
