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 search engine company Baidu.com announced last week that it has started business adjustments concerning its Youa platform, and the consumer-to-consumer business of the platform will be closed in one month.
Li Guoqing, joint president of the Chinese Internet shopping website Dangdang.com, has announced that the company will stop putting advertisements on search engine Baidu.com from April 2011 due to the recent accusation that Baidu.com is involved in literature and music piracy.
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.
Chinese search engine Baidu.com and an e-commerce subsidiary of Alibaba, Taobao.com, have just been placed on the United States Trade Representative’s “Notorious Markets List”.
Taobao.com, the Internet shopping subsidiary of the Chinese e-commerce group Alibaba, has announced that the year 2011 will be a year of openness for Taobao.com, and the company will cultivate third-party developers, enterprises and service providers in various sectors.
Munich-headquartered Wirecard AG and the Chinese third-party Internet payment platform Alipay.com have signed a cooperation agreement to provide fast and secure payment services to Internet users.
An insider from the Chinese Internet company Tencent has confirmed to the local media that the American collective buying website Groupon will establish a joint venture with Tencent to enter the Chinese market, and the CEO of the new company will be assigned by Tencent.
Mads Faurholt-Jorgensen, vice president of Groupon, has reportedly revealed the company’s intention to enter the Chinese market.
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.
Chinese B2C e-commerce website Dangdang.com 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.
Chinese Internet companies Kingsoft and Tencent have announced their intentions to join Baidu’s recently launched campaign to make the Chinese Internet a safer place.
TVMall, China’s first online store based on the IPTV platform, has been launched.
Chinese electronics and home appliances retailer Gome announced that it has acquired an 80% stake in the business-to-consumer home appliances website Coo8.com, but no financial details have been disclosed.
Alipay, the third-party Internet payment subsidiary of Alibaba Group in China, has announced the launch of a new strategy to open its platform to external service providers.
Italy-based Translated unveiled an index showing that Chinese netizens rank among the highest in the world in their cumulative online purchasing power.
Amidst a shuffle of blog posts and news reports in China, rumors are forming that Chinese e-commerce company Dangdang.com is planning an initial public offering on Nasdaq sometime in the next few weeks.
Chinese e-commerce company Alibaba.com has announced that it has launched local customer service business in India to increase its investments in this key marketplace.
Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People’s Bank of China and China Banking Regulatory Commission.
Chinese Internet retailer Dangdang.com has announced that they will launch a home return and refund service in 800 Chinese cities.
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.
Chinese electronics B2C provider 360buy.com has announced that it has cooperated with the China Consumers’ Association in setting up an advance refund security deposit system for consumers.
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.
More than 1,000 suppliers, publishers, and Internet retailers, including Dangdang.com, 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 e-commerce company Alibaba.com has entered into an agreement to acquire Auctiva, a third-party developer of tools for eBay sellers.
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.
