South Korea’s Lotte.com Inks Internet Payment Deal With China’s Alipay
Chinese third-party Internet payment company Alipay revealed that the company has reached a deal with South Korean website Lotte.com to provide a RMB payment channel to Chinese users who shop on the website. Furthermore, the products purchased on the website will be directly shipped from South Korea to China. Lotte.com and the Lotte duty free […]
Vistra expands China operations with ICSME Corporate Services acquisition
Shanghai, China, November 16, 2013 /ChinaNewswire.com – Xinwengao.com/ – Vistra, the fast growing global independent trust and fiduciary firm, announced today the acquisition of ICSME’s corporate services division. Founded in 2007, ICSME is a privately held full-service turnkey market entry service provider for international companies entering the Chinese market. The acquisition of ICSME’s corporate services … >>>
This press release has been syndicated from China Newswire – Social Media Content Marketing Press Releases For China
Alibaba Signs MOU With Credit Card Company
Chinese e-commerce and online payment behemoth Alibaba Group has signed a memorandum of understanding with MasterCard.
Email Confirms Jack Ma’s CEO Resignation At Alibaba Group
Jack Ma, chairman of the board of directors of Alibaba Group, sent an internal company mail, stating that starting from May 10, 2013, he will no longer serve as chief executive officer of Alibaba Group and will fully focus on the work as chairman of the group.
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.
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.
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.