Tag Archives: ChinaTechNews.com

Chinese electronics and home appliances retailer Suning has released its performance report for the third quarter of 2011, stating that from January to September 2011, the company’s e-commerce business grew rapidly and realized sales of CNY4.079 billio…
A representative from the Chinese B2C retail website has confirmed that the company plans to launch its luxury website Toplife.com in November 2011. Online recruitment information of 360buy.com shows that the company is hiring a luxury goods procureme…
The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has completed its A-round financing and gained nearly CNY100 million investments from four organizations in China. As one o…
China Dongxiang has published a report, stating that it will invest USD100 million in the Chinese B2B e-commerce group Alibaba via its wholly-owned subsidiary. The investment will be completed via the acquisition of Yunfeng Fund LP’s interests. Accord…
The world’s search engine giant Google has launched the group buying search service in China, marking its formal entry into the saturated Chinese e-commerce market. The new service can search and list deals provided by Chinese group buying websites, i…
eBay reportedly expects its Greater China sales in 2011 to increase by between 30% and 40%, and the company will seek opportunities to acquire new assets to increase its market share in China. According to reports in foreign media, Jay Lee, general ma…