China’s first e-commerce service report, released at the first China E-business Service Conference on Dec. 15 in Shanghai, said the market size of China’s e-business is taking a leap.
According to the report, by the end of 2011, the number of China’s …
Alipay, China’s leading third-party online payment platform and a subsidiary of the Alibaba Group, has spinned off its reward points service as a wholly-owned subsidiary to tap the country’s booming e-commerce market.
Jifen Bao, the relaunched reward …
The explosive growth of China’s online shopping market is attracting more and more international brands.
Benefit, LVMH Moet Hennessy (LVMH)’s well-known cosmetics brand, has officially opened a flagship store on Taobao Mall to attract China’s young co…
Five sets of industry standards, including standards about online shopping, were established at the re-election and 10th anniversary meeting of China’s National Standardization Technical Committee on Commercial Automation on Oct. 28.
The standardizat…
Alibaba’s spokesman John Spelich said on Oct.7 that the chairman of Alibaba Group, Ma Yun, announced his intention of acquiring Yahoo.
“Alibaba is very important to Yahoo, and Yahoo means the same to Alibaba,” said Ma during his speech at Stanford University on Friday.
China’s Ministry of Commerce started an action to clamp down on the infringement of intellectual of property rights as well as market counterfeits in December 2010. Since the campaign began, it has achieved positive results.
The action is mainly aimed…
Wal-Mart Stores Inc has reached an agreement to acquire a minority stake in Yihaodian.com. The agreement endorsed Yihaodian to sell Wal-Mart’s self-owned branded products, including Great Value, one of Wal-Mart’s most famous food brands in China.
Yih…
Robin Li, founder and chief executive officer of the search engine company Baidu Inc and the richest man on the Chinese mainland, has invested in 360buy.com, a company that started by mainly selling computers, communication and electronics over the Int…
Beijing-based Gaopeng.com, a group-buying portal set up on March 1, was going strong until a “lucky draw” saw it become mired in allegations of fraud that damaged the company’s reputation and tarnished the booming industry.
The company is owned by US-…