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.
This is Dangdang.com’s new move to divest itself of non-core businesses, and it recently completed outsourcing the operation of its home appliances and 3C businesses to Gome.
With the cooperation, Jiuxian.com will provide warehousing, logistics and after-sales services for Dangdang.com’s liquor products. Meanwhile, Dangdang.com’s alcoholic beverage products will have the same prices, inventory information, and promotions as those on Jiuxian.com.
A representative from Jiuxian.com said that the cooperation is expected to bring annual sales of CNY500 million. Prior to this, Hao Hongfeng, chief executive officer of Jiuxian.com, told local media that the company’s sales in 2011 were CNY500 million and it aimed at CNY2 billion in 2012.
President Donald Trump's move to exempt electronics from a sweeping U.S. tariff on China marks…
Erik Soby thought he had a shot at getting into medical school last year. The…
The Trump administration has indicated it will develop a new suite of tariffs on the…
Last week we highlighted the woes of a reader called Alison who bought what she…
Donald Trump’s tariff war has dived deeper into chaos after a cabinet official telegraphed new…
A nine-year-old child who tragically died after allegedly being accidentally shot on a rural property…