Privately-owned Chinese B2C e-commerce website 360buy.com confirmed that it is developing an open platform advertising system for third parties.
Ma Mingzhe, chairman of Ping An Insurance (Group) Company of China, Ltd, confirmed to Chinese local media that the company has cooperated with Alibaba Group and Tencent Group in the establishment of a new insurance joint venture for Chinese consumers.
Hangzhou-based China E-commerce Research Center has published a data monitoring report on the Chinese B2B e-commerce market for the first half of 2012, stating that by June 2012, the trade scale of the Chinese B2B e-commerce market reached CNY2.95 trillion, a year-on-year increase of 13%.
Alibaba Group’s collective buying subsidiary Juhuasuan.com and Internet payment subsidiary Alipay.com have formed alliance with Focus Media to jointly develop the Chinese online to offline market.
Alipay.com, the Internet payment subsidiary of Alibaba Group, launched a new platform to integrate various Internet accounts, covering Internet shopping and banking.
Chinese Internet shopping website Taobao.com has launched an application store under the domain App.taobao.com.
Microsoft and Alipay.com have signed a strategic letter of intent in Beijing, stating that the two parties will jointly develop and distribute services to enhance Internet security and privacy protection for Chinese users.
Chinese telecom operator China Unicom announced that following a period of trial operation, its official flagship store on the e-commerce website Taobao.com has formally launched, making it China Unicom’s second largest Internet store.
Chinese e-commerce group Alibaba will add a chief risk officer to its executive team, and Shao Xiaofeng, former secretary general for Alibaba, will be the first CRO of the group.
Chinese B2C e-commerce website 360buy.com has announced plans to offer interest-free housing and car loans to employees, and the total amount available will reach several hundred million Renminbi.
Chinese Internet security company Kingsoft published its latest Chinese Internet security report, stating that the number of new viruses decreased in 2011 while the attacks targeting Internet shopping in China continued to surge.
Alibaba Group and its Hong Kong-listed unit Alibaba.com have jointly announced that Alibaba Group has proposed an offer to the board of directors of Alibaba.com to take the company private.
Rovio Entertainment Limited, developer of Angry Birds, has further expanded into the Chinese market by opening an official flagship store on Tmall.com, the B2C section of the Chinese e-commerce website Taobao.com.
Coach, a leading American designer and maker of luxury lifestyle handbags and accessories, has signed a memorandum of understanding with Taobao.com, the Chinese Internet shopping subsidiary of Alibaba Group, to prevent the sale of fake Coach products on this Chinese website.
In meetings concluded last week in the central Chinese city of Chengdu, the United States and China agreed on a number of initiatives that may provide more fairness and transparency to foreign businesses operating in China.
Alipay.com, the third-party Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has launched a new Internet trading platform for second-hand products.
Chinese group buying website Meituan.com announced that Gan Jiawei, former vice president of Alibaba.com, will join the company as its new chief operating officer.
Tmall.com, the B2C section of Alibaba’s Taobao.com website, has published a report stating that its 2012 contract signings and renewals, which were planned to be launched on October 17, 2011, have been postponed.
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.
Alipay.com, Alibaba’s third-party Internet payment subsidiary, and Newegg.com.cn, the Chinese branch of the U.S.-based Internet electronics and digital products retailer, have reportedly formed a strategic partnership.
Chinese e-commerce website Alibaba.com has published a notice about user identifications on its Chinese website, aiming to promote real-name registration on its website.
Chinese social networking website Renren.com has announced that it will launch an interest-free housing scheme, and employees can apply for loans of between CNY200,000 and CNY400,000.
Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has reached an agreement with OnCard International to acquire its third-party payment service subsidiary, OnCard Payments.
Chinese B2C e-commerce website 360buy.com has published a notice, stating that its cooperation with Alipay.com, the Internet payment subsidiary of Alibaba Group, expired on August 24, 2011, and the company will now stop the use of payment services at Alipay.com.
Chinese B2B e-commerce group Alibaba has announced plans to launch a CNY3 billion housing loan scheme for its employees and a CNY500 million education fund to solve the preschool and primary education problems of children of its employees.
Chinese e-commerce group Alibaba will soon launch a new cloud mobile operating system.
Internet domain name registry service provider Afilias Limited is working with Alibaba.com’s HiChina to help Chinese brands take advantage of ICANN’s new TLD program.
Chinese B2B e-commerce group Alibaba has announced that to serve the customers more effectively and to ensure the competitiveness and innovation of Taobao.com, the group has decided to separate this subsidiary into three independent companies.
