According to a 8-K form submitted by Sohu.com to the U.S. Securities and Exchange Commission, the Chinese business-to-business e-commerce company Alibaba.com will invest USD15 million to acquire a 10% stake in Sogou.com, a subsidiary of Sohu.com.
Alipay.com, the Chinese third-party Internet payment platform and a subsidiary of the B2B e-commerce group Alibaba, has launched a joint security and risk control program with major Chinese banks.
Chinese e-commerce company Alibaba.com has entered into an agreement to acquire Auctiva, a third-party developer of tools for eBay sellers.
The Beijing E-commerce Industry Collaboration Committee has been established to encourage resource sharing and industry self-regulation, and to resist unhealthy competition.
Chinese B2B e-commerce website 99114.com has announced plans to invest CNY10 million to set up an operating center in Jinhua, Zhejiang, to promote regional economic development.
Alibaba.com, the listed unit of the Chinese B2B e-commerce group Alibaba, has announced that it has reached a wholly purchase agreement with the American e-commerce company Vendio.
China’s largest retail website Taobao.com announced that its online travel channel Tao Lvyou has gone officially online, marking Taobao.com’s entry into the Internet tourism and business travel market.
Chinese B2B e-commerce company Alibaba.com has published its financial report for the first quarter of 2010, stating that its registered members, operating revenue, and profit saw overall increases.
Chinese B2B e-commerce group Alibaba has reached cooperation with Ludatrade, a Brazilian company that specializes in e-commerce solutions, marking Alibaba’s formal entry into the Brazilian market.
Chinese B2B e-commerce company Alibaba.com has announced that its new online wholesale website, 1688.com, was formally launched on March 9, 2010, and the wholesale traffic reached a whopping 6.39 million people on the first day.
Shanda Literature has acquired Readnovel.com, following recent acquisitions of several other Chinese literature websites, including Qidian.com, Hongxiu.com, Jjwxc.net, and Rongshuxia.com.
Days after it was reportedly attacked by Iranian hackers and the company’s chief technology officer quit, Chinese search engine Baidu.com has tried to change its wayward momentum with a newly inked joint venture with a Japanese e-commerce website.
Chinese Internet shopping website Taobao.com has announced that it has cooperated with its sister company Alipay.com and Bank of China in the launch of a joint-brand credit card.
Chinese B2B e-commerce group Alibaba has bought a new domain name, 1688.com, for the launch of its new online wholesale business.
Chinese e-commerce behemoth Alibaba Group is sparring with Yahoo, one of its partners, over statements Yahoo reportedly made last week about Google’s hacking situation.
Chinese online auction website Taobao.com has announced that Taobao Open Platform will spend CNY10 million to support the winners of its TOP Application Competition.
Chinese Internet retailer Taobao.com will launch a software application store on January 15, 2010, marking a big leap for its Taobao Open Platform for online businesses.
