If China’s top Internet search engine controls Chinese literature the way it delivers Internet search results, be prepared for Baidu.com to censor, misrepresent, and deliver books to Chinese readers in a way only a book-burner could love. Baidu is now extending its government-influenced Internet monopoly into the Chinese literature sector. Baidu Literature announced its establishment […]
An internal email from Shanda confirmed that the company has appointed Qiu Wenyou, former managing director of Bank of America Merrill Lynch, as its new president and chairman for Shanda Literature.
Qidian.com, a Chinese Internet literature website, announced its cooperation with PayPal for overseas payment services.
The B2C e-commerce website Dangdang.com reportedly plans to launch a new e-book business channel in the second half of December 2011.
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 billion.
Chinese B2C e-commerce website 360buy.com has announced that it has launched a campaign starting from June 1, 2011, to return 3% of its sales of books to the original writers.
Chinese Internet shopping website Dangdang.com, which focuses on the sale of books, has confirmed that Conor Yang, former chief financial officer of AirMedia Group, has joined the company as chief financial officer, preparing for the initial public offering of Dangdang.com.
