Who Knew Chinese Food Delivery Could Get So Big?

takeoutNow that Ele.me’s agreement with Alibaba and Ant Financial for a combined USD1.25 billion investment is signed, the company has …

Over 80% Of Chinese Families Shopped Online Last Year

China Central Television published a report on China’s economic life between 2013 and 2014 which shows that 81.52% of Chinese families had online shopping experiences in 2013. Compared with other consumer groups, university students and people in management positions shopped online more often, especially those in the 18-25 age demographic. By region, citizens in Hainan, […]

JD.com Publishes E-commerce Open Platform Support Plans

During its first open platform partner conference, Chinese B2C e-commerce website JD.com published four major support plans, covering technology, logistics, service, and finance.

China’s Tudou.com Readies IPO After Settling Executive’s Marital Lawsuit

Chinese online video website Tudou.com has updated its filings with the U.S. Securities and Exchange Commission for a planned initial public offering this week.

China’s Phoenix New Media Announces IPO Plans

Chinese online news and video media service Phoenix New Media Limited filed its F-1 statement with the United States Securities and Exchange Commission in a bid to raise up to USD200 million in an initial public offering.

China’s CNTV.cn, CCTV.com To Realize Unified Operation In Late May

Xia Xiaohui, deputy general manager of China Network Television (CNTV), revealed during an Internet economy development forum in the Yangtze River Delta that CNTV.cn and CCTV.com will be merged at the end of May 2010 and CCTV.com will become a sub-brand of CNTV.cn.

The9 To Acquire Majority Stake In Red 5 Studios

Days after Chinese online game developer and operator The9’s president announced her departure from the helm of the company, the company has now gone ahead with plans for expansion with the acquisition of an American company.

The9 Bids Farewell To President In China

Chinese online game developer The9 Limited announced that its president will not have her employment contract extended.

CNTA Signs MOU With Five Online Media For Chinese Internet Travel Services

The China National Tourism Administration has signed a Tourism Promotion Close Cooperation Agreement with People.com.cn, Xinhuanet.com, CCTV.com, ce.cn and Sina.com.

Chinese Internet Video Rivals Join Forces On Copyright Issues

According to local media reports, rival Chinese video websites Youku.com and Tudou.com have formed an alliance and jointly launched a new online video joint broadcast model, sharing the copyright of each other’s exclusive videos.

China’s Alibaba Buys New Domain Name For Internet Wholesale Business

Chinese B2B e-commerce group Alibaba has bought a new domain name, 1688.com, for the launch of its new online wholesale business.

Baidu Begins New Internet Video Enterprise In China

Chinese search engine firm Baidu Inc. is launching a new company to provide advertising-supported online video services in China.