Chinese B2C e-commerce website Dangdang.com announced the formal launch of a new lifestyle department, which will be responsible for operating services such as mobile phone fee recharges, group discount platform, and tourism products.
Chinese Internet retailer Vancl.com has launched a new site with the independent domain Vancl.vn in Vietnam to further expand into the overseas market.
A representative from Suning.com, the e-commerce platform of electronics retailer Suning, told local media that their negotiation for the acquisition of Redbaby.com, a Chinese e-commerce website for baby and maternal products, has entered the financial audit stage, and the deal is expected to be closed in the third quarter of 2012.
Chinese spirits and alcohol B2C e-commerce website Jiuxian.com announced that the company has gained additional investment of CNY200 million.
Chinese social networking company Renren.com has published its unaudited financial report for the second quarter of 2012, reporting USD3.6 million net operating revenue from its group buying service site Nuomi.com.
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.
Spain’s Inditex, parent company of the fast fashion brand Zara, has announced plans to launch an Internet apparel store in China in September 2012.
Chinese group buying website Meituan.com published its latest sales statistics, claiming that the company achieved sales of CNY440 million in June 2012.
Chinese Internet shopping website Taobao.com has launched an application store under the domain App.taobao.com.
Apple has confirmed that it has launched its iTunes store in 12 new markets in Asia, including Hong Kong, allowing its users in these regions to buy and download music and videos more conveniently.
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.
Ftuan.com, a Chinese group buying website, and Gaopeng.com, the joint venture between Tencent and Groupon, have reportedly completed their merger and integration, and the new company will be led by Lin Ning from Ftuan.com.
Travel agents around the world using Sabre’s system to book online tickets for some Chinese airlines now can breathe a sigh of relief.
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.
Meituan.com, one of many Chinese group buying websites, has revealed its sales statistics for the first five months of 2012, stating that its overall sales reached CNY1.476 billion, and the company expected to realize profit by the end of the year.
American e-commerce group Amazon has officially located its Asia-Pacific headquarters in the Chaoyang District of Beijing.
Qidian.com, a Chinese Internet literature website, announced its cooperation with PayPal for overseas payment services.
Chinese Internet security company Kingsoft Network announced that its secured web browser has formally started public beta tests.
Ma Huateng, chairman and chief executive officer of Tencent, has announced plans to invest USD1 billion in its independently operated e-commerce holding company.
Chinese B2C e-commerce website Dangdang.com announced a new evening delivery service in eight cities in China, extending the company’s delivery time to 22:00.
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 B2C e-commerce website 360buy.com has published its latest operating statistics, stating that by April 2012, the company had gained 40 million registered users and its order volume reached 400,000 each month in March and April this year.
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.
Chinese B2C e-commerce website Dangdang.com announced that its chief financial officer Conor Chia-huang Yang has resigned due to personal reasons.
China’s Ganji.com and 55tuan.com have jointly announced that 55tuan.com has become the operator of Ganji.com’s group buying business.
Chinese third-party Internet payment company 99bill.com announced that it will launch a new brand image and its new brand core value will focus on providing professional and effective liquidity management solutions to enterprises.
