Mads Faurholt-Jorgensen, vice president of Groupon, has reportedly revealed the company’s intention to enter the Chinese market.
Italy-based Translated unveiled an index showing that Chinese netizens rank among the highest in the world in their cumulative online purchasing power.
Chinese e-commerce company Alibaba.com has announced that it has launched local customer service business in India to increase its investments in this key marketplace.
Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People’s Bank of China and China Banking Regulatory Commission.
The China Internet Network Information Center has published its 26th report on the development of the Chinese Internet.
Sponsored by Taiwan Tourism Administration, the China Taian Mount Tai Travel Information Website taian.travel has launched its Japanese and Korean versions targeting major inbound tourist source markets of Taiwan: Japan and South Korea.
Taobao.com, the Chinese Internet shopping website owned by Alibaba Group, and Yahoo Japan, which is held by Japan’s Softbank Group, have reached a strategic cooperation deal.
Three months after Baidu’s announcement of its plan to set up a joint venture with the Japanese e-commerce operator Rakuten, the JV was formally founded in Beijing’s Tongzhou district last week.
According to reports in Financial Times, the world’s leading retailer Wal-Mart plans to launch e-commerce business in China and Japan and it is currently establishing the technology platform.
Chinese online game developer and operator Perfect World has signed an agreement to acquire a 100% stake in C&C Media, a Japanese online game operator, for USD21 million.
The public relations department of Chinese search engine Baidu.com has confirmed to local media that Li Mingyuan, general manager for Baidu.com’s Internet shopping branch Baidu Youa, is departing the company for personal reasons.
