China’s Tencent To Introduce Overseas B2C Services In 2012

Chinese Internet company Tencent will soon launch its Internet shopping platform Buy.qq.com, which plans to introduce an overseas B2C service in 2012.

Kaixin001.com’s Group Buying Business To Be Operated By Ftuan.com

Chinese social networking site Kaixin001.com has announced that its group buying business, which it previously operated on its own, will transform to a third-party cooperation model.