UCWeb, a leading provider of mobile Internet software technology and browser services in China, plans to establish its operating platform in America in 2012.
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 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.
Chinese B2C e-commerce website Dangdang.com has published its unaudited financial results for the fourth quarter of 2011, stating that due to a gross profit decline and the increase of marketing expenses, it made net losses of CNY129.8 million during the reporting period.
Chinese social shopping search engine B5M announced a USD7.1 million Series A investment round led by Oak Investment Partners and Giosis Holdings.
Amazon.cn, the Chinese branch of the American Internet retailer, has adjusted its delivery standards and will now charge a CNY5 delivery fee for any order under CNY29.
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 online game developer and operator Changyou.com Limited and its majority shareholder Sohu.com Inc. have jointly announced that the two parties have entered into a definitive agreement under which Changyou.com will acquire 17173.com, a leading gaming information portal in China, from Sohu.com for USD162.5 million.
Shanghai-based e-commerce company Lenian.cn has gained a CNY20 million infusion from an investment management company in Hangzhou, China.
Alipay.com, the third-party Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has launched a new Internet trading platform for second-hand products.
Chinese group buying website Meituan.com announced that Gan Jiawei, former vice president of Alibaba.com, will join the company as its new chief operating officer.
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.
Tenpay, the Internet payment subsidiary of Chinese technology firm Tencent, and American Express have reached an agreement to jointly provide Internet payment services to Tenpay’s overseas users who purchase goods from American Express vendors.
Alipay.com, Alibaba’s third-party Internet payment subsidiary, and Newegg.com.cn, the Chinese branch of the U.S.-based Internet electronics and digital products retailer, have reportedly formed a strategic partnership.
Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has reached an agreement with OnCard International to acquire its third-party payment service subsidiary, OnCard Payments.
PayPal, the third-party Internet payment platform of eBay, has announced that it will terminate its cooperation with AliExpress, the worldwide site of the Chinese B2B e-commerce group Alibaba, from August 3, 2011.
The People’s Bank of China has published a report saying that it has issued licenses for non-financial institutions to operate payment businesses to 27 companies, including Alipay.com.
Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has launched a new convenient Internet payment service.
Munich-headquartered Wirecard AG and the Chinese third-party Internet payment platform Alipay.com have signed a cooperation agreement to provide fast and secure payment services to Internet users.
China’s B2B e-commerce group Alibaba and Shanghai Rural Commercial Bank have reached a comprehensive strategic cooperation agreement to jointly provide services to small- and medium-sized enterprises as well as farmers in rural areas in China.
Alipay, the third-party Internet payment subsidiary of Alibaba Group in China, has announced the launch of a new strategy to open its platform to external service providers.
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 People’s Bank of China’s second generation Internet payment system, which is also know as the super online banking system, has been formally launched in Shenzhen, Tianjin, Beijing, and Guangzhou.
Chinese Internet retailer Dangdang.com has announced that they will launch a home return and refund service in 800 Chinese cities.
The China Telecom Chongqing branch has launched a new mobile payment platform for students, aiming to promote the information development on campuses via the Internet of Things technologies.
Chinese electronics B2C provider 360buy.com has announced that it has cooperated with the China Consumers’ Association in setting up an advance refund security deposit system for consumers.
Alipay.com, the Chinese third-party Internet payment platform and a subsidiary of the B2B e-commerce group Alibaba, has launched a joint security and risk control program with major Chinese banks.
