Chinese real estate portal Soufun.com has officially established a headquarters in Shanghai to support its operation in 15 cities in East China.
Chinese electronics and home appliances retailer Gome’s e-commerce website and the maternal and baby products website Qinqinbaby.com have signed a strategic cooperation agreement to jointly operate a maternal and baby products channel.
Lotte’s duty free store has launched the Chinese-language Internet shopping website, providing convenience to the ever-growing Chinese tourists in South Korea.
Alipay.com, the Internet payment subsidiary of Alibaba Group, confirmed that the company has formally established a new rural business unit, aiming to reach non-e-commerce users in third- and fourth-tier cities as well as in rural areas.
Just in time to halt Christmas consumer joy in China, Google has ended its shopping search service in the country.
Chinese Internet company Tencent’s online payment service Tenpay and American Express have reached cross-border payment cooperation and the two parties have jointly launched a new virtual payment product.
Chinese B2C e-commerce website 360buy.com announced the launch of its new digital music zone, which is the company’s latest digital business following areas covering e-books, e-magazines, and multimedia books.
Chinese B2C e-commerce website Dangdang.com and Alibaba’s B2C Internet shopping site Tmall.com have jointly announced that Dangdang.com has opened a flagship store on Tmall.com, selling books and daily commodities.
Official information from Amazon China confirmed that Wang Hanhua, president and CEO for Amazon China, will depart the company, and Amazon China will find a replacement as soon as possible.
With an eye towards a potential overseas initial public offering, Chinese B2C e-commerce website 360buy.com has started the public beta testing of its English-language website, directly selling products to overseas buyers.
Chinese third-party Internet payment service provider Alipay.com and the health consulting and medical treatment guidance platform 95169.com have reached a deal to provide Internet hospital registration services to users of Alipay.com.
Privately-owned Chinese B2C e-commerce website 360buy.com confirmed that it is developing an open platform advertising system for third parties.
Suning.com, the e-commerce platform of Chinese electronics retailer Suning, announced that it has invested USD66 million to acquire the Chinese e-commerce website for baby and maternity products Redbaby.com.cn.
Suning.com, the e-commerce platform of Chinese electronics and home appliances retailer Suning, revealed that they will launch a new nationwide group discount buying service this week.
Blizzard Entertainment and NetEase.com, the operator for World of Warcraft in mainland China, have jointly announced that Mists of Pandaria, the fourth expansion of World of Warcraft, will open in mainland China on October 2, 2012, realizing global synchronization for the first time.
China’s Ministry of Commerce has drafted the “Network Retailing Management Approach”, which will cover more than 40 guidance items surrounding e-commerce activities in China.
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.
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.
