Fake Goods Kill Chinese E-commerce Hope

The sale of fake and counterfeit goods in China has finally ended the services of a major online shopping service. Chinese B2C e-commerce operator JD.com announced that they will stop services at Paipai.com on December 31, 2015, and after a three-month transition period the website will be completely shut down by April 1, 2016. Paipai.com […]

China’s Tencent Invests USD1 Billion In E-commerce Subsidiary

Ma Huateng, chairman and chief executive officer of Tencent, has announced plans to invest USD1 billion in its independently operated e-commerce holding company.