Suning’s Latest Strategy Mixes Chinese Suppliers With Online Commerce

Suning.com, the Internet retail platform of the Chinese home appliances retailer Suning, has announced its open platform strategy, stating that it will fully open its data information, logistics and funding platforms.

Spanish Retailer Eyes Chinese E-commerce Opportunity

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.

China’s Meituan.com Reports Semi-annual Sales Of CNY1.916 Billion

Chinese group buying website Meituan.com published its latest sales statistics, claiming that the company achieved sales of CNY440 million in June 2012.

Internet Death Knell As Group Discount Buying Websites Merge In China

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.

Meituan.com Claims CNY1.476 Billion In Sales So Far In 2012

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.

China’s 360buy.com Publishes Latest Operating Statistics

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.

China’s Dangdang.com, Gome Sign Exclusive E-commerce Agreement

Yao Danqian, senior vice president of Dangdang.com, told local media that the website has signed an exclusive agreement with the home appliances retailer Gome for large home appliances and Dangdang.com henceforth not sell large home appliances.

Chinese E-commerce Company Begins Branded Clothing Line

Chinese e-commerce firm Dangdang.com is unveiling its own clothing line.

Amazon Chooses Tianjin For New Chinese Logistics Base

Amazon.cn has announced the formal launch of its new operating center in Tianjin, which is the B2C e-commerce retailer’s eleventh operations center in China.

Amazon Tries To Save Cash By Halting Free Deliveries In China

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.

360buy.com Inaugurates Pick-up Service Along Beijing’s Subway Lines

Chinese B2C e-commerce website 360buy.com has launched a new pick-up service along subway lines in Beijing, covering 20 stations on Line 5 and Line 10.

NetEase.com Launches Internet Coupon Platform In China

Chinese Internet portal NetEase.com has launched a new coupon platform, Quan.163.com, marking its latest online move following the unveiling of its recent lottery and insurance e-commerce businesses.

Taobao.com, Coach Form Internet Alliance Against Chinese Fakes

Coach, a leading American designer and maker of luxury lifestyle handbags and accessories, has signed a memorandum of understanding with Taobao.com, the Chinese Internet shopping subsidiary of Alibaba Group, to prevent the sale of fake Coach products on this Chinese website.

E-books Coming Online This Month In China

The B2C e-commerce website Dangdang.com reportedly plans to launch a new e-book business channel in the second half of December 2011.

Suning’s E-commerce Website Launches Book Channel

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.

CNNIC: China’s Internet Group Buying Users Reached 42.2 Million

The China Internet Network Information Center has published a report on the activities of Chinese group buying users for 2011 in Beijing, stating that by June 2011, there were 42.2 million online group buying users in China, an increase of 125% compared with six months ago.

360buy.com Finally Launching Luxury Retail Website In China

A representative from the Chinese B2C retail website has confirmed that the company plans to launch its luxury website Toplife.com in November 2011.

Chinese Tea Leaf B2C Platform Gains CNY100 Million Investment

The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has completed its A-round financing and gained nearly CNY100 million investments from four organizations in China.

Alibaba’s Internet Payment Subsidiary Loses Online Retailer In China

Chinese B2C e-commerce website 360buy.com has published a notice, stating that its cooperation with Alipay.com, the Internet payment subsidiary of Alibaba Group, expired on August 24, 2011, and the company will now stop the use of payment services at Alipay.com.

Suning Unveils After-sales Nanjing Technical Training Center

Chinese home appliances and electronics retailer Suning has announced that after six months of preparation and construction, its after-sales technical training center has been formally put into operation, making it the first after-sales technical training platform in the Chinese home appliances retail industry.

360buy.com Teams With Jointown To Explore Chinese Internet Medicine Sales

Chinese B2C e-commerce website 360buy.com has reportedly invested in Beijing Haoyaoshi Pharmacy Chain Company, a subsidiary of Jointown Pharmaceutical Group Company Ltd.

Chinese Group Buying Report Reveals Sales Drop

Chinese group buying navigation website Tuan800.com has published a report covering statistics for May 2011, stating that Meituan.com ranked first in China with sales of CNY75.2 million.

Walmart Takes E-commerce Leap In China

Yihaodian.com, a Chinese business-to-consumer shopping website, has announced that it has reached a strategic cooperation agreement with Walmart Stores Inc. to jointly develop services for the Chinese retail market.

Baidu.com To Close Youa E-commerce Business In One Month

Chinese Internet search engine company Baidu.com announced last week that it has started business adjustments concerning its Youa platform, and the consumer-to-consumer business of the platform will be closed in one month.

China’s Ganji.com Develops Group Buying Internet Service With COFCO

Chinese lifestyle information website Ganji.com has launched a new collective buying product, which will first cooperate with Womai.com owned by COFCO Group in providing group buying deals in Beijing.

Sina.com, China Dongxiang To Acquire 29% Stake In Chinese E-commerce Company

Shanghai-based mail order and Internet retailer Mecox Lane has announced that Sina.com and China Dongxiang plan to purchase 117,505,755 ordinary shares from its two major shareholders, Maxpro Holdings Limited and Ever Keen Holdings Limited.

Alibaba.com, Taobao.com To Launch New Internet Shopping Platform

Alibaba.com and Taobao.com, the two subsidiaries of the Chinese e-commerce group Alibaba, jointly announced plans to launch a new Internet shopping website under the domain name of Lp.taobao.com.

China’s Dangdang.com Invests CNY40 Million For Sales Promotions

Chinese B2C e-commerce website Dangdang.com has announced that it will continue to follow a low-price strategy for its users and has invested CNY40 million to launch promotional activities, covering books, digital products, cosmetics, and maternal and baby products.