TVMall, China’s first online store based on the IPTV platform, has been launched.
Taiwan-based Clevo, owner of the technology products retail chain Buynow, has reached an agreement with Fuzhou, capital of Fujian province, and will launch a Buynow Digital Plaza project in the city.
Chinese electronics and home appliances retailer Gome announced that it has acquired an 80% stake in the business-to-consumer home appliances website Coo8.com, but no financial details have been disclosed.
China’s Ministry of Culture has published announcements on its official website stating that it has issued the first batch of four licenses for operating Internet cafe retail chains in China.
More than 1,000 suppliers, publishers, and Internet retailers, including Dangdang.com, Microsoft, Aigo, Wyeth, Lock & Lock, Commercial Press, and the People’s Literature Publishing House, have jointly published an “Internet Retailing Honesty Declaration” in China.
The Beijing E-commerce Industry Collaboration Committee has been established to encourage resource sharing and industry self-regulation, and to resist unhealthy competition.
The top management of KFC has for the first time made a public apology to consumers in China for the fake e-coupon claims circulating in chatrooms.
According to reports in Taiwanese local media, Udn.com, the official website of the island’s well-known news media United Daily News, has cooperated with Gohappy.com.tw, the online shopping website owned by Far Eastern Group in Taiwan, in the launch of a shopping channel.
According to reports in Financial Times, the world’s leading retailer Wal-Mart plans to launch e-commerce business in China and Japan and it is currently establishing the technology platform.
China’s Ministry of Culture has just promulgated a new rule to strengthen the management of netcafes and to promote the development of netcafe enterprises.
Taobao.com, the Internet shopping subsidiary of the Chinese B2B e-commerce group Alibaba, has announced that it has started to deploy authorized offline stores to provide convenience to consumers who cannot shop online in China.
Chinese Internet retailer Taobao.com will launch a software application store on January 15, 2010, marking a big leap for its Taobao Open Platform for online businesses.
