Chinese business-to-business e-commerce firm Alibaba.com Limited has entered into an agreement to acquire Shenzhen One-Touch Enterprise Service Limited, a provider of one-stop services for exporters in China, for an undisclosed sum.
Chinese e-commerce company Alibaba.com has announced that it has launched local customer service business in India to increase its investments in this key marketplace.
Huawei plans to set up a network equipment manufacturing plant in Chennai, a city in southern India, before the end of 2010.
Alibaba.com, the listed unit of the Chinese B2B e-commerce group Alibaba, has announced that it has reached a wholly purchase agreement with the American e-commerce company Vendio.
Chinese B2C e-commerce website 360buy.com plans to set up a third-party open platform to improve its services.
Chinese B2B e-commerce group Alibaba has established a small loan company in Zhejiang to provide loans below CNY500,000 to its sourcing and procurement clients in Zhejiang.
Chinese B2B e-commerce company Alibaba.com has published its financial report for the first quarter of 2010, stating that its registered members, operating revenue, and profit saw overall increases.
Taobao.com, the Chinese Internet shopping website owned by Alibaba Group, and Yahoo Japan, which is held by Japan’s Softbank Group, have reached a strategic cooperation deal.
Aliexpress.com, the newly launched Internet wholesale e-commerce subsidiary of the Chinese B2B e-commerce company Alibaba.com, and the international logistics giant UPS have recently formed a strategic alliance.
To handle the post-crisis credit problems of Chinese small- and medium-sized enterprises, Alibaba.com, the listed unit of the Chinese B2B e-commerce group Alibaba, has launched an entry-level service tool for corporate credit construction and e-commerce.
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.
PayPal, the Internet payment subsidiary of the American e-commerce company eBay, has reached a deal with the Chinese intra-bank card system operator China UnionPay, to allow China UnionPay’s card holders to use PayPal as a payment tool when shopping on overseas websites.
Chinese B2B e-commerce group Alibaba has reached cooperation with Ludatrade, a Brazilian company that specializes in e-commerce solutions, marking Alibaba’s formal entry into the Brazilian market.
EBay’s online payment subsidiary PayPal is negotiating with the Chinese B2B e-commerce group Alibaba, aiming to introduce its online payment service in China into Alibaba’s worldwide site of AliExpress.
Chinese online auction website Taobao.com has launched an e-commerce rights protection platform with the approach of March 15, World Consumer Rights Day.
Chinese B2B e-commerce company Alibaba.com has announced that its new online wholesale website, 1688.com, was formally launched on March 9, 2010, and the wholesale traffic reached a whopping 6.39 million people on the first day.
