Business Intelligence on Retailing, Franchising, and Consumerism in China


Daoyao.com Cooperates With 99bill.com To Develop Online Drugstore

Daoyao.com, the online drugstore branch of Shanghai Fosun Pharmaceutical, has announced that the company has reached an agreement with the third party payment platform 99bill.com to jointly develop the online drugstore sector.

According to this agreement, 99bill.com will become the preferential payment platform for Daoyao.com and the two companies will establish a standard online drugstore for consumers with convenient medicine search and purchase services.

As one of the nine authorized online drugstores in China, Daoyao.com not only offers various over the counter medicines, but also sells other medical-related products, including health food, beauty products, herbal products, and medical instruments. After finishing the selection of goods, consumers can click to enter the payment system and pay through 99bill.com's platform with such methods as bank cards and 99bill.com account.

Daoyao.com says that only if the online drugstore can provide the consumers with convenient, low-priced, and effective services and make customers the focus of these services, can it continue to perform well.

Guan Guoguang, CEO of 99bill.com, said that online shopping has become a lifestyle for the busy city people and even medicines –products that are strictly controlled by the state — have been included in the shopping categories of the Internet. With the goal of making e-payment a part of people's life, 99bill.com's entry into the medical sector is another step towards this target. He added that 99bill.com is planning to offer more value added payment services.

To date 99bill.com has launched various payment services, cooperating with corporations that include NetEase.com, Sohu.com, Baidu.com, Dangdang.com, and Gome. As at September 30, 2008, the Internet company had over 28 million registered users.






Be the first to comment on "Daoyao.com Cooperates With 99bill.com To Develop Online Drugstore"

Leave a comment

Your email address will not be published.


*




  Other China News

ChinaTechNews.com:

AutoNavi, Delphi Reach Deal

Hisense's Net Profit Down 47.39% In First Three Quarters Of 2017

Airbnb China Head Resigns

DMG To Buy China Rights Of Forbes Brand


GreenChinaTech:

Chinese Electric Bus Manufacturer Lands USA Deal

American Electric Car Manufacturer To Build In China

U.S. Clean Water Company Makes Chinese Inroads

GE Will Promote Wind Power Through New Chinese Education Center


ChinaSourcingNews.com:

JD To Build Global Logistics Headquarters In Xi'an

Wumart, AGS Sign Agreement For Seafood Direct Procurement

India Gains Second Factory From China's Xiaomi

85% of Indian Staff To Lose Jobs At China's LeEco