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.

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.

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

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

According to an insider from Tencent, the company's new B2B2C platform will be officially launched after the Chinese National Day and the first batch of six B2C partners will be introduced to users via this website.

China's online retail world is facing a fractured partnership as a leading shopping site ends an agreement with a top payment site.