Chinese B2C e-commerce website Dangdang.com has released its financial report for the second quarter of 2011, stating that its operating revenue increased by 53.3% year-on-year to CNY790.8 million, which was about USD122.3 million; while its net losses also increased by 60% year-on-year to CNY28.4 million, which was about USD4.4 million.

One of the largest instant bean noodles companies in China, Sichuan Baijia Food Company, has announced plans to enter China's online direct sales sector from the end of March 2009.

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.