Kidswant, a Chinese one-stop shopping service provider for child, baby and maternity products, has signed a strategic cooperation agreement with Wyeth in Nanjing, headquarters of the Chinese company.
Maternal and child supplies e-commerce site Beibei.com announced that they will invest CNY500 million in the next 12 months to support 1,000 quality brands which have monthly sales of over CNY1 million.
Chinese maternal and child supplies e-commerce operator Beibei.com announced that the company has closed its third round of investment.
Suning.com, the e-commerce platform of Chinese electronics retailer Suning, announced that it has invested USD66 million to acquire the Chinese e-commerce website for baby and maternity products Redbaby.com.cn.
Chinese Internet search engine Baidu.com announced last week that it has started business adjustments concerning its Youa platform, and the consumer-to-consumer business of the platform will be closed in one month.
Leyou, one of the biggest domestic suppliers of pregnant women and infant supplies, will formally open its Beijing flagship shop in Wangjing on March 8, 2008.