Fujian New Huadu Supermarket Company Limited has published a report, stating that it plans to invest CNY125 million to acquire the entire stake in four foreign-owned enterprises of E-Mart.

Apple has reportedly agreed to amend its service terms at its App Store website so consumers in Taiwan will enjoy a seven-day unconditional refund policy when buying applications from the App Store.

Taiwan-based cafe and bakery chain 85°C has formally entered Xiamen, Fujian province.

Taiwan-based supermarket retailer Rt-Mart has submitted an initial public offering application to Hong Kong Exchanges and Clearing Limited, aiming to get listed within 2011 and gain USD1 billion for store expansion.

An insider from the Chinese Internet company Tencent has confirmed to the local media that the American collective buying website Groupon will establish a joint venture with Tencent to enter the Chinese market, and the CEO of the new company will be assigned by Tencent.

Information from the 5th Ningxia-Taiwan economy and trade cooperation fair revealed that Master Kong, the renowned brand owned by the Taiwanese Ting Hsin International Group, plans to invest CNY800 million to build a new plant in Yinchuan, capital of Ningxia, in 2011.