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.

Chinese lifestyle information website Ganji.com has launched a new collective buying product, which will first cooperate with Womai.com owned by COFCO Group in providing group buying deals in Beijing.

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.

China Telecom's Beijing branch has opened a flagship store on the Internet shopping website Taobao.com.