Chinese B2C e-commerce website 360buy.com held the opening ceremony for its Haidian cloud computing research and development base in Yiyuan Cultural and Creative Industrial Zone, Beijing.
Chinese social networking company Renren.com has published its unaudited financial report for the second quarter of 2012, reporting USD3.6 million net operating revenue from its group buying service site Nuomi.com.
Chinese group buying website Ftuan.com announced that its physical company has been renamed from Beijing Kala Interactive Technology Company Limited to Beijing Wangluo Tianxia Life Technology Company Limited, and both Ftuan.com and Gaopeng.com will be…
Chinese electronics and home appliances retailer Gome announced that in response to the Chinese government's energy-saving appliances subsidy policy, the company will launch a CNY1 billion special fund to support the implementation of this policy.
Alibaba Group and its Hong Kong-listed unit Alibaba.com have jointly announced that Alibaba Group has proposed an offer to the board of directors of Alibaba.com to take the company private.
With the opening of additional six stores, Chinese supermarket operator Yonghui Superstores' retail outlets had reached 204 by the end of 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…
According to Statistics Bureau of Guangdong Province, the province realized consumer retail sales of nearly CNY1.3 trillion, a year-on-year increase of 16.1%, from January to August 2011.
Chinese group buying navigation website Tuan800.com has published a report covering statistics for May 2011, stating that Meituan.com ranked first in China with sales of CNY75.2 million.
The People's Bank of China has published a report saying that it has issued licenses for non-financial institutions to operate payment businesses to 27 companies, including Alipay.com.