NetEase's Kaola.com To Invest CNY400 Million To Create Overseas Shopping Festival
NetEase's online overseas shopping platform Kaola.com will spend CNY400 million to launch a November 11 super foreign goods festival.
China Merchants Bank
Chinese Internet Behemoth Plans Retail Banks
Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People's Bank of China and China Banking Regulatory Commission.
Alipay Works To Protect Online Chinese Shoppers
Alipay.com, the Chinese third-party Internet payment platform and a subsidiary of the B2B e-commerce group Alibaba, has launched a joint security and risk control program with major Chinese banks.
China Merchants Bank Plans For More Growth
Offshore software development company VanceInfo Technologies Inc. will deploy an outsourced development center for China Merchants Bank.
Chinese Bank Opens In New York: First Since 1991
China Merchants Bank has opened a branch at 535 Madison Avenue, New York, N.Y. — the first branch opened by a Chinese banking institution since the adoption of Foreign Bank Supervision Enhancement Act of 1991.
China Merchants Bank Launches Travel Credit Card With Mangocity.com
China Merchants Bank and Chinese travel website Mangocity.com have formally launched a joint credit card.
New Credit Card Bill Payment Services Unveiled In China
Chinese third-party electronic payment services provider 99Bill has launched one-stop cross-bank services for credit card bill payment targeting 75 millions credit card holders in China.