MasterCard Teams With Chinese Bank For Virtual Payments
China CITIC Bank and MasterCard have signed a memorandum of understanding for strategic cooperation in the virtual payments space within and outside China.
China CITIC Bank and MasterCard have signed a memorandum of understanding for strategic cooperation in the virtual payments space within and outside China.
Chinese e-commerce and online payment behemoth Alibaba Group has signed a memorandum of understanding with MasterCard.
UK-based Net-a-Porter has launched a Chinese-language website, targeting the Asia Pacific market.
Following the launch of its group buying navigation service, Chinese search engine Baidu Inc. has now launched its group buying business T.baidu.com, which is currently only available in Beijing.
Lotte's duty free store has launched the Chinese-language Internet shopping website, providing convenience to the ever-growing Chinese tourists in South Korea.
Suning.com, the e-commerce platform of Chinese electronics and home appliances retailer Suning, revealed that they will launch a new nationwide group discount buying service this week.
China's Ministry of Commerce has drafted the "Network Retailing Management Approach", which will cover more than 40 guidance items surrounding e-commerce activities in China.
Chinese Internet retailer Vancl.com has launched a new site with the independent domain Vancl.vn in Vietnam to further expand into the overseas market.
Chinese third-party Internet payment company 99bill.com announced that it will launch a new brand image and its new brand core value will focus on providing professional and effective liquidity management solutions to enterprises.
The B2C e-commerce website Dangdang.com reportedly plans to launch a new e-book business channel in the second half of December 2011.