Chinese Electronics Retailer Invests In Online Video Website
Suning Commerce, a part of the Suning electronics retail group, has joined with Legend Holdings' Hony Capital to jointly invest USD420 million in PPTV, a Chinese Internet video website.
Suning Commerce, a part of the Suning electronics retail group, has joined with Legend Holdings' Hony Capital to jointly invest USD420 million in PPTV, a Chinese Internet video website.
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.
Lotte's duty free store has launched the Chinese-language Internet shopping website, providing convenience to the ever-growing Chinese tourists in South Korea.
Chinese B2C e-commerce website Dangdang.com and Alibaba's B2C Internet shopping site Tmall.com have jointly announced that Dangdang.com has opened a flagship store on Tmall.com, selling books and daily commodities.
Beijing Wangluo Tianxia Life Technology Company Limited, which is the integrated company of the Chinese group buying websites Ftuan.com and Gaopeng.com, has completed its latest financing and gained investments of USD40 million.
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.
Chinese e-commerce website Dangdang.com announced the formal launch of a new lifestyle department, which will be responsible for operating services such as mobile phone fee recharges, a group discount platform, and tourism products.
Chinese spirits and alcohol B2C e-commerce website Jiuxian.com announced that the company has gained additional investment of CNY200 million.
A representative from Suning.com, the e-commerce platform of electronics retailer Suning, told local media that their negotiation for the acquisition of Redbaby.com, a Chinese e-commerce website for baby and maternal products, has entered the financial…