PayPal may soon set up shop in China
Tweet Paypal, the world’s leading online payment specialist, is looking at entering the Chinese market. According to PayPal’s Asian vice-president Rupert Keeley, the company is aiming to become the first…
Alibaba.com may be taken private
Tweet China’s largest e-commerce company, Alibaba Group,is planning to take Alibaba.com, its Hong Kong-listed unit, private in a move th at could slow the growth of the website. Yahoo! owns…
A guide to China’s internet industry: Retailers
Tweet China’s total e-commerce market is worth a staggering RMB 7 trillion (USD 1.1 trillion) and is growing at 46% a year according to iresearch. It is important to break…
A guide to China’s internet industry: Search
Tweet While most of the world uses internet tools and services developed in California, China has built its own. At first glance the technology leaders in China may seem no…
Jerry Yang, Yahoo! co-founder calls it quits
Tweet It seems that Yahoo’s woes are not yet over. Yahoo! Co-founder Jerry Yang has resigned, the company announced Tuesday. According to a statement released by the company, Yang relinquished…
Chinese online retail sales reached USD 38 billion in 2011
Tweet The size of the online B2C market in China grew by 138% in 2011 to reach RMB 238 billion (USD 38 billion) according to research by Analysys International While…
Alibaba thought to be looking at full takeover of Yahoo
Tweet Alibaba (HKG:1688), China’s leading e-commerce business, is thought to be looking at a full takeover of Yahoo, the international internet portal. Just before Christmas it emerged that US lobbyist…
Alibaba spins off Alipay’s Loyalty Scheme as Jifenbao to boost appeal to other platforms
Tweet China’s e-commerce market is booming and in a bid to tap it, one of the leading third-party online payment platforms Alipay, has spun off its reward points service to…
Tmall.com to use mystery shoppers to fight fake products
Tweet In a spirited campaign to eliminate selling of fake products from its website, Tmall (tmall.com),China’s leading business-to-consumer (B2C) platform has recruited mystery shoppers. The several hundred volunteers engaged in…
Chinese Christmas shopping gives Taobao.com a sales record of USD 676 million
Tweet Christmas promotional activities on China’s top consumer marketplace website, Taobao.com, have yielded 4.3 billion yuan (USD 676 million) in gross merchandise transactions. The Alibaba Group, speaking on Tuesday said…
