Chinese E-commerce Company Adds Finance Chief
Chinese B2C e-commerce website 360buy.com has announced its latest personnel change with the appointment of Chen Shengqiang, former vice president of finance, as its first chief financial officer. Chen...
View ArticleLogistics Changes At Mecox Lane Benefit Chinese Firms
Mecox Lane Limited, operator of the Chinese apparel and accessories e-commerce website M18.com, has announced plans to open its logistics platform and share it with other e-commerce operators in the...
View ArticleAlibaba Takes No Chances With New Risk Officer
Chinese e-commerce group Alibaba will add a chief risk officer to its executive team, and Shao Xiaofeng, former secretary general for Alibaba, will be the first CRO of the group. According to the...
View ArticleChinese Electronics Firm Boosts Business Prospects
Chinese electronics and home appliances company Suning has published its semi-annual performance report for the first half of 2012, stating that its total operating revenue increased by 6.69% compared...
View ArticleWang Exits Amazon In China
Wang Hanhua, president and CEO for Amazon China, will depart the company, and Amazon China will find a replacement as soon as possible. According to Amazon China, the company's vice president will...
View ArticleAmEx's Deal Makes Buying USA Products Easier For Chinese
Chinese Internet company Tencent's online payment service Tenpay and American Express have reached cross-border payment cooperation and the two parties have jointly launched a new virtual payment...
View ArticleLotte Works With Alibaba's Alipay For Korean Services For Traveling Chinese
Lotte's duty free store has launched the Chinese-language Internet shopping website, providing convenience to the ever-growing Chinese tourists in South Korea. According to reports in South Korean...
View ArticleCEO Departs Role In Chinese Internet Sourcing Company
Chinese e-commerce group Alibaba announced that it has appointed Jonathan Lu the new chief executive officer of Alibaba Group, effective May 10, 2013. By then, Jack Ma will resign his position as chief...
View Article51Buy.com Establishes New Logistics Center In China
According to an internal email reportedly sent by Bu Guangqi, chief executive officer of Tencent's e-commerce subsidiary 51buy.com, the company will implement a structural adjustment, aiming at sales...
View ArticleGot Milk? Chinese Can Now Source Dairy From Overseas
Tmall.com, the B2C Internet shopping subsidiary of Alibaba Group, announced that it will cooperate with Danone and Nestle to launch direct sales and delivery of milk powder under six brands of the two...
View ArticleRichemont's B2C Internet Service Comes To China
UK's leading luxury e-commerce operator Net-a-Porter has launched a Chinese-language website, targeting the Asia Pacific market. So far, Net-a-Porter has websites in English, French, German, and...
View ArticleChinese E-commerce Firm Signs Marketing Agreement
Chinese B2C e-commerce website Yihaodian.com and Chinese search engine Baidu have reached an agreement for business cooperation. Based on the cooperation, the two parties will implement in-depth...
View ArticleAlibaba Seeks More International Talent
China's Alibaba Group announced the launch of an intern training plan, aiming to recruit 102 interns around the world and provide one-on-one training by business leaders and executives within the...
View ArticleEMC Jumps Into Chinese E-commerce With Strategic Cooperation
American cloud computing solutions provide EMC reached a strategic cooperation partnership with JD.com, the Chinese e-commerce website formerly known as 360buy.com. EMC recently held its EMC Forum 2013...
View ArticleFortumo Announces Direct Billing Agreements In China
Mobile payments provider Fortumo now has direct carrier billing agreements with China Unicom and China Telecom. Together with an earlier partnership with China Mobile, Fortumo claims to be the first...
View ArticleChinese E-commerce Exporter Faces U.S. Lawsuit For Alleged False Statements
LightInTheBox Holding Company Ltd., which sources and sells Chinese goods to overseas Internet buyers, is facing investor criticism and claims of alleged false and misleading statements. Beijing-based...
View ArticleKKR Buys 10% Stake In Chinese Home Appliance Company
Global investment firm KKR is buying a 10% stake in China-based Qingdao Haier Company Ltd. Qingdao Haier Chairman Liang Haishan said, "By the end of 2012, the company entered the crucial 'online'...
View ArticleBritish Clothing Retailer Expands To Eastern Chinese City
British retailer Marks & Spencer has opened a new Suzhou store, which is the company's first outlet in the city and 16th in China. Located on Guanqian Street, a popular business area in Suzhou, the...
View ArticleHaier Gains Investment For Logistics Development In China
China's leading home appliances manufacturer has inked a deal with China's largest e-commerce service provider for massive logistics expansion in China. China's Alibaba Group and Haier Group jointly...
View ArticleThai Bank Extends SME Business Opportunities Via Alibaba
Alibaba's international site reached a deal with the Thai bank Kasikornbank which will help Kasikornbank introduce its small- and medium-sized enterprise customer resources to Alibaba's international...
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