Chinese Internet Sourcing Giant Dives Into Rural Areas
China's B2B e-commerce group Alibaba and Shanghai Rural Commercial Bank have reached a comprehensive strategic cooperation agreement to jointly provide services to small- and medium-sized enterprises...
View ArticlePayPal's Internet Payment Deal In China Fizzles Out
PayPal, the third-party Internet payment platform of eBay, has announced that it will terminate its cooperation with AliExpress, the worldwide site of the Chinese B2B e-commerce group Alibaba, from...
View ArticleFormer Alibaba VP Joins Meituan.com As COO
Chinese group buying website Meituan.com announced that Gan Jiawei, former vice president of Alibaba.com, will join the company as its new chief operating officer. Gan joined Alibaba.com in 2000 and he...
View ArticleChinese Internet Users Can Now Source Pre-owned Goods Online
Alipay.com, the third-party Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has launched a new Internet trading platform for second-hand products. Via this new platform, users...
View ArticleAmerican Internet Retailer Adds Courier Fees In China
Amazon.cn, the Chinese branch of the American Internet retailer, has adjusted its delivery standards and will now charge a CNY5 delivery fee for any order under CNY29. Amazon is the latest Internet B2C...
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 ArticleNew Initiative Gives Rural Chinese Opportunity To Buy Goods Online
Alipay.com, the Internet payment subsidiary of Alibaba Group, confirmed that the company has formally established a new rural business unit, aiming to reach non-e-commerce users in third- and...
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 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 ArticleOnline Merchants Gain New PayPal Protections
Online payment provider PayPal is expanding its support to sellers in Asia. On October 11, 2013, PayPal will be launching an expanded seller protection policy in Asia to protect merchants from...
View ArticleWal-Mart Finds Internet Payment Provider In China
U.S.-based Wal-Mart has found a way to hopefully increase sales by tapping into China's growing e-commerce user base. Wal-Mart has signed a deal with online payments provider Alipay, a service of...
View ArticleNet 1 UEPS Takes Hong Kong Company Stake
South Africa-based Net 1 UEPS Technologies Inc. has acquired a 43.88% interest in Transact24 Limited, a specialist Hong Kong-based payment services company. T24's primary business activities include...
View ArticleSending Payments To China Just Got A Little Smoother
The strict capital controls in China are slowly more surmountable as Renminbi payments made from overseas into China gain new channels. U.S.-based digital money transfer provider Xoom Corporation this...
View ArticleHow Can Foreign Buyers Trust Chinese Suppliers?
If you are a company in the United States, how can you trust that the money you send to a Chinese company will result in that company honestly sending you the purchased products? Many foreign...
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
View ArticleNew Initiative Gives Rural Chinese Opportunity To Buy Goods Online
Alipay.com, the Internet payment subsidiary of Alibaba Group, confirmed that the company has formally established a new rural business unit, aiming to reach non-e-commerce
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
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
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,
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