BEIJING – An average of 48,000 items were transacted every minute in 2010 on Taobao, one of the leading e-commerce platforms in China, according to the statistics released by the company.
BEIJING - Beijing Jingdong Century Trading, the owner of leading Chinese B2C website 360buy.com, has confirmed that its VP for marketing Xu Lei has left the company for “private reasons”.
CHINA In 2009, China overtook the US as the second-largest market for luxury products, and is widely expected to dethrone Japan soon. Meanwhile, according to statistics from Chinese state authorities, the country had 3.84 million internet users by the end of 2009, and the size of its e-commerce market has quadrupled over the past four years.
BEIJING - Alibaba Group announced today that it is planning to build a network of warehouses across China in an attempt to mobilise other partners to create an integrated logistics platform that will help elevate the quality of service to Chinese consumers and allow merchants to meet rapidly growing domestic consumption needs.
GUANGZHOU - CC&E, a leading local agency with offices in Guangzhou and Shanghai, has launched a new company to handle digital business.
BEIJING - Sohu, one of China’s leading internet portals, has teamed up with the country’s top e-commerce company Alibaba by selling 16 per cent of its search engine service Sogou to the latter.
BEIJING - SinoTech Group has launched a new digital agency, Digital Jungle, to help clients establish and execute digital marketing strategies in China.
HONG KONG - Alibaba.com has entered into an agreement to acquire Shenzhen One-Touch Enterprise Service ('One-Touch'), a provider of one-stop services for exporters in China.
SHANGHAI - Mindshare China has made three senior appointments and promotions in response to recently winning both the L'Oreal and Yili media business.
BEIJING - Sina, one of China's largest portal sites, launches its own Groupon-cloned collective buying service today, Sina Tuan, joining what Internet observers already call "the craziest webplay in history."
CANNES - As the world's biggest celebration in creativity in communications kicks off in Cannes, we take a look at the shortlisted entries from the Greater China region for seven of the 12 categories, including Direct, Promo & Activation, PR, Outdoor, Media, Radio and Press.
CANNES - As the world's biggest celebration in creativity in communications kicks off in Cannes, we take a look at the shortlisted entries from the Greater China region for seven of the 12 categories, including Direct, Promo & Activation, PR, Outdoor, Media and Press.
BEIJING - Li Guoqing, CEO of Chinese B2C site Dangdang, has been engaged in an ugly and childish war of words with several anonymous Morgan Stanley employees on Sina Weibo, a twitter-like microblogging service, over the past several days.