Non-profit foundation Kearny Alliance has partnered with the Asia Injury Prevention Foundation and B2B media company Global Sources to help save children’s lives by making the Foundation’s…
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What Chinese shoppers are buying online
In a mid-summer issue of Shukan Economist, a Japanese business weekly, Japan-made products on the Chinese Taobao e-commerce rankings were listed like a snapshot, giving revealing insights of Chinese c…
Chinese online game co. launches outsourcing platform
Chinese online game developer and operator Shanda Games has launched a new outsourcing platform, osp.sdo.com:8080, and has started accepting qualification applications from outsourcing vendors.
The ne…
Alibaba encourages Chinese sourcing SMEs with new loan plan
Chinese B2B e-commerce group Alibaba has established a small loan company in China’s Zhejiang province to provide loans below CNY500,000 (USD73,573) to its sourcing and procurement clients in Zh…
China’s Alibaba net profit up 33.8pc in 1Q10
Chinese B2B e-commerce company Alibaba.com has published its financial report for the first quarter of 2010, stating that its registered members, operating revenue and profit saw overall increases.
Al…
Luxury’s new empire in China
The global luxury market shrank by just under 10 percent last year, to USD229 billion. Luxury-goods sales in the US fell by 16 percent, in Europe by 8 percent and in Japan by 10 percent. These losses …
China’s Alibaba eyes Brazil
Chinese B2B e-commerce group Alibaba is cooperating with Ludatrade, a Brazilian company that specializes in e-commerce solutions, marking Alibaba’s formal entry into the Brazilian market.
Timoth…
New Chinese wholesale website gets 6.39m hits on first day
The Chinese B2B e-commerce company Alibaba has announced that its new online wholesale website, 1688.com, was formally launched on 9 March 2010, with traffic reaching 6.39 million hits on the fir…
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Bank card use boosts retail sales in China
Nearly a third of retail sales in China last year were conducted using bank cards as Chinese financial institutions rapidly expanded electronic banking services nationwide.
Their increasing use booste…