Posted by: Cherry Zhang on Mar 24 2010

Business-to-business e-commerce site DHgate.com and Warburg Pincus jointly announced Wednesday that the site has received about RMB 200 million in a third-round investment led by Warburg Pincus, for use in expansion, reports Sina...

Posted by: Cherry Zhang on Mar 24 2010

Business-to-business service provider HC International (8292.HK) recorded turnover of RMB 317.66 million in 2009, up 1.2% year-on-year, the company announced March 23. HC International generated profits of RMB 4.77 million in 2009, up from RMB 2.46 in the year-ago period, the company said...

Posted by: Cherry Zhang on Mar 15 2010

Business-to-business (B2B) e-commerce site DHgate.com recorded total transactions worth RMB 2.5 billion in 2009, compared with RMB 1.4 billion the previous year, Southern Metropolitan News reported quoting DHgate.com CEO Diane Wang...

Posted by: Cherry Zhang on Mar 12 2010

AliExpress, Alibaba.com's (1688.HK) business-to-business platform for international customers, continues to grow and has not run into obstacles, Alibaba.com's PR department said, cnsoftnews.com reports...

Posted by: Cherry Zhang on Mar 11 2010

An unnamed source says that business-to-business e-commerce site Alibaba.com (1688.HK) CEO David Wei has contacted eBay (Nasdaq:EBAY) about using eBay's online payment tool PayPal for AliExpress, a B2B platform for international customers, reports qq.com...

Posted by: Cherry Zhang on Mar 11 2010

Business-to-business (B2B) e-commerce site DHgate.com has completed third-round funding in the amount of tens of millions of US dollars, reports Sina quoting DHgate.com CEO Diane Wang. An unnamed source said that DHgate.com received the investment before Chinese New Year (February 13-19, 2010), and that existing investor Kleiner Perkins Caufield & Byers joined the funding round...

Posted by: Cherry Zhang on Mar 09 2010

Hangzhou-based business-to-business (B2B) e-commerce company Alibaba.com's (1688.HK) wholesale e-commerce site 1688.com recorded visitor traffic of over 6.39 million and transaction volume of 3.06 million products on its first day of operation, March 8, reports Sina...

Posted by: Cherry Zhang on Mar 08 2010

Hangzhou-based business-to-business (B2B) e-commerce site Alibaba.com (1688.HK) launched a wholesale e-commerce site at 1688.com on March 8, pcpop.com reports. The new site shows Alibaba.com's Chinese-language page, DoNews reported the same day.

Alibaba.com plans to spend RMB 100 million advertising the new site, through channels including China Central Television (CCTV), and is also holding promotions with giveaways of RMB 1,688 in cash or mobile phone charge cards, according to the pcpop.com report...

Posted by: Cherry Zhang on Mar 08 2010

Zhejiang Netsun Toocle's (002095.SZ) business-to-consumer e-commerce clothing site Yifu.com has started preparations for an initial public offering (IPO) on Shenzhen's ChiNext board after completing a management buy-out, Zhejiang Metropolis News reported March 8 quoting Yifu.com Chairman Chen Xuejun...

Posted by: Cherry Zhang on Jan 15 2010

Business-to-business (B2B) service provider HC International (8292.HK) revealed that it recorded 310,000 transactions on its B2B e-commerce site hc360.com in 2009, worth a total of more than RMB 30.4 billion, netsun.com reported January 14...

Posted by: Cherry Zhang on Dec 16 2009

Business-to-business (B2B) e-commerce company Alibaba.com (1688.HK) expects its 2010 profits to increase on an annual basis and exceed market expectations, company CEO David Wei told Hong Kong media on Tuesday, reports Sohu...

Posted by: Kiki.yang on Dec 04 2009

Nanjing-based business-to-business e-commerce site Made-in-China.com is eyeing an initial public offering (IPO) on a mainland stock exchange to raise RMB 1.2 billion, ccidnet.com reported December 4. Company Chairman and General Manager Shen Jinhua will hold about 80% equity interest in the company, the report said...

Posted by: Tom Telford on Nov 13 2009

Business-to-business (B2B) service provider HC International (8292.HK) recorded a net loss of RMB 3.56 million in the first nine months of this year, compared with profit of RMB 6.49 million in the same period last year...

Posted by: Cherry Zhang on Nov 04 2009

Alibaba Group plans to release its business-to-consumer (B2C) online mall service Taobao Mall as well as its business-to-business (B2B) e-commerce site Alibaba.com (1688.HK) paid services China TrustPass and Gold Supplier Starter Pack in Taiwan next year, Sina reported quoting Alibaba.com CEO David Wei on November 3...

Posted by: Cherry Zhang on Oct 29 2009

Hangzhou-based business-to-business e-commerce company Alibaba.com (1688.HK) formally set up its educational "Ali-Institute" division on October 28, reports People.com.cn. Ali-Institute will focus on training staff and managers of e-commerce-focused small and medium-sized enterprises, said Alibaba.com CEO David Wei...