Posts Tagged ‘online auction’

E-Commerce Fraud Forces Alibaba To Replace Internet Executives In China

The chief executive officer and chief operating officer of Chinese e-commerce behemoth Limited have resigned after the company admitted that about 100 of its own sales people were involved in allowing fraudulent storefronts on its international online marketplace. Alibaba said that members of its senior management knew of a noticeable increase of fraud claims […] Launches E-commerce Rights Protection Platform

Chinese online auction website has launched an e-commerce rights protection platform with the approach of March 15, World Consumer Rights Day.
Consumers can click to access the platform which is set in a prominent position of Taobao’s homepage to make complaints or inquiries about the processing of the complaints when they purchase goods via Taobao. […]

Chinese Internet Shopping Security Alliance To Be Established

Chinese anti-virus solution provider Kingsoft says it will join hands with e-commerce service provider, […]

China Punishes 6330 Phishing Websites

According to Anti-Phishing Alliance of China, as of August 31, 2009, APAC had dealt with up to 6330 online phishing websites in recent months.
APAC mainly focused on two types of phishing websites: fake lucky-draw websites that imitate such famous companies as CCTV and Tencent, and websites that mock webpages of online payment service providers like […] Sentenced For Pirated Internet Sales In China

Beijing Dongcheng District People’s Court has sentenced Chinese online auction website and a Chinese seller surnamed Yang to pay CNY2000 in compensation to China Friendship Publishing Company for the sale of a pirated book on Taobao.
In its petition, CFPC claimed that it was the exclusive owner of the copyright of the book “Daomu Biji […] Accused Of Violating Chinese Consumers’ Internet Rights

Wang Hai, China’s famous consumer rights advocate, has submitted to a 3000-word report to both the Zhejiang Provincial Department for Industry and Commerce and the Consumer Rights and Interests Protection Department of China’s State Administration for Industry and Commerce, accusing Chinese online auction website of infringing on consumers’ rights.
In his report, Wang listed five […] Trade Value Reached CNY99.96 Billion In 2008

Chinese Internet auction and e-commerce website has announced that its trade value in 2008 reached CNY99.96 billion, making it one of the largest comprehensive shopping platforms in China.

China’s E-commerce Scale Increased 20% In 2008

The market research company IDC has published a white paper about China’s e-commerce industry, and it states the trade volume of China’s e-commerce increased by about 20% in the year 2008, forming a big contrast with the macroeconomic downturn. Invest CNY1.36 Billion To Build Taobao City In Hangzhou

Chinese online auction website has started construction of its new headquarters, Taobao City in the Yuhang district of Hangzhou, and the project will cost about CNY1.36 billion. Taobao City is planned as the new office building of, which is a subsidiary of Chinese e-commerce company Alibaba. The construction of the Taobao City will […]

Alipay Starts Collecting Service Fees In China

Chinese third-party Internet payment platform Alipay has announced that it will start to collect a certain proportion of service charges from users with large-scale trading and the new policy will take effect from January 1, 2009.