Posts Tagged ‘payment’

Taobao.com Gains CNY5 Million Investment From Alibaba

Chinese e-commerce company Alibaba Group says it will invest CNY5 billion over the next five years into its online auction subsidiary Taobao.com.


China Mobile: Wireless Marketing Services Stopped During Olympics

China Mobile (CHL) has sent an internal memo to its partners which outlines the business management organization during the 2008 Beijing Olympic Games.


Rival Cooperation: Alipay Formally Begins Working With Amazon.cn In China

Amazon.cn has announced plans to formally cooperate with Alipay, an online payment provider and sister company of Amazon.cn’s competitor Taobao.com, which is owned by Alibaba.com.


Alipay Enters Australia Through Partnership With Paymate

Alipay, a subsidiary of Alibaba, has announced in Hangzhou the launching of Hai Wai Bao, a new Chinese shopping platform which has been jointly set up between Alipay and Australia’s online payment company Paymate.


China UnionPay Takes Measures To Support Earthquake Reconstruction

Xu Luode, president of China UnionPay, says that China UnionPay will actively fulfill its mission and undertake its corporate social responsibilities by taking effective measures to help people in the earthquake area rebuild their homes.


Alibaba Killer? Chinese Ministries Unveil New B2C Website

Zhengjiaweb.com, a new B2C portal website jointly promoted by China’s Ministry of Science and Technology and Ministry of Commerce, has been formally unveiled.