Tmall Global, the international branch of Alibaba's Tmall.com, has reached an exclusive strategic deal with South Korea's largest duty free store group the Shilla Duty Free and Thailand's largest duty free store group King Power to commence a global duty free project in China. According to Liu Peng, general manager of Tmall Global, this is an innovation for cross-border e-commerce. By introducing overseas duty free stores to Chinese consumers, ...
Chinese forum aggregation site Daqi.com formally announced its closure. Daqi.com published a notice on its official website which says they terminated the offering of content services with immediate effect. They apologize for inconvenience caused and appreciate the understanding of users. Founded in November 2004, Daqi.com was originally known as ChinaBBS.com and it is one of the earliest media platforms that focused on the ...
Kingsoft Cloud has reached a deal with HP to provide medical, banking, and gaming industry customers with platform and application services based on private and mixed clouds. As both companies have private cloud businesses in China, Zhang Hongjiang, chief executive officer of Kingsoft, said HP has a deep understanding of the Chinese market. When launching cloud services in the country, HP needs a better Chinese partner though, ...
Taiwanese PC maker Asus published its operating revenue statistics for the second quarter of 2015, stating that the company's operating revenue was NTD108.403 billion, which was about CNY21.69 billion, representing a year-on-year increase of 3.05% and a decrease of 3.12% compared with the first quarter of 2015. Meanwhile, Asus revealed that its operating revenue in June 2015 was NTD41.68 billion, a year-on-year increase of 22.91% ...
Who said only Ctrip and eLong ruled the Chinese Internet travel world? LY.com, one of China's many privately-run travel booking websites, announced that they have gained over CNY6 billion new investments from Wanda Culture Industry Group, Tencent Industry Win-Win Fund, and CITIC Capital. As the lead investor, Wanda Culture Industry Group invested CNY3.58 billion in the tourism website. For many years, ...
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