Lei Jun, chairman and chief executive officer of Chinese smartphone maker Xiaomi, says the company will invest USD1 billion in the video content industry as it aims to improve content of its TV and TV box products. For content, Lei said they prefer to cooperate with partners in the video content sector and realize joint growth in the area. Lei said the most important thing for ...
Chinese cosmetics B2C e-commerce website Jumei.com has formed a strategic partnership with Beijing Daily Group for logistics, distribution, e-commerce, and big data analysis. Financial terms of the deal were not announced. A representative from Beijing Daily Group said that by integrating duplicated third-party logistics resources, Jumei.com realizes a self-built distribution ...
Chinese Bitcoin exchange website BTCChina has reached a strategic deal with e-commerce providers, including online game service provider Shenzhoufu.com; Internet P2F financial management website Aicaike.com; and maternal and child product retail website Dandanchina.com. According to the agreements, BTCChina will provide Bitcoin payment services to those e-commerce enterprises, which expand ...
The e-commerce company's revenue increased to USD2.74 billion in the quarter ended September 30, 2014, up nearly 54% year on year. Mobile revenue increased by 1,020.2% year on year to USD606 million in the quarter ended September 30, 2014. China retail marketplaces had 307 million annual active buyers in the twelve months ended September 30, 2014, compared to 279 million in the twelve months ...
Alibaba Group's chairman Jack Ma and Apple's chief executive officer Tim Cook jointly announced last week that Alibaba and Apple will work together on payment services. Apple Pay plans to enter the Chinese market via Alipay and become a payment method for Chinese Apple users. But more importantly, Apple will help Alipay to expand into the international market. In the future, ...
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