West China Metropolis Daily, 12/27/10
Li Yizhong, minister of China's Ministry of Industry and Information Technology (MIIT), at a national industry and information technology conference said that this year the number of 3G users in China will exceed 40 mln. Read More...
Shanda Interactive's (Nasdaq: SNDA) Open Platform recently launched "Shanda Connect," a service that provides cooperation solutions to non-gaming online partners. Read More...
Netease Tech, 12/27/10
Chinese B2B e-commerce company Alibaba.com (1688.HK) and sister company Hangzhou-based C2C & B2C e-commerce site Taobao will launch a new e-commerce platform, "Wuming Liangpin," in mid-January 2011. Read More...
Chinese online recruitment site 51job (Nasdaq: JOBS) plans major layoffs at the end of 2010, according to an industry insider, with employees who have spouses or children among the first to be let go. Read More...
Tencent Tech, 12/27/10
Chinese high-end fashion portal Yoka.com is reportedly in discussions to acquire Shanghai-based fashion and cosmetics information and e-commerce platform provider ZdFace, though both firms refuse to comment. Read More...
Shanghai Securities News, 12/25/10
Chengdu-based advertising firm B-Ray Media (600880.SH) today announced it acquired a 100% stake in Shanghai-based mobile game developer Shanghai Chenyan Information Technology from DSTF Holdings. Read More...
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