Searching for "Taobao Software"
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Beijing-based software firm Shiji Information Technology (002153.SZ) announced today that it has signed a framework agreement with Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) that will see Alibaba acquire a minority stake in Shiji Information Technology's hotel, restaurant, and retail information management systems developer subsidiary Shiji Retail Information Technology. Read More
The Shanghai municipal government has reportedly issued China's first merchant license for online takeout ordering and food delivery to Yiheng Network Technology, operator of Alibaba Group (NYSE: BABA)-backed takeout restaurant brand Hema Waimai and O2O fresh food brand Hema Xiansheng, according to a source familiar with the matter. Read More
Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) has reportedly invested up to USD 150 mln in its subsidiary Taobao (China) Software to develop its O2O fresh food e-commerce brand Hema Xiansheng, according to an investor in the fresh foods industry. Read More