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Chinese B2C e-commerce company Moonbasa plans to raise USD 150 mln in an IPO on the Nasdaq Stock Market in late 2011, industry sources recently told Bloomberg News. Read More
Chinese B2C e-commerce site Dangdang (NYSE: DANG) is reportedly in talks to acquire Chinese B2C apparel retailer Guangzhou MOLA Network Technology, which operates Chinese women's undergarment B2C e-commerce site Moonbasa, to pave the way for launching its own apparel labels. Read More