China Post, Tom Group Launch B2C JV
Tencent Tech, 8/02/10
China Post has formed a partnership with Chinese internet company Tom Group (2383.HK) to jointly launch a B2C JV, Ule.com.cn.
The Ule platform, developed by China Post and Tom, combines online shopping with offline retail. Tom Group's wholly-owned subsidiary Shanghai Tanggou Data Technologies will be responsible for operating the site.
An industry source said the site would launch on August 10. Seven categories of product will be available through the site: brand-name jewelry; handbags, shoes, and hats; personal care products; household goods; food and dietary supplements; mother-care products; and 3C products.
Keywords: Internet retail B2C China Post JV Tom Group 2383.HK e-commerce
Sending
