Oct 24, 2011
Alibaba Cloud Computing ("AliCloud"), the cloud technology subsidiary of Hangzhou-based e-commerce conglomerate Alibaba Group, today announced it is partnering with Chinese private equity firm Yunfeng Capital to establish a RMB 1 bln cloud computing investment fund aimed at supporting developers for AliCloud's cloud platform and mobile OS.
Chinese oil and food import/export firm COFCO's subsidiary and food product B2C website Womai has responded to customer complaints that orders placed since October 8 have still not been delivered, stating that the delay was due to warehouse upgrades, but did not mention any resolution or compensation.
Hangzhou-based DTV and IPTV operator Wasu Digital Television Media Group, in partnership with local cable TV operators, today established Zhejiang provincial cable TV operator Zhejiang Wasu Cable TV Network Co., Ltd. Wasu Digital Television Media Group will be the majority shareholder of the new company, which will consolidate Zhejiang's provincial, city, and county-level cable TV operators.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
Get the free version of Marbridge Daily delivered to your inbox
Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:Click here
Members login here
Search Marbridge Daily