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Cross-border E-commerce Payment Platform PingPong Wins RMB 9-digit Series C

iYiou.com, 9/18/18

Hangzhou-based third-party cross-border payment company Pingpeng Intelligent Technology ("PingPong") recently announced that it has secured RMB 9-digit Series C funding from Sinowisdom Asset Management and other investors. Read More

Rumor: Suning.com to Acquire Newegg China

Ebrun, 3/11/13

According to an informed source, US online electronics retailer Newegg's China operation has been acquired by Chinese consumer electronics and home appliances retailer Suning (002024.SZ) and begun large scale layoffs. Read More

Rumor: Newegg China CEO Resigns

Netease Tech, 8/31/11

Gu Jianxing, CEO of Chinese online retailer Newegg, has reportedly resigned, according to several sources within Newegg who claimed the news has already been announced internally.Read More

ETao Adds Taobao, Alipay Login for Third-Party B2Cs

Tencent Tech, 8/31/11

Etao, Hangzhou-based C2C & B2C e-commerce site Taobao's search engine, recently added a new feature allowing users to make purchases from third-party B2Cs using their Taobao or Alipay accounts. Read More

Alipay Enables Surrogate Payment on B2C Partner Sites

Sina Tech, 3/15/11

Alibaba Group's online payment platform, Alipay, has announced that nearly 100 B2C websites, including Apple China, Dell China, Joyo Amazon, 360Buy, Dangdang (NYSE: DANG), Zbird, Mbaobao, Newegg and Nokia, now allow payment by a surrogate Alipay account holder. Read More

Rumor: Dajiubao Shifts from B2C to E-Commerce Search

China Computer World, 12/16/10

An industry source said today that Dajiubao.com, the B2C site founded by the Hilon Group in November 2007, recently transformed into a comparison shopping search site. Read More

Newegg to Invest USD 70 Mln in New China Operation Base

China Business News, 3/05/10

Executive VP Li Shiji of B2C e-commerce site Newegg says the website will reorganize its national logistics structure in China. Read More

Rumor: China Unicom Blocks Online iPhone Sales

CCTIME, 11/10/09

Several domestic online retailers have reportedly stopped iPhone sales altogether or moved the smartphone from their prominent features to buried listings. Read More

Icson in Talks with VCs, Expands Business

China Business News, 7/09/09

A source inside Icson revealed that the Chinese online B2C consumer electronics retailer is in talks with investment organizations, saying that Sequoia Capital will likely invest USD 10 mln, and China-Singapore Suzhou Industrial Park Ventures possibly investing several mln USD. Read More