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Alibaba shuts down 240,000 online stores selling fake goods in 2017: report
China's e-commerce powerhouse Alibaba shut down 240,000 online stores suspected of selling fake products in 2017, according to a report published by the company.
January18,2018
BYD to buy U.S. firm Jabil's China manufacturing business
China's leading NEV manufacturer BYD said on Monday that its holding subsidiary has inked an acquisition framework agreement with the Singaporean subsidiary of U.S.-based firm Jabil Inc. to buy its manufacturing business in Chinese cities of Wuxi and Chengdu, for 15.8 billion yuan.
August29,2023
Alibaba buys into home improvement business
Alibaba is to pay 5.5 billion yuan ($870 million) to buy a 15 percent stake in Easyhome, a domestic home improvement chain.
February12,2018
E-commerce giant hits out at fakes
E-commerce titan Alibaba Group Holdings Ltd has called for tougher laws, stiffer enforcement, and harsher penalties to crack down on fake products, in the latest attempt to shed its reputation as a haven for selling knockoffs.
March01,2017
U.S. private equity giant to buy online health information firm
U.S. private equity giant KKR agreed to buy WebMD Health Corp in a deal valued at about 2.8 billion U.S. dollars, according to a statement by the company on Monday.
July25,2017
Fake news will not disturb China-Africa friendship: FM spokesperson
China-Africa cooperation and friendship will be advanced to a new level instead of being disrupted by fake news, Foreign Ministry spokesperson Wang Wenbin said Monday.
December22,2020
U.S. private equity giant to buy online health information firm
U.S. private equity giant KKR agreed to buy WebMD Health Corp in a deal valued at about 2.8 billion U.S. dollars, according to a statement by the company on Monday.
July25,2017
Chinese online retailer JD taps into group buying service for energy firms
China's major high-quality coal producer of Shanxi Jincheng Anthracite Coal Mining Group has clinched a group buying agreement with Chinese online retailer JD for a one-stop service of office supplies and manufacturing tools.
May20,2019
Shanghai Pharma buys Cardinal Health China business
China's leading drug maker and distributor, Shanghai Pharmaceuticals Holding Co. Ltd., said Wednesday it will take over Cardinal Health Inc's China business.
November16,2017
Chinese internet giants bet on community group buying business
Chinese Internet giants are aggeragating their investment and business layout in the community group buying market in China on booming opportunities in the sector amid the COVID-19 pandemic, according to a report by Economic Information Daily on Friday.
December04,2020
German government gives tax incentive to businesses to buy e-cars
The tax advantage planned for electric company cars will give e-mobility a boost in Germany, said the Federal Transport Minister, Andreas Scheuer.
August06,2018
China publishes guidelines against antitrust of online business
China's State Administration for Market Regulation (SAMR) on Tuesday published an antitrust guideline aimed to prevent and curb monopolistic trading in online business, reported the Xinhua-run cnstock.com Tuesday.
November11,2020
Across China: Traditional businesses cash in on online influencers
This is an emerging trend as more Chinese small and medium-sized retailers are seeking greater publicity online at affordable prices.
November29,2018
Fake cosmetics worth over 800 mln yuan seized in China
Fifteen suspects have been arrested in east China's Zhejiang Province for producing and selling fake and substandard cosmetics, Zhejiang Police said Wednesday.
February16,2017
China's chain businesses see steady online sales growth: report
Online sales of China's chain stores recorded stable growth in 2021, data from the China Chain Store and Franchise Association showed.
June16,2022
Alibaba sees more online businesses resume work
More online businesses are resuming work on China's e-commerce platform Taobao as the logistics sector continues to warm up, according to a report released by Alibaba on Monday.
February18,2020
E- businesses sign agreement for better online environment
Ten e-commerce enterprises in China, including Alibaba and JD, signed an agreement on Wednesday to be honest in their business dealings, protect customers' information and help build a safe online environment.
October11,2018
China to rachet up crackdown on e-commerce click farms, fake sales
China will increase its crackdown on fraudulent practices in the country's e-commerce sector.
May22,2018
Italgas buys Veolia's Italian water business for 115 million euros and creats a new company called Nepta
Activities in the province of Caserta will also be included in the newco. CEO Paolo Gallo stated that the company's technological expertise enables them to reduce water losses by 15-20%.
October16,2023
China's online retail industry sees new business models
New business models keep emerging and expanding their presence in China's online retail services industry, said an industry report by the China Center for Internet Economy Research.
June12,2019
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