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Chinese internet giant eyes Yahoo

Chinese internet giant eyes Yahoo

Staff October 13, 2011 0

Yahoo, the troubled internet giant, has emerged as a possible acquisition target of Alibaba, the Chinese internet company which is 40% owned by Yahoo, according to reports. Yahoo: in the sights of China’s Alibaba

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Chinese Social Network Renren Buys Video Sharing Site 56.com For $80 Million

Chinese Social Network Renren Buys Video Sharing Site 56.com For $80 Million

Staff September 27, 2011 0

Chinese social network Renren has purchased China-based video and photo sharing site 56.com.The deal size is around $80 million, according to a release. Founded in 2005, 56.com is a Chinese video sharing site where users can upload, view

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VOGUE Fashion’s Night Out

VOGUE Fashion’s Night Out

Staff September 1, 2011 0

Attention spendthrifts: fashion bible VOGUE magazine’s global after-hours shopping extravaganza hits Shanghai for the first time on Sunday 11 September. Nine Huaihai Lu malls (plus a handful of independent boutiques like THE VILLA) have signed

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Walmart and Yihaodian Seal the Deal, Aim to Work Together

Walmart and Yihaodian Seal the Deal, Aim to Work Together

Staff August 29, 2011 0

Walmart has finally sealed the deal on its investment in Chinese e-commerce siteYiHaoDian.com. We reported on its announcement back in May – but the transaction seems to have taken longer than the expected two months to

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