Chinese Internet auction and e-commerce website Taobao.com has announced that its trade value in 2008 reached CNY99.96 billion, making it one of the largest comprehensive shopping platforms in China.

Nortel has announced that Jackson Wu, former president for Nortel Greater China, has retired from his position, replaced by Huang Chenhong and Huang Yanwen, who will be in charge of Nortel Greater China's Operator Department and Corporate Network Department, respectively.

Chinese electronics chain department store Buynow has announced plans to accelerate its deployment plans in 2009 with the company planning to open at least five large IT stores in such cities as Beijing, Shanghai, and Qingdao.

At the China Game Industry Annual Conference 2008, a report on China's game industry for 2008 was released with information that the actual sales within China's online game industry in 2008 was CNY18.38 billion, a year-on-year increase of 76.6%.

Chinese software provider Kingsoft plans to invest CNY1 billion to build a 96,000-square-meter headquarters and research center in Zhuhai, Guangdong province.

China Mobile (CHL) has unveiled its TD-SCDMA network development plan for 2009, which says the company will invest CNY58.8 billion to complete network coverage of 238 prefecture-level cities in China.

The world's leading home appliances maker Electrolux has announced that its president for the China area Li Yan has departed from her position, replaced by Electrolux's president for Asia Pacific Gunilla Nordstrom, who holds a concurrent post.

China Internet Network Information Center has published the latest report on China's Internet development, which states by the end of 2008, the number of Internet users in China had reached 298 million, a year-on-year increase of 41.9%.

The Chinese Web 2.0 company Oak Pacific Interactive has announced the opening of its social networking site Kaixin.com to developers.

Chinese online game developer Giant Interactive Group (GA) has created a program today to incubate developers in China who are focused on creating marketable games.

Chinese Internet gaming firm Shanda (SNDA) today announced a deal with rival Kingsoft regarding JX Online World and JX Online II, two of Kingsoft's in-house developed games.

Shanghai, China (January 13, 2009) /ChinaNewswire.com/ — With the coming Chinese New Year the Radisson Hotel Pudong Century Park continues its tradition of creative art additions during festive events by decorating the hotel exterior with illuminated acrylic lanterns. 365 lanterns will embrace the modern art sculpture at the welcoming entrance to the hotel representing [...]

Microsoft (MSFT) and Guangzhou Digital Media Group have formally launched Zhujiang Digital, a connected TV service powered by the Microsoft Mediaroom IPTV platform.

China TechFaith Wireless Communication Technology Limited (CNTF) has announced the launch of two new CDMA mobile phones, aigo 600C and aigo 800C, for China Telecom's (CHA) new CDMA service brand called Tianyi.

Chinese Internet portal NetEase.com (NTES) has released its 2008 China Internet Communication Report which summarizes the hot topics being searched and discussed on the Internet and Chinese blogosphere.