China Seven Star Shopping Limited, a leading television shopping company in China, suffered a big loss of HK$380 million in 2007 and as a result the company now seeks to shift to online video shopping. Read More >

Chinese financial publisher Finet Group says it sees big hopes in the Chinese online gaming sector and has now launched its own foray into that sector. Read More >

eBay Eachnet has announced immediate plans to exempt a series of important fees for users, a move that marks the beginning of the company's shift to a free service pattern. Read More >

Alimama, a new service of Chinese e-commerce provider Alibaba, says it will launch a new online advertisement product in the middle of this month.

According to ccidnet.com, Alimama's new product will rely on up to 400,000 websites and 180,000 blog sites currently served by the company. Though the company has refused to make any comment on the new product, it is believed that the product has been basically shaped and received good feedback from users in a small scale testing. Read More >

Chinese B2B e-commerce website company Alibaba.com announced its financial results for the quarter ended March 31, 2008 and said total revenue increased to RMB680.1 million, an increase of 53.2% year-on-year and 7.2% quarter-on-quarter. Read More >

The official website for Air China has opened its online check-in service in Hong Kong. Read More >

Chinese Web 2.0 company Oak Pacific Interactive's Xiaonei.com announced on the cusp of the Chinese May 1 Labor Day holiday that its hard work had paid off in the amount of a US$430 million infusion of capital. Read More >

According to staff from Beijing Municipal Public Security Bureau, the Chinese word for "Carrefour" has been screened and removed from all the major Chinese search engines. Read More >

CDC Corporation (CHINA) has finally blessed investors with its financial results for the fourth quarter and year-ended December 31, 2007. Read More >

China's Alibaba.com has inked a deal in with Infomedia India Limited to benefit small and medium-size enterprises in India. Read More >

Tudou.com, one of the main online video service providers in China, has announced the completion of the fourth round of its financing and said that it will set up a branch in Chengdu within the year. Read More >

Zhengjiaweb.com, a new B2C portal website jointly promoted by China's Ministry of Science and Technology and Ministry of Commerce, has been formally unveiled. Read More >

Intel (INTC) has signed a strategic memorandum of understanding with Tencent for server and technology cooperation. Read More >

Chinese Internet portal Sohu.com (SOHU) has reported its unaudited financial results for the first quarter ended March 31, 2008, and showed total revenues of US$84.8 million, up 156% year-on-year and 30% quarter-on-quarter. Read More >

Ma Weiying, principal researcher and research area manager for Microsoft (MSFT) Research Asia in Beijing, says that Microsoft has arranged a large team for the development of search engines in China and expects to make some achievements in the field in the coming years. Read More >