Alipay.com, the third-party Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has launched a new Internet trading platform for second-hand products.

Alipay.com, Alibaba's third-party Internet payment subsidiary, and Newegg.com.cn, the Chinese branch of the U.S.-based Internet electronics and digital products retailer, have reportedly formed a strategic partnership.

Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has reached an agreement with OnCard International to acquire its third-party payment service subsidiary, OnCard Payments.

Chinese B2C e-commerce website 360buy.com has published a notice, stating that its cooperation with Alipay.com, the Internet payment subsidiary of Alibaba Group, expired on August 24, 2011, and the company will now stop the use of payment services at Alipay.com.

PayPal, the third-party Internet payment platform of eBay, has announced that it will terminate its cooperation with AliExpress, the worldwide site of the Chinese B2B e-commerce group Alibaba, from August 3, 2011.

The People's Bank of China has published a report saying that it has issued licenses for non-financial institutions to operate payment businesses to 27 companies, including Alipay.com.

Munich-headquartered Wirecard AG and the Chinese third-party Internet payment platform Alipay.com have signed a cooperation agreement to provide fast and secure payment services to Internet users.

Alipay, the third-party Internet payment subsidiary of Alibaba Group in China, has announced the launch of a new strategy to open its platform to external service providers.

Alipay.com, the Chinese third-party Internet payment platform and a subsidiary of the B2B e-commerce group Alibaba, has launched a joint security and risk control program with major Chinese banks.

Jack Ma, founder, chairman and CEO of China's e-commerce company Alibaba Group, has announced that beginning in 2010 the company will earmark 0.3% of annual revenue to environmental protection, particularly on water and air quality improvement projects.

Chinese third-party Internet payment platform Alipay.com has inked a cooperation deal with the international credit card organization MasterCard, to officially launch payment services with MasterCard in Hong Kong, Macau, and Taiwan.

Chinese online payment provider Alipay is receiving a CNY5 billion cash infusion to help the company expand its e-commerce business.

EBay's online payment subsidiary PayPal is negotiating with the Chinese B2B e-commerce group Alibaba, aiming to introduce its online payment service in China into Alibaba's worldwide site of AliExpress.

365anfang.com, a website engaged in providing online transaction security information, has been formally launched in China.

Chinese B2B e-commerce company Alibaba.com has announced that its new online wholesale website, 1688.com, was formally launched on March 9, 2010, and the wholesale traffic reached a whopping 6.39 million people on the first day.