Alibaba.com has signed an acquisition agreement with its parent company Alibaba Group to invest CNY208 million in the acquisition of the business management software division of Alisoft, the wholly-owned software subsidiary of Alibaba Group.

Chinese B2B e-commerce group Alibaba has signed a cooperative agreement with Chengdu Hi-Tech Industrial Development Zone on its new western base project, making Chengdu the first stop for the group's domestic distribution apart from its Zhejiang headquarters.

Alisoft, the software subsidiary of the Chinese B2B e-commerce group Alibaba, has announced that its instant messaging platform, Ali Wangwang, will formally enter China's Internet advertising market.

Alisoft, the software subsidiary of the Chinese B2B e-commerce giant Alibaba Group, has located its largest service center in China in Yuhua Economic Development Zone, Nanjing, Jiangsu province.

Alisoft, the software subsidiary of the Chinese B2B e-commerce giant Alibaba, has announced that the company will initially invest over CNY100 million to set up a cloud computing center in Nanjing, Jiangsu and to invest more in the next few years to promote the e-commerce applications development of Chinese small and medium-sized enterprises.

After merging with Alimama.com, Taobao.com, the auction website of Alibaba Group, has formally announced plans to open its application programming interface platform and third-party developers are able to visit data of Taobao.com through various open interfaces from September 8, 2008.

Alisoft, a subsidiary of Alibaba Group, reportedly plans to cooperate with 20 venture capital companies to invest USD100 million to China's software market and to create 30 listed companies in three years.