China Telecom has signed a memorandum of understanding with the world's leading virtual and cloud infrastructure provider VMware to launch China Telecom's eSurfing mixed cloud services in China.

Because Chinese manufacturers have a poor overseas reputation for creating shoddy goods and the Chinese government has been criticized for not doing enough to halt fake products, Chinese e-commerce giant Alibaba is now trying to cull counterfeit goods from its own websites.

Chinese e-commerce group Alibaba has established a new customer service unit and appointed Dai Shan as chief customer service officer.

ZTE Corporation, Chinese provider of telecom equipment, network solutions and mobile devices, announced that its mobile devices unit will operate as an independent unit of the company led by Executive Vice President of ZTE Zeng Xuezhong.

Alibaba Group's Internet shopping subsidiary Taobao.com has gained a third-party payment license for funds issued by the China Securities Regulatory Commission.

ShopRunner, an American online shopping company and competitor to Amazon, has gained investments of USD206 million in the latest financing round, which is reportedly led by China's Alibaba Group.

China Minsheng Banking Corporation and Alibaba Group have formed a strategic cooperation for the establishment of an open Internet financial platform aiming to serve small and micro enterprises as well as grassroots Chinese consumers.

During its first open platform partner conference, Chinese B2C e-commerce website JD.com published four major support plans, covering technology, logistics, service, and finance.

Chinese B2B e-commerce company Alibaba Group has inked a deal with Chinese Web portal Sina.com for a wide range of cooperation.

Following the recent change of its chief executive officer, Chinese e-commerce group Alibaba has now announced new executive appointments.

Nestle China and Beijing HJsoft reached an agreement for the development of a marketing network map system, aiming to improve Nestle's competitiveness by simplifying its reporting data and optimizing its sales site deployment with this system.

Internet security software provider Qihoo 360 has formally acquired Rizhibao, a SaaS-based online web log analysis platform in China.

Coach, a leading American designer and maker of luxury lifestyle handbags and accessories, has signed a memorandum of understanding with Taobao.com, the Chinese Internet shopping subsidiary of Alibaba Group, to prevent the sale of fake Coach products on this Chinese website.

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.

China Dongxiang has published a report, stating that it will invest USD100 million in the Chinese B2B e-commerce group Alibaba via its wholly-owned subsidiary.