Chinese B2C e-commerce website 360buy.com has launched a new pick-up service along subway lines in Beijing, covering 20 stations on Line 5 and Line 10.

Chinese technology company Lenovo Group has signed an agreement with Zhongguancun Software Park to locate its new global headquarters park in the second phase project of the software park in Beijing.

Chinese search engine Baidu.com announced that is plans to make a USD306 million investment in Qunar.com, a Chinese travel search engine.

Earlier this month, Chinese online video website Ku6.com announced it was downsizing staff by up to 20%. But now local media reports state those layoffs are not legal.

Supported by the government of Haidian district, Beijing, China's National Institute for Digital Copyright Research has recently opened in China Technology Exchange Mansion in the western area of Zhongguancun, Haidian district.

According to Beijing Times, Haidian district in Beijing offered CNY13.1 million as employment and social insurance subsidies to eight Chinese companies that have been hit by the global financial crisis.

According to information from Chinese Internet auction website Taobao.com, the website is currently cooperating with local commerce departments around China to fight sales of fake and shoddy products, and users who are found selling fake products in their online shops on Taobao.com will have their accounts permanently disabled.

The Chinese software provider Kingsoft has confirmed that the company has acquired a full, new office building in Beijing for CNY175 million and the company will move to its new office in March 2009.

Having opened 65 stores in Beijing, the Chinese electronics retailer Dazhong, which was recently acquired by Gome, plans to close four unprofitable stores in Beijing as part of an internal network restructuring.

The Beijing government has launched an enhanced Internet cafe monitoring rule which states that people who visit Internet cafes for the first time need to have their picture taken and have their identification cards scanned.

Beijing Jiahua Chuangxin Technology Co., Ltd, a designated distributor of Oracle (ORCL) China, has filed a lawsuit against Oracle China, accusing the company of adopting dual standards in intellectual property rights protection in China.