Shanghai-based e-commerce company Lenian.cn has gained a CNY20 million infusion from an investment management company in Hangzhou, China.

ELL Technologies Limited has entered into an online distribution agreement with China Distance Education Holdings Limited.

Hong Kong-based enterprise software and new media firm CDC Corporation announced financial results for the fourth quarter and year ended December 31, 2009, and stated total revenue in the quarter was USD83.0 million, compared to USD76.6 million in the third quarter of 2009.

According to Sohu.com's IT channel, the Chinese search engine giant Baidu.com will formally launch the professional edition of its new Internet search engine advertising program, Phoenix Nest, on April 20, 2009.

Chinese online auction website Taobao.com has announced plans to join forces with Zhejiang Provincial Department for Industry and Commerce to begin a pilot program for the online sale of healthcare food and products within Zhejiang province.

GE Healthcare in Asia has released Centricity PACS Web Diagnostic, a new Web-based diagnostic viewer that will bring comprehensive detailed patient history to a single patient folder.

Starting June 26, sellers of such special goods such as food and healthcare products must present relevant certificates before they can sell their goods on Internet auction website Taobao.com.

Qiming Venture Partners announced the closing of its second fund, Qiming Venture Partners II, raising US$320M for Chinese investments in the healthcare, technology, media, Internet and consumer sectors.