Ma Huateng, chairman and chief executive officer of Tencent, has announced plans to invest USD1 billion in its independently operated e-commerce holding company.

Taobao.com, the Internet shopping subsidiary of the Chinese e-commerce group Alibaba, has announced that the year 2011 will be a year of openness for Taobao.com, and the company will cultivate third-party developers, enterprises and service providers in various sectors.

The chief executive officer and chief operating officer of Chinese e-commerce behemoth Alibaba.com Limited have resigned after the company admitted that about 100 of its own sales people were involved in allowing fraudulent storefronts on its international online marketplace.

Chinese e-commerce company Alibaba.com has entered into an agreement to acquire Auctiva, a third-party developer of tools for eBay sellers.

Taobao.com, the Chinese Internet shopping website owned by Alibaba Group, and Yahoo Japan, which is held by Japan's Softbank Group, have reached a strategic cooperation deal.

Taobao.com, the Internet auction and shopping website owned by the Chinese B2B e-commerce group Alibaba, has launched a new streamlined homepage.

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 Internet shopping and auction website Taobao.com has formally announced that it will open its statistics to the public for the first time.

Chinese online auction website Taobao.com has launched an e-commerce rights protection platform with the approach of March 15, World Consumer Rights Day.

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.

Chinese online auction website Taobao.com has formally launched a public welfare channel and a public welfare fund account.

Chinese Internet shopping website Taobao.com has announced that it has cooperated with its sister company Alipay.com and Bank of China in the launch of a joint-brand credit card.

Chinese online auction website Taobao.com has announced that Taobao Open Platform will spend CNY10 million to support the winners of its TOP Application Competition.

Taobao.com, the Internet shopping subsidiary of the Chinese business-to-business e-commerce group Alibaba, has announced that it will cooperate with Lenovo, China Telecom, and TCL to launch three types of customized e-commerce mobile phone products, which are expected to be put into the market around the New Year's Day of 2010.

Chinese anti-virus solution provider Kingsoft says it will join hands with e-commerce service provider Taobao.com, online payment provider Alipay, and browser platform Maxthon to launch an online shopping security platform to meet the ever-increasing risks faced by online shoppers.