EBay's online payment subsidiary PayPal is negotiating with the Chinese B2B e-commerce group Alibaba, aiming to introduce its online payment service in China into Alibaba's worldwide site of AliExpress.

Chinese online travel service provider Ctrip.com has announced plans to compensate consumers for online booking price differences.

365anfang.com, a website engaged in providing online transaction security information, has been formally launched in China.

Chinese online hotel booking and airline ticket reservation company Ctrip.com International Ltd. is focusing on more brick and mortar businesses with a new investment in two hotel companies in China.

According to China's Vsens, the wholly-owned customized terminal subsidiary of China Unicom, its new customized 3G smartphone, XT701, made by Motorola, is now ready for sale.

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

The public relations department of Chinese search engine Baidu.com has confirmed to local media that Li Mingyuan, general manager for Baidu.com's Internet shopping branch Baidu Youa, is departing the company for personal reasons.

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 electronics-oriented B2C website 360buy.com has reached an acquisition agreement with Qianxun.com, a Korean-style apparel and accessories Internet shopping website.

Shanda Literature has acquired Readnovel.com, following recent acquisitions of several other Chinese literature websites, including Qidian.com, Hongxiu.com, Jjwxc.net, and Rongshuxia.com.

Days after it was reportedly attacked by Iranian hackers and the company's chief technology officer quit, Chinese search engine Baidu.com has tried to change its wayward momentum with a newly inked joint venture with a Japanese e-commerce website.

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.

Taobao.com, the Internet shopping subsidiary of the Chinese B2B e-commerce group Alibaba, has announced that it has started to deploy authorized offline stores to provide convenience to consumers who cannot shop online in China.

Chinese e-commerce behemoth Alibaba Group is sparring with Yahoo, one of its partners, over statements Yahoo reportedly made last week about Google's hacking situation.

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.