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Q&A: Dhgate.com Jumps Into China's Growing Business E-commerce Sector
August 10, 2009By ChinaTechNews.com Editorial Team
Despite a worldwide financial crisis, China's e-commerce industry is seeing something of a boom, growing over 120% in 2008 and with rapid growth projected over the next 3-5 years. At the moment, the demand for low prices and high quality is overwhelming, and traditional wholesale channels are losing ground to Internet-based platforms [...] -
China's Alipay Reports Over 200 Million Users
July 8, 2009Chinese online payment platform Alipay has announced that the company has gained over 200 million users, exceeding the world's largest e-commerce payment platform Paypal.
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China's 99bill.com Teams With PayPal To Explore International Payments
February 27, 2009In a move that seems like eBay's subsidiary PayPal might be contemplating a Chinese acquisition, Chinese independent third-party online payment company 99bill.com has signed an agreement with PayPal to jointly improve its international payment efficiency and promote international trade settlement.
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Alipay's User Number Over 100 Million By August 2008
September 24, 2008China's third-party Internet payment platform Alipay has announced that by the end of August 2008, the number of its users has reached over 100 million, making it the second largest payment platform after American-based Paypal, which has over 180 million users in the world.
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