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Alibaba Plans To Open Physical Banks In China
October 20, 2010Rumors on the Internet revealed that the Chinese B2B e-commerce group Alibaba has set up a commercial bank subsidiary, which has gained the approvals of the People's Bank of China and China Banking Regulatory Commission.
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Taobao.com, Yahoo Japan Reach Strategic Cooperation
May 12, 2010Taobao.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.
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China Mobile's Lab Gains Overseas Adherent
April 7, 2009The Joint Innovation Lab established by China Mobile, Softbank and Vodafone to help accelerate the uptake of innovative mobile technologies on a mass-market scale has a new member: Verizon Wireless.
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Oak Pacific Takes 23.7% Of eLong's Floating Shares
February 19, 2009Chinese social networking service developer Oak Pacific has acquired 23.7% of the floating shares of Nasdaq-listed travel website eLong.com for USD18.5 million and the two sides are considering business cooperation, says CEO of Oak Pacific Joseph Chen.
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Wireless Widgets Top China Mobile's Web 2.0 List
August 29, 2008China Mobile (CHL) has started a semi-secret beta test of its mspaces.net, a Web 2.0 product based on Internet and mobile phone platforms.
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IPTV-Based Video Advertising Network Begins In China
July 23, 2008China Telecom's subsidiary Guangxi Telecom will be using UTStarcom's (UTSI) RollingStream IPTV platform to deploy a new interactive advertising system, making Guangxi Telecom the first service provider in China to deploy IPTV for building-based video advertising.
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SoftBank Includes 10,000 Chinese Companies In Its Supplier List
July 16, 2008According to Japanese media, SoftBank has included 10,000 Chinese companies in its supplier list to expand the e-commerce of the office supplies sector of its subsidiary.
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Alibaba Sets Up JV With Softbank In Japan
May 19, 2008Chinese e-commerce service provider Alibaba has announced plans to finally form a joint venture with Softbank Japan to fully take over the original Japanese language website of Alibaba.
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Xiaonei.com Gains Investment From Softbank
May 5, 2008Chinese Web 2.0 company Oak Pacific Interactive's Xiaonei.com announced on the cusp of the Chinese May 1 Labor Day holiday that its hard work had paid off in the amount of a US$430 million infusion of capital.
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China Mobile Sets Up Innovation Lab With SoftBank And Vodafone
April 28, 2008China Mobile (CHL), SoftBank and Vodafone (VOD) have signed a deal in Beijing to jointly set up an innovation lab to promote the development of mobile Internet services.
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