The Chinese media are reporting that the ex-president, Mr. Su Qiqiang, and CEO, Mr. Lei Chifeng, of 8848 have jointly set up eshangchina.com, a new shopping portal.

The website includes a search engine and 3rd party shopping services. Mr. Su Qiqiang will serve as the president and Mr. Lei Chifeng will serve as the CEO of this new website.

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