| Baidu Launches C2C Platform with Online Payment Tool |
| November 19, 2008 Read More |
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Chinese language Internet search provider Baidu.com (Nasdaq: BIDU) has launched its online shopping and C2C platform - Baidu Youa. The customers, driven to this platform primarily through Baidu’s search engine, will be able to use a Baidu-branded online payment system, BaiFuBao, to make purchases. |
| Japan Post to Open Online Shopping Mall for China |
| August 20, 2008 Read More |
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Japan Post Service Co., a mail delivery unit of Japan Post Holdings Co. will open an online shopping mall site for Chinese consumers and Japanese residents in China. Customers will be able to pay for purchases with credit cards and have their orders sent to China by express mail service. |
| SOFTBANK and Alibaba.com Create Joint Venture in Japan |
| June 3, 2008 Read More |
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Alibaba.com Limited and SOFTBANK Corp. have formed a joint venture company called Alibaba.com Japan. The new company will take over the operation of Alibaba.com’s existing Japanese-language website which connects small and medium enterprises (SMEs) in Japan with buyers and suppliers around the world. SOFTBANK has been a strategic investor in the Alibaba Group for many years. |
| ICBC Partners Online Game Provider for Credit Card |
| May 6, 2008 Read More |
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Industrial and Commercial Bank of China (ICBC) and online game provider NetDragon Websoft Inc. have officially launched a new co-branded, Unionpay standard credit card, the “Peony NetDragon Credit Card”. |
| EC Organization Deploys New Biometric Authentication Device |
| April 22, 2008 Read More |
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China Electronic Commerce Association (CECA), a government-backed organization is deploying a new authentication device, Fujitsu’s PalmSecure PC mouse equipped with a palm vein biometric sensor, using it as the login mechanism for its employees to gain access to their computers. This is the first deployment of palm vein biometric authentication devices in China. |
| China Bans Online Lotteries |
| January 7, 2008 Read More |
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The online sale of lottery tickets has been banned from Jan. 2 by a circular jointly issued by the Ministry of Finance, the Ministry of Civil Affairs and the General Administration of Sports. Telecommunications regulators will punish those caught selling tickets online and violators could face prosecution. |
| China Southern Launches Phone Payment System |
| December 21, 2007 Read More |
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China Southern Airlines, the largest airline in China has launched a new telephone payment system which allow customers to purchase their e-tickets by dialing a number. |
| BOCOG Ticketing Center Halts Domestic Ticket Sales due to Technical Issues |
| November 5, 2007 Read More |
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On October 30 the ticketing center of the Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG) decided to temporarily halt the domestic ticket sales in the second phase because the issue of the communications jam could not be solved in a short time frame. The center will announce new ticketing information on November 5. |
| China Southern Airlines Launches New Global Website with e-Ticketing System |
| September 18, 2007 Read More |
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China Southern Airlines has launched its new global website with an e-ticketing system (http://www.flychinasouthern.com), marking another key step for China Southern to tap the international travel market. |
| Alibaba.com and ICBC Enter SME Financing Cooperation |
| July 26, 2007 Read More |
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B2B marketplace Alibaba.com and the Industrial and Commercial Bank of China (ICBC) have recently signed a strategic cooperation agreement under which they will work together to provide business loans to small and medium-sized enterprises (SMEs) and to build a joint online platform offering services such as online financing, online payments and financial consulting. |
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