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Rumor: Shanghai Issues First Online Food Delivery Merchant License to Alibaba's Hema

Oriental Morning Post, 3/16/16

The Shanghai municipal government has reportedly issued China's first merchant license for online takeout ordering and food delivery to Yiheng Network Technology, operator of Alibaba Group (NYSE: BABA)-backed takeout restaurant brand Hema Waimai and O2O fresh food brand Hema Xiansheng, according to a source familiar with the matter. Read More

Rumor: Baidu Invests RMB 200 Mln in Online Classifieds Site Baixing

BiaNews, 7/08/15

Chinese internet company Baidu (Nasdaq: BIDU) has invested RMB 200 mln in Shanghai-based Kiqiji Information Technology, operator of online classifieds site Baixing.com, according to recent reports from an industry source. Read More

Online Classifieds Site Baixing Wins USD 100 mln Investment

NetEase Tech, 1/19/15

Shanghai-based Kiqiji Information Technology, operator of online classifieds site Baixing.com, has announced the completion of USD 100 mln in Series D financing. Read More

Baixing Launches Mobile Store Builder Tool

Popoc.com, 7/18/14

Shanghai Kiqiji Information, operator of online classifieds site Baixing.com, recently launched its "Weidian" ("Micro-Store") mobile store builder tool. Read More

Rumor: China to Issue Payment License to Foreign Firm

China Business News, 7/02/13

According to a source close to the matter, the People's Bank of China (PBoC) will soon announce that a "foreign company has been awarded a third-party payment license, but the company will not likely be [eBay's third-party payment platform] PayPal." Read More

Rumor: Tencent, eBay to Launch JV Site

Sootoo, 6/28/13

According to a source close to the matter, Chinese internet and mobile services firm Tencent (0700.HK) and US e-commerce giant eBay have established a joint venture company. Read More

Baixing Reveals Third-Round Funding Details

21st Century Business Herald, 6/14/13

Wang Jianshuo, founder and CEO of Chinese online classifieds site Baixing.com, announced on June 13 that Baixing has received third-round funding. Read More

eBay, Xiu.com Launch eBay Style Platform

Tencent Tech, 11/12/12

eBay and Chinese fashion B2C e-commerce site Xiu.com today launched the eBay Style channel (ebay.xiu.com), which allows Xiu.com users to search, browse, and purchase all products and brands available on the eBay platform. Read More

Xiu.com, eBay Form Partnership

Tencent Tech, 11/01/12

eBay and Chinese fashion B2C e-commerce site Xiu.com announced today that they will work together - but said that details of their partnership would be announced at a November 12 press event. Read More

Rumor: Taobao Bans External Image Linking

Ebrun, 8/10/12

An image storage service provider who requested anonymity revealed today that Hangzhou-based C2C & B2C e-commerce site Taobao plans to tighten restrictions on third-party image storage services as a way of driving merchants to use Taobao's own image storage features. Read More