September 28, 2011 By the ZippyCart Content Team Taobao Mall, China’s largest virtual shopping mall, has recently decided to allow 38 smaller online retailers to open stores on its website as part of a new strategy to increase scale and revenue. The Chinese ecommerce solution provides a place for online retailers to set up a [...]
Chinese Luxury Ecommerce Solution Xiu Raises Money
August 19, 2011 By the ZippyCart Content Team Xiu.com, a Chinese ecommerce solution that specializes in luxury goods just announced that it had pulled in 100 million dollars in investor financing from two groups. Warburg Pincus LLC and the China division of Kleiner Perkins Caufield and Byers (previous investors with Xiu who had already put [...]
Alibaba Ecommerce Solution Launching Linux Smartphone
August 10, 2011 By the ZippyCart Content Team In the US, Android the open source OS smartphone/tablet alternative to the extremely closed system that is the Apple iOS. Based on a kernel of the Linux operating system (an open source desktop operating system which is actually being used to write this article), Android may be [...]
Ecommerce Solution Alibaba Rolls Out Smart Phone
August 1, 2011 By the ZippyCart Content Team Alibaba, a Chinese company best known for operating online ecommerce solutions like the consumer marketplace Taobao, has announced that it will be rolling out its own smartphone. The operating system that will power the device has been dubbed “Aliyun.” The OS is based off of using the [...]
Zynga and Cityville Venture to China – Without Facebook!
July 29, 2011 By the ZippyCart Content Team How do you say “Cha-ching!” in Chinese (and in which dialect)? Zynga, whose massively popular social games are a hit on Facebook for computers and mobile devices alike, is launching its hottest game – “Cityville” – in China. Who won’t be there? Facebook. The world’s most popular [...]
Baidu Strikes A Deal With Sony, Warner, And Universal Music Groups
July 20, 2011 By the ZippyCart Content Team Baidu, China’s largest search engine, used to be the portal for just about any website that offered pirated music. After a six year legal battle the waters have finally calmed. The three largest music groups in the world: Sony, Warner, and Universal all joined the fight and [...]
Baidu Will Invest $306M in Travel eCommerce Site Qunar
June 28, 2011 By the ZippyCart Content Team Baidu, China’s largest search engine has officially agreed to invest US $306 million for a majority stake in Qunar.com, an ecommerce solution and search engine for booking hotels, flights, trains, and package travel deals. Baidu CEO Zhuang Chenchao revealed the heavy cash infusion will go towards Qunar’s [...]
Chinese Girl Selling Virginity for An iPhone 4
June 24, 2011 By the ZippyCart Content Team A young Chinese girl recently used Twitter to offer her virginity in exchange for an iPhone 4. According to her Twitter account, the girl’s father refuses to buy her the expensive cell phone, and she’s willing to go to any length to get the latest iPhone. No [...]
Walmart Invests In Yihaodian Ecommerce Solution
May 16, 2011 By the ZippyCart Content Team Walmart announced that it was working with Chinese ecommerce solution Yihaodian to acquire a minority stake in the company. The move represents another step in Walmart’s slow, steady march into China, their continued action within the Chinese ecommerce sphere, and their shoring up position in the world [...]
Apple’s Korean Ecommerce Solution Halts iPad 2 Sales
May 4, 2011 By the ZippyCart Content Team In a fairly shocking move considering their monumental popularity, or an incredibly predictable move considering that same popularity, sales of iPad 2 through their South Korean ecommerce solution and through the top two wireless companies, SK Tel and KT have ceased. The companies all officially apologized for [...]
Group Buying Ecommerce Solution Lashou Raises Funds
April 19, 2011 By the ZippyCart Content Team The leading ecommerce solution in the Chinese group-buying space is definitely Lashou, with 45,000 unique visitors in January 2011. The company recently brought in a whopping 110 million dollars in Series C funding, on top of the 50 million plus dollars that it had already raised since [...]
Gap Inc Expands its Ecommerce Takeover to Japan
March 4, 2011 By the ZippyCart Content Team Gap Inc. is looking to take over the world… of retail, or at least it may seem this way with the string of new stores popping up all over the globe. The San Francisco-based clothing company has launched an aggressive campaign to catch up internationally with its [...]
Exclusively.In Mainstreams Indian Inspired Goods
March 3, 2011 By the ZippyCart Content Team Just when consumers thought flash sites could not be more pleasing to their wallets and purse strings, comes along one with a niche focus. Bring on Exclusively.In, a members-only only flash sales sites, which takes a Gilt-like model to sell Indian-inspired luxury goods including high end clothing, [...]
Levi’s Launches Store on Taobao’s Questionable Marketplace
March 3, 2011 By the ZippyCart Content Team Levi Strauss and Co has joined the mass ecommerce migration to the East and set up shop to sell their legendary denim on China’s largest online retail platform, Taobao, an Alibaba Group subsidiary. The new ecommerce store will offer over 200 Levi’s products and introduce styles that [...]
Groupon China Launches GaoPeng but WITH a Hitch
March 1, 2011 By the ZippyCart Content Team East meets West as Groupon officially brings its daily deals to China through the recent launch of GaoPeng.com. GaoPeng comes as a collaboration joining Groupon with Tencent Holdings Ltd., China’s largest internet company, and Yunfeng Capital, a private equity fund started by ecommerce giant, Alibaba Group. GaoPeng [...]
Alibaba Core Staff Shaken Up After Fraud Investigation
February 22, 2011 By the ZippyCart Content Team Alibaba.com Ltd., China’s largest ecommerce site, announced early Monday that Chief Executive David Wei and Chief Operating Officer Elvis Lee had resigned, after an internal investigation found more than 2,300 sellers on its virtual storefronts committed fraud and some 100 of the company’s sales staff were involved. [...]
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