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Etao out to net more customers

The Chinese e-commerce giant Alibaba Group Holding Ltd will provide a marketing budget of 1 billion yuan ($157.3 million) for its online search arm next year, going head-to-head with Baidu…

Lenovo Q2 profit up 88%, beats expectation

Lenovo Group Ltd, the world’s No 2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such…

Expansion plan

TOYS “R” Us Inc, the world’s largest toy chain, has bought a 70 percent stake in its licensed operations in China and southeast Asia as it looks to expand in…

Lashou eyes Nasdaq

CHINA’S leading daily-deals website Lashou Group plans to raise up to US$100 million in an initial public offering on Nasdaq to expand its marketing efforts and delivery systems, according to…

Fair shows cutting-edge technologies

GLOBAL and domestic industrial companies will showcase their latest cutting-edge technologies, including robotics and new energy, at an industry fair in Shanghai. With the theme of “Innovation, transformation and strategic…

Etao.com in bid to become online shopping mecca

ETAO.COM, the online shopping search site of Taobao, said it will join hands with various shopping websites to allow customers to easily compare prices, services, logistics and payment information on…