Tag Archives: Paipai

News Digest: July 19-21, 2014

The following press releases and media reports about Chinese companies were carried on July 19-21. To view a full article or story, click on the link next to the headline.
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  • Forbes Media Sells Off Most Of Company To HK Investor Group (Chinese article)
  • Paipai Re-launch to Bring JD.com (Nasdaq: JD) Experience to C2C (PRNewswire)
  • SouFun (NYSE: SFUN) Announces 5-Year Plan with a New Flagship Website Fang.com (PRNewswire)
  • SCA And Vinda To Integrate Hygiene Business In China (Businesswire)
  • Giant Interactive (NYSE: GA) Completes $3 Bln Going Private Transaction (PRNewswire)
  • Latest calendar for Q2 earnings reports (Earnings calendar)

News Digest: June 21-23, 2014

The following press releases and media reports about Chinese companies were carried on June 21-23. To view a full article or story, click on the link next to the headline.
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  • US Investors in China Internet Companies Face Risks From VIE Structure (English article)
  • SMS Usage Falls Below 40 Messages Per User Per Month – MIIT (Chinese article)
  • Chinese Company Demands Changes to Paramount’s ‘Transformers’ (English article)
  • Porsche’s China Boss Offers Upbeat Outlook (English article)
  • Autohome (NYSE: ATHM) Launches Car Sales on JD.com (Nasdaq: JD) , Paipai (English article)

Tencent-JD Take Aim At Alibaba In C2C

Paipai waives service fees

The alliance between Tencent (HKEx: 700) and JD.com (Nasdaq: JD) formed earlier this year is quickly revving up to challenge Alibaba’s dominance of China’s C2C e-commerce segment, with word of 2 big new moves in the space. This new alliance immediately challenged Alibaba shortly after its formation, pooling the 2 companies’ resources to create a player with a quarter of the market in the lucrative B2C space that sees major retailers sell their products to consumers online. But Alibaba still has near-complete dominance over the equally lucrative but more fragmented C2C space, sometimes called online auctions, which sees individuals and small merchants sell their products to consumers online.

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JD Challenges Alibaba In C2C, Mobile

JD makes moves at C2C site Paipai

With its new IPO now firmly in the past, e-commerce giant JD.com (Nasdaq: JD) is finally getting back to business as it seeks to challenge industry leader Alibaba. Two of its newest moves in that drive both look quite exciting, and are part of its recent equity tie-up with leading social networking company Tencent (HKEx: 700). One of those has JD making a major personnel move in its underdeveloped C2C e-commerce business that it recently acquired in the Tencent tie-up. The other has JD on the cusp of launching a major new sales channel over Tencent’s wildly popular WeChat mobile messaging service. Read Full Post…