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On February 2, Taobao, the largest Internet retail website in China announced the launch of a liability system over online shopping disputes. Taobao promises that as long as trade disputes arise during online purchases at Taobao whereby buyers and sellers can not reach an effective consultation, Taobao will initially pay for the consumers' loss.

Data reveals that in 2009 Taobao was involved in
According to foreign press, Microsoft's Windows 7 accounts for 1 in 10 PCs accessing the Internet today according to figures from Net Applications.

Market share for a new Windows release often peaks on at the weekend, when consumer use is highest, then slumps when the working week begins. Nonetheless, Windows 7 use has been growing quickly.
Internet firm Sohu.com Inc said fourth-quarter profit fell 43 percent, after the spin-off of its online-games unit cut earnings. Fourth-quarter net income declined to $32.3 million, or 76 cents a share, from $56.6 million, or $1.45, a year earlier. Sales rose 12 percent to $135.8 million.
BAIDU Inc yesterday announced it would invest jointly to launch a B2C company with a Japanese e-commerce Website to tap China's robust online spending.

Baidu Inc and Rakuten Inc, the largest e-commerce Website in Japan, will inject US$50 million in the joint venture over the next three years and the portal is expected to start operations in the second half of this year, the company said in a s

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