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Tencent Holdings Ltd, the world's third-largest Internet firm, aims to be China's Facebook, Twitter and Google, all rolled into one.

While the company's market value has quadrupled to billion over the past two and a half years, its revenue and profit growth are expected to slow over the next few years, forcing the company to rethink its future.
WAL-MART Stores Inc yesterday announced it will set up its global e-commerce China headquarters in Shanghai.

The world's largest retailer signed a memorandum of understanding with the Shanghai Commission of Commerce yesterday. Shanghai Vice Mayor Ai Baojun attended the signing ceremony.

Wal-Mart is now finalizing a site for construction, and will offer more information when operations are r
When Liu Shuwei wrote a post on her micro blog to help a remote village sell walnuts and raise money to build a road before they're harvested in October, she didn't expect all the produce to be snapped up within one month.
INVESTIGATIONS into a woman who flaunted her lavish lifestyle online under the guise of being a Red Cross Commerce general manager has exposed a well-developed underground business selling fake identity verifications to microbloggers.

At the center of the exposure is microblogging site's verification system, which is used to verify users' personal information by platform operator Sin
Ma hopes to attract 100,000 developers and increase collaboration

China's largest Internet company, Tencent Holdings Ltd, will share its 670 million users via a series of open platforms in the hope of creating a 20 billion yuan ( billion) business enjoyed together with partners and third-party developers.
ALIBABA Group yesterday split its e-commerce subsidiary Taobao, China's largest online shopping website, into three divisions to better adapt to market conditions.

Taobao was divided into, focusing on customer-to-customer shopping, ETao, a search site that helps users compare prices from various shopping websites, and Taobao Mall, where branded retailers and distributors sell to cus
Jack Ma, founder and chief executive of Alibaba Group Holding Ltd, said compensation negotiations between the management and Yahoo Inc and Softbank Corp are still going on, and he declined to say when they might be completed.

Last month, Yahoo said it had been blindsided when Alibaba transferred its online payment arm, Co Ltd, to a new company controlled by Ma.
The days when TV commercials were seen as key to successful marketing strategies are long gone, superseded by the Internet and social media, which make traditional advertising obsolete by upending the way it interacts with potential consumers.




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