The Chinese B2B e-commerce company Alibaba.com has announced that its new online wholesale website, 1688.com, was formally launched on March 9, 2010, and the wholesale traffic reached a whopping 6.39 million people on the first day.

Chinese B2B e-commerce group Alibaba has bought a new domain name, 1688.com, for the launch of its new online wholesale business.

Taobao.com, the online shopping subsidiary of the Chinese B2B e-commerce group Alibaba, has formally launched its Taobao Partner plan, which has attracted over 20 partners.

Beijing-based textiles import and export trading platform, TexSources.com, is offering itself as a more effective alternative to established B2B websites such as Alibaba and Global Sources websites.

Business-to-business media group Global Sources Ltd. says both its revenue and profit have dropped in China as it reported financial results for the third quarter ended September 30, 2009.

Chinese business-to-business e-commerce company Alibaba.com has published its financial report for the third quarter ended September 30, 2009.

Chinese e-commerce giant Alibaba.com has announced that it has officially spun off Alibaba (China) Education Technology Company, informally known as "Ali-Institute", as a subsidiary company of Alibaba.com.

The Bureau of Foreign Trade and Economic Cooperation of Guangzhou Municipality and China International Electronic Commerce Center have jointly launched Guangzhou's first state-level regional e-commerce platform called, simply, "Guangzhou International E-commerce Platform".

Chinese B2B e-commerce company Alibaba has announced that it has set up a partnership with Macau Trade and Investment Promotion Institute to jointly promote the e-commerce business among small and medium-sized enterprises in Macau.

According to reports in local media, 18 co-founders of Chinese B2B e-commerce company Alibaba Group will resign their respective positions to become managing partners of this company.