An online transaction security information website, 365anfang.com, has been formally launched in China.

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.

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.

Taobao.com, the Internet shopping subsidiary of the Chinese B2B e-commerce group Alibaba, has announced the formal launch of Tao1shop.tw in Taiwan.

Bank of China and the Chinese B2B e-commerce group Alibaba have signed a comprehensive strategic cooperative agreement to jointly provide e-commerce value-added services to customers.

Chinese Internet shopping platform Taobao.com has confirmed that the company has set up a subsidiary in Beijing, and Wu Yongming, former general manager for Alimama.com, will be general manager for this new branch.

According to information from Chinese Internet auction website Taobao.com, the website is currently cooperating with local commerce departments around China to fight sales of fake and shoddy products, and users who are found selling fake products in their online shops on Taobao.com will have their accounts permanently disabled.

Chinese Internet auction and e-commerce website Taobao.com has announced that its trade value in 2008 reached CNY99.96 billion, making it one of the largest comprehensive shopping platforms in China.

Chinese third-party Internet payment platform Alipay has announced that it will start to collect a certain proportion of service charges from large-scale trading and the new policy will take effect from January 1, 2009.

Zhejiang Alipay Internet Technology, the online payment subsidiary of e-commerce behemoth Alibaba Group, has announced that its payment website will support Mozilla's Firefox browser, making Alipay one of the first Chinese online payment platforms to fully support non-Microsoft browsers.