Media company and facilitator of trade with Greater China, Global Sources, has signed contracts to purchase additional office space in Shenzhen's Central Business District.

Alibaba.com has announced the launch of a new product called "China TrustPass for Individuals" on its Chinese-language online marketplace.

Alibaba will cooperate with Taiwan e-commerce service provider eDynamics to bring its online payment tool Alipay to the Taiwan market.

China's anti-virus software company Rising has signed an agreement with B2C Internet service provider Taobao.com and the two parties will carry out a range of cooperation to create a safe and reliable online transaction platform for Chinese users.

Long thought dead in China, online payment service provider PayPal says that it will cooperate with China International Travel Service to offer a new payment service on CITS' website.