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China's FDA Forbids Merchants on Tmall Drugstore from Selling OTC Drugs
Yigoonet.com, 5/27/16
Tmall Drugstore, the third-party B2C medicine e-commerce platform operated by Alibaba Group's (NYSE: BABA) healthcare subsidiary Alibaba Health Information Technology (0241.HK), notified merchants on its platform today that they will no longer be allowed to sell over-the-counter (OTC) drugs anywhere in the country, according to a notice sent to Tmall Drugstore by the Hebei provincial branch of the China Food and Drug Administration (CFDA). Read More
Rumor: Alibaba to Secure Loans for Yahoo Stake Buyback
DoNews, 12/16/11
Several major banks are vying to provide Chinese e-commerce conglomerate Alibaba Group with the USD 4 bln in debt financing necessary to help its bid to buy back Yahoo's 40% stake in the company, according to Thomson Reuters. Read More
Rumor: CSRC Requests State Council Ban VIEs
Sina Tech, 9/19/11
Four law firms in mainland China and Hong Kong have told Reuters that the China Securities Regulatory Commission (CSRC) has issued an internal document proposing the State Council prohibit variable-interest entities (VIE). Read More
Rumor: Sina Acquires USD 40 Mln Stake in Tudou
China Venture, 8/17/11
An industry source claims that Chinese internet company Sina (Nasdaq: SINA) has purchased a USD 40 mln stake in online video site Tudou, which is expected to list on the Nasdaq exchange this week. Read More
Google China to Terminate Contract with Ad Resellers
Sina Tech, 10/19/10
Google today announced it will terminate the qualifications of seven authorized ad resellers in China. Read More
SMC Establishes New Media Company
Sina Tech, 9/09/10
On September 8, Chinese media firm Southern Media Corporation (SMC) established a new media company. Read More
Qiyi Expects RMB 100 Mln Ad Revenue Next Year
Netease Tech, 6/01/10
Gong Yu, CEO of Baidu's (Nasdaq: BIDU) online video subsidiary Qiyi, said in a recent interview with Reuters that he expects the company to achieve at least RMB 100 mln in advertising revenues next year, to begin breaking even on a quarterly basis in 2012, and to achieve total profitability in 2013. Read More
Rumor: China Telecom, RIM Discuss Blackberry Handset
Beijing Business Today, 6/24/09
Rumors suggest that China Telecom (NYSE: CHA; 0728.HK) is currently in talks with Canadian handset manufacturer Research In Motion (RIM) that could see RIM's Blackberry handsets, which are already sold in China by China Mobile, gain a second channel, with trial work already underway. Read More
Reuters Buys Stake in ChinaWeb
Sina Tech, 3/19/08
Reuters has purchased a minority stake in Chinese online financial information provider ChinaWeb. Read More
iPhone China Market Entry Faces Obstacles
Sohu IT, 11/15/07
A telecoms executive has told Reuters the media is exaggerating the chances of Apple and China Mobile (NYSE: CHL; 0941.HK) cooperating to bring the iPhone to China. Read More
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