Groupon Enters China Via GaoPeng.com Investment

Groupon has entered China via its investment in GaoPeng.com, the group-buying site that launched in Beijing and Shanghai yesterday.
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The Alibaba Fraud Case Could Be a Weight on Yahoo

Yahoo, which holds roughly 40% of Alibaba’s Chinese parent, Alibaba Group Holding, had been pining for an IPO of the e-commerce giant’s sister company, Taobao. Now, though, with a fraud probe underway, Yahoo’s chances of cashin…

Alibaba and Microsoft Launch Chinese Search Site

Just a few months after Google exited the Chinese search market, Microsoft and Chinese e-commerce giant Alibaba Group have partnered to launch their own Chinese search site, Etao.
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