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Online Shop real name system will be implemented since July 1 Online Shop real name system will be implemented since July 1(0)

According to rules, humans who work in online goods trade and related services should submit application to operators of the online trade platform engaged in commodities trading and related services, with name and addressed. Due to the particularity of online trade, the business sector will be using 3 years? time to build a unified national monitoring platform.

Reporters found that, compared with the previous draft, Shop entry qualifications, management of the online shop did not change much. Registered enterprises or individuals to open an online shop should indicate the business license and other information online, but individual opening an online shop should provide the true identity of the name and address information for site inspection, and issuance of personal identification tag on the page, and building profiles periodically verified and updated.

Approach requires that the website to strengthen management for Online Shop, and there are up to 10 obligations. In addition to the inspection on main body, Shop or the site shall not infringe the registered trademark and corporate name right, if the people show the proof of infringement by Online Shop, Web site should take necessary actions on shops in accordance with the Tort Liability Act.
Web site and Online Shop should sign contract (agreement), specifying the rights and responsiblities for both sides in entry and exit, product and service quality assurance, consumer rights protection. Web sites should set up monitoring system, and report to local business sector once find violations, and stop providing platform services.

SAIC person in charge said that as online transactions was not limited by any geographic locations, the old jurisdiction by geographical is difficult to implement, therefore, national unified monitoring on-line transactions will be implemented of integrated national network. Currently, the business sector is developing web monitor information system and platform building in accordance with the requirements of unified organizing information systems and platform, unified organization and development of supervision software, to promote the development of network monitoring information system and platform, and will be using about 3 years to establish a national, and integrating systems , fully functional, up and down linkage of network monitoring information systems and platform.

China Unicom and Alipay jointly launched mobile business office China Unicom and Alipay jointly launched mobile business office(0)

It is reported after the introduction of the business, China Unicom users can log on using mobile phones into operating room, into the “alipay for the phone”, selecting the recharging amount and phone number, and you can enter into a unified payment platform to select Alipay options to confirm payment.

China Unicom told Sina science and technology that users could directly recharge his own phone or another China Unicom phone. The business has two main highlights: first, users can use Alipay to recharge, second, Alipay balance is low, Unicom mobile can be recharged from ICBC, China Construction Bank, China Merchants Bank, China Everbright Bank.

Alipay said the account used by phone to login mobile business office can be used in accordance with Alipay, and the system will automatically detect whether the phone is associated with Alipay, if not binding, the system will automatically do this for the user, so that users can enjoy the convenience of recharging mobile from Internet.

According to Alipay data during May holiday, the amount of prepaid through Alipay has grown twice of that before May, after May holiday, the growth remained to be 100%. Data from Taobao showed the amount of mobile phone recharging in the holiday season also soared. Taobao Homepage recharging center had up to 40% rise with a substantial increase in the total amount of recharge reaching the top-hit record since the business opened. In the areas of distribution, Zhejiang, Shanghai, Beijing, Guangdong preferred recharging online particularly, making up the top amount and times nationally

Alibaba and Softbank Online Trading Platform Alibaba and Softbank Online Trading Platform(0)

The combined C2C online trading platform will have 250 million registered users and 450 million products. It will help Japanese vendors sell their products to Chinese consumers, and Chinese firms will be able to serve Japanese consumers.

“It will be a very important opportunity for small and medium businesses in the two countries to expand distribution channels and online trading will continue to be a very strong contributor to the Asian economy,” said Masayoshi Son, president and chairman of the board of Softbank Corp.

Vendors who aim to sell on the new platform will go through a screening process and will be subject to Customs regulations in the two countries. Buyers may pay extra fees for logistics if they purchase goods from overseas vendors. The companies will release details in early June.

Taobao.com and Yahoo Japan will each launch a new sub-section next month to provide Chinese users with Japanese products and Yahoo Japan’s users will get access to Chinese products on Taobao.com.

Softbank is the controlling shareholder of Yahoo Japan and the second-biggest shareholder of Alibaba Group.

Source : Konaxis

Yahoo Japan China’s Taobao Yahoo Japan China’s Taobao(0)

Yahoo Japan, the country’s No.2 online shopping site operator after Rakuten, wants to close the deal as early as June so that Japanese users can buy Chinese products through Yahoo Japan’s website and vice versa, a company spokesman said on Thursday.

Taobao is a group company of Chinese Internet giant Alibaba, whose investors include Japan’s Softbank. Softbank also has capital ties with Yahoo Japan.

Reuters reported last month that Alibaba was in talks with Softbank to form a tie-up to help merchants from their online marketplaces sell into each other’s markets.

Source : Konaxis

PayPal Challenge Alipay PayPal Challenge Alipay(0)

The partnership will give customers of China UnionPay, a national electronic-payment network, the ability to make Internet purchases from Web sites overseas, said EBay.

PayPal, the world?s largest online-payments processor besides credit-card companies such as Visa Inc., is fighting to establish itself in China, a market with almost 400 million Internet users. Alipay, a unit of Alibaba Group Holding Ltd., has 300 million users, three times as many as PayPal in China.

PayPal also said Wednesday it will double its workforce in the Asia-Pacific region to 2,000 by the end of 2010.

Internet transactions through services such as Alipay more than doubled to 576.6 billion yuan ($84.5 billion) last year and will reach 2.75 trillion yuan in 2013, according to Beijing-based research firm IResearch. Alipay controlled about 50 percent of the market in 2009, compared with about 21 percent for nearest rival Tenpay, offered by Internet company Tencent Holdings Ltd., IResearch said.

China UnionPay, based in Shanghai, was established in 2002 and operates the inter-bank clearing and settlement system in China.

Before today, PayPal offered Chinese consumers and businesses two types of accounts: one that allowed domestic transactions in yuan and a second that permitted purchases abroad through dual-currency credit cards. The new program allows customers with a UnionPay credit or debit card to make overseas purchases.

Source : Konaxis

Alibaba may hand in hand with eBay payment system Alibaba may hand in hand with eBay payment system(0)

eBay’s PayPal was negotiating with Alibaba and trying to make its China online payment services join Alibaba’s global express in China. If agreement is reached, U.S. consumers will be able to send money through PayPal into China, Paypal will also begin a new business in China.

Alibaba said to the “Daily Economic News” that “do not know about the the cooperation details between two sides.”

At the end of last year, Alibaba launched a global express pass (offer one-stop service platform of wholesale prices, secure payment and whole delivery tracking), but the “global express pass” default payment option is alipay platform. Although Alipay is China’s leading online payment platform, it is unknown in the international markets (including the U.S.)

Cao Fei, Yi Guan International analyst said in an interview with “Daily Economic News” that including alipay, Alibaba’s international layout is not satisfactory in the current situation. From this point of view, it is possible to have cooperation with overseas payment system.

In regard to the cooperation in the rumors, Cao Fei believed it was “mutual need”, and to Alibaba payment platform is not an exlusive or sole access, and the system can be used simultaneously by Alipay and Paypal, and when the penetration of Alipay is more extensive, the Alipay users can also replace the paypal users. “

Guo Guangchang Guo Guangchang(0)

This time Ma’s ambitions have been of public opinion support from ?Li Ka-shing” (in other words, the wealthiest people) tycoon Guo Guangchang. Yesterday, at the National People’s Congress, Guo Guangchang, the chairman of the Shanghai Fuxing High-Tech (Group) Co., Ltd., interviewed at the two sessions, expressed his support for Ma to set up Internet banking, in order to find a way to solve the financial difficulties of small businesses.

He said that in the last year’s financial crisis, foreign companies decreased the size, and the private enterprises are still increasing jobs, therefore, showing the responsibility of the private enterprise towards society. They have to further resolve the employment problem, particularly among SMEs. The government needs to increase support for small businesses. There are more than 70% of employment through small business solution, and small businesses will get more in terms of support if that is the key to solving the employment problem.

Guo Guangchang stated that the Government should relax the cultural industries, the financial services industry and other areas of market access and provide financial support for small businesses. He pointed out that the current financial difficulties of small enterprises have been a consensus, major banks for 50 million or less having difficulty to operate on small loans. ?How do I break through this problem?? He considered relying on private enterprise innovation mechanism. Therefore, he expressed support for Ma to set up Internet banking, using Alibaba’s platform, or what that might be called, to resolve viable small business financial methods.

At the National People’s Congress, Zhi-Qing Shao, the deputy of the Shanghai’s Economic and Information Committee, also mentioned in the interview that in order to solve the financing problems of SMEs, the bank can give support to the new form of “network platform, above the banks form”. The reference is very good.
For the Internet banking specific running form, Zhi-Qing Shao thinks it would be through a number of a large network platform. For example, Taobao is a very good electronic platform. It provides a lot of job opportunities.

Alibaba wholesale net was online with 6.39 million people gathered on the first day Alibaba wholesale net was online with 6.39 million people gathered on the first day(0)

According to Alibaba disclosure, homepage wholesale traffic reached 6.39 million, representing a month flow of people of the world’s largest small commodity market- Yiwu Small Commodity City.

The former Alibaba China Station (alibaba.com.cn) was integrated to upgrade to the new “1688 platform,” pointing its sword towards the world’s largest online wholesale market.

After “1688 platform” was in operation, it covers clothing, commodities, metals, machinery, etc. almost more than 6,000 existing enterprise industries, with more than 500,000 credit-pass high-quality suppliers, containing 150 million piece of commodity information, breaking down ” Shopping on Taobao, wholesale on 1688 “e-commerce front end, to achieve coordination with Taobao, Alipay and other companies in e-commerce industry chain.

Alibaba China market senior director- Wu Huating said: “1688 platform targets at the world’s largest online wholesale market, and this platform will help physical plant, the brand owner, and 1 level wholesaler to introduce a large number of buyers, including hundreds of thousands of Taobao shop owners, millions of offline cities shop owners, more of the existing wholesale buyers, to provide a range of trading tools and services.?

Alibaba CEO Wei Zhe, said, “The most worth mentioning is that the 1688 platform will be jointly with authoritative organizations to re-build the Internet integrity and security system, any trade disputes on the 1688 platform can be effectively resolved.”

1688.com 1688.com(0)

It is understood that Alibaba has recently bought shares from investors the stock code domain name 1688.com, 1688.cn, 1688.com.cn to launch the network wholesale business, but 1688.net, 1688.biz these unusal domain name was still in other domain name investors. In addition, the number 1688 followed by a single letter from a to z has been registered by investors.
Some domain name investors said they wanted to take the Alibaba ride, considering introducing similar e-commerce platform or sell to other e-commerce company.

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Alibaba a commencé à proposer des adhésions au niveau des entrées aux fournisseurs chinois appelés ?China Trust Pass Basic? pour 1.688 RMB (247 $) par an, soit près de 40% de moins que le prix de l?adhésion annuelle en Chine.

Jusqu?à maintenant, l?adhésion annuelle pour un package China Trust Pass ? comprenant des services de base comme la vitrine standard, un indice de confiance et un placement prioritaire dans les résultats de recherche ? coûtait 2.800 RMB.

Les changements dans le système des prix reflètent ceux faits durant les 16 derniers mois pour les membres d?honneur.

En novembre 2008, la compagnie a commencé à proposer en Chine un ?pack débutant? pour ses membres d?honneur « Gold Supplier » avec une remise importante. En 2009, cette offre a été étendue à tous les marchés.

Le dernier développement indique que la compagnie considère que sa récente expérience consistant à grignoter des parts de marché avec des prix moins chers a été un succès et qu?elle tente d?ajuster sa stratégie globale pour renouveler le succès.

Les ajustements de l?adhésion Gold Supplier semblent plus étendus que ceux de China Trust Pass étant donné les fais plus élevés de l?adhésion ? le package d?honneur coûte 50.000 RMB, tandis que le pack débutant ne coûte que 19.800 RMB.

Toutefois, les analystes ont déclaré que les derniers changements pourraient altérer le profil financier d?Alibaba à cause de la base d?utilisateurs plus large qui serait affectée.

La compagnie avait 475.422 membres CTP au troisième trimestre de 2009, tandis qu?elle comptait seulement 18.611 fournisseurs Global Gold.

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