The good news is  Yahoo China and Koubei.com (口碑网) are set to receive RMB 300 millions worth of additional fundings from their parent company,  Alibaba group, to develop their local search engine, according to the Sina Tech.

The news was confirmed by Yahoo China Vice President Shen Jianming yesterday. Yet, a dramatic turn happened as Miss Shen Jianming told the local media that she has resigned for personal reasons and depart from the company officially. Aliuser got the news from Beijing-based China TechNews.com.

Yahoo China and Koubei.com (口碑网) joined force together  again in order to develop an organizational and service-related website covering the area of Shanghai, Beijing and Guangzhou. Services on the site will include food, real estate, community services, leisure and culture, health care services, and education.

Miss Shen said her departure was attributed to the change of the company’s business approach. She was assigned to manage Koubei.com in Hangzhou, which was far away from her home town, Beijing.  She submitted her resignation a month ago after a few thoughts.

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Alibaba.com (HKSE 1688)has invitation sent to its users to take part in a talk at the World SME Expo, Hong Kong Convention & Exhibition Centre.

The event will be taken place from 10-12 December, 2008, presenting a possible solution to small-and-medium size companies (SMEs) in the event of weakening economy following the financial tsunami.

Echoed to the event was today’s news cover story of  HK$4 billion funding to support local SMEs through HSBC Holdings (HKSE 0005).  

The Hong Kong largest bank announced its rescue plan of  US $5 billion global fund to increase capital liquidity to SMEs  around the world.  

The loans made in Hong Kong under the global fund are meant to apply to working capital and equipment financing needs. Loans will be allocated on a case- by-case basis, using HSBC’s normal lending criteria. Interest will vary, with high rates charged to risky businesses lacking government loan guarantees, according to HSBC global co-head of commercial banking Margaret Leung Ko May-yee.

Users who are interested in more details about the new Gold Suppliers package can visit Alibaba.com booth. Make an advanced appointment on: 852-22155128.

  • Alibaba.com at the World SME Expo
    Hall 1, Hong Kong Convention & Exhibition Centre
    Booth No. 1H02, 1H04
    10-12 December 2008
    (Free Admission)

 

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Would it be difficult to understand what Alibaba.com (HKSE 1688) can do for you as a supplier? To those who are new to the China eCommerce platform,  they probably have to scratch their heads a few times, make a few circles and clicks before reaching their needs. Aliuser found the internet company has revamped its seller channel – an entry point to get access to a host of major tools for China or overseas suppliers doing business in the etrading platform:

 

Seller Channel Top Banners

Seller Channel Top Banners

 

  • Yearn for promoting products online: Capturing Aliuser’s attention is its big banner at the top whereby suppliers can Get a free company website to promote their products online. Suppliers also can get fast access to its mail box through the Message Center (My Alibaba)“, checking their leads from buyers as soon as they have registered as Alibaba members.

 

Selling Tools

Seller Channel: Selling Tools

 

  • Want to speed up selling process: As a supplier, many of us would like to know what tools can help speed up our selling process. The Selling Tools are fully displayed for quick access. Tools include Display Products, Trade Manager and Join SuperDeals etc 

 

Browse Buying Leads by Category

Seller Channel: Browse Buying Leads by Category

 

  • Need to check out what buyers’ needs: The seller channel allows suppliers to do this by –
  1. Browse Buying Leads by Category
  2. Check the most updated Buying Leads and the most urgently Buying Leads

 

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Following Aliuser‘s report on 13th Nov – Alibaba.com appeals to multi-language users, Alibaba.com (HKSE 1688)continues to make its inroad to other foreign languages – Russian, Italian and French. Users will be able to use and  access Alibaba’s products and services via these languages even though they are not very familiar with English.

Russian Alibaba

Russian Alibaba

Russian Alibaba

Italian Alibaba

Italian Alibaba

Italian Alibaba

French Alibaba

French Alibaba

French Alibaba

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Alibaba (HKSE 1688) will be going to hold its Open Sesame event in Istanbul, Turkey on Decemeber 16th.

Date: Tuesday, 16 December 2008
Time: 3:00pm – 6:00pm (Registration starts at 2:30pm)
Price: FREE with event registration
Venue: Grand Ballroom, The Four Seasons at Sultanahmet
Location: Istanbul, Turkey

For those who are interested in the event, please sign up here.

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