500CCC Making Big Cuts: Chinese B2C pitfalls take two or three or whatever, after Xiu.com’s trimming down Beijing office, 500CCC.com, the Beijing-based 3C vertical was said to be invested by Tencent. When being approached for comment 500CC replied saying it’s undergoing some sort of strategic restructure.

China Ecommerce Attracts $4.69B Last Year: China ecommerce market attracted US$ 4.69 billion (RMB 29.6 billion) through 93 disclosed investments in last year, according to Beijing-based think tank Zero2IPO Group.

360buy Makes Subway Stops Pickup Center: 360buy.com, the Chinese giant B2C site announced today that it ‘turns’ 20 stops on Beijing Subway Line 5 and Line 10 into its pickup center for customers’ convenience.

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Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.