360buy Launches New Homepage & Travel Booking: 360buy.com, the second largest B2C site by transaction volume launched its revamped homepage as well as its hotel booking service. The new homepage (pictured below) seems crowded than before that the texts and pictures took up all the browser space.
The etailer also stealthily launched hotel and flights booking service, tapping into heated travel booking area in China to compete with Taobao Trip, Qunar and Kuxun.
Paixie.net Raising 30 Million in Series A Round?: Paixie.net, a Chinese Zappos reportedly raised US$ 30 million in Series A round of funding, according to people who was briefed on the matter. The company hasn’t commented on the matter yet. Letao claimed raising the same sum in last round while later on unconfirmed rumor said that the real number was only US$ 15 million.
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