Yaodian100.com Going Bankrupt: Yaodian100.com, the self-claimed China’s first online general store is on the verge of going bankrupt, according to industry insiders. The site is currently looking for someone who’s willing to take up the slack, the tipster said.

Founded in 2009, the Shanghai-based etailer received venture funds from Qiming Ventures, Baidu and Intel.

Net-a-Porter Coming to China: British luxury site Net-a-porter is reportedly coming to China by the end of this month through the acquisition of theoutnet.com, a Chinese luxury site. Net-a-Porter is expected to set up a distribution center in Hong Kong next year to serve the Asia-Pacific market.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Ben Jiang

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