Kamis, 03 Maret 2011

Sina Pushing in E-commerce Market with Mecox Lane Deal

SHANGHAI, Mar 03, 2011 (SinoCast Daily Business Beat via COMTEX) --
Sina Corporation (NASDAQ: SINA), one of the most renowned online service providers in China, is trying to make a push in the lucrative e-commerce market with an investment in Mecox Lane Ltd. (Nasdaq: MCOX).


Sina will shore up Mecox Lane in its evolution to an e-commerce company, said Charles Chao, chief executive officer for Sina, noting that Mecox Lane, with a majority of revenue to come from

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