Zhongguancun Online (www.zol.com.cn), the largest IT vertical website in China, celebrated its 10th anniversary on March 25, 2009, and officially announced the launch of e-commerce 2.0 platform, and will invest 100 million RMB in 3 years to promote this new professional e-commerce platform.
Mr. Liu Xiaodong, senior vice president of CBSi (China), mentioned in Beijing recently that it will invest 20 million yuan in the early stage, and a total investment of 100 million yuan in the next three years, to build a set of logistics standards and after-sales specifications of China's professional e-commerce with global manufacturers, and establish a standardized service system. This will mark the transformation of Zhongguancun Online from a pure media network company to an e-commerce service provider.