Internet, Business and Marketing in China

NetSun Buys 20% Shares Of Mechnet.com

August 30, 2007 – 9:09:59 | by FourP.org

NetSun Buys 20% Shares Of Mechnet.com

Hangzhou based business-to-business (B2B) website operator Zhejiang NetSun Company Limited (002095.SZ) bought 20% shares of Chinese mechanism knowledge sharing website mechnet.com recently, reports ChinaByte. It is the first case for NetSun recruiting industry website through buying stock shares. Mechnet recorded 540 million Yuan revenues and 63309 corporate members in 2006. NetSun controlled Chinese clothing website efu.com.cn in June 2007.

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