Printer Friendly establishes JV company and opens e-commerce site in China.

M2 EQUITYBITES-September 6, establishes JV company and opens e-commerce site in China(C)2012 M2 COMMUNICATIONS Inc (TOKYO:3325) (, Japanese e-commerce company, revealed on Wednesday that together with Chinese drugstore chain LBX Pharmacy Chain Co Ltd it established the joint venture (JV) company LBX UCOM Co Ltd on 24 August 2012.

Further, the company said that the new company opened an Internet shopping site known as IBALE (URL: selling Chinese and Japanese health-related products to the Chinese market, deploying's e-commerce knowhow and operational efficiency of the LBX pharmacy chain.

Financial details of the JV were not discussed.

((Comments on this story may be sent to>PDSeptember 6, 2012>JNM2 EQUITYBITES.PRICEDATENOT APPLICABLE.DAY

COPYRIGHT 2012 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2012 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Sep 6, 2012
Previous Article:Intellipharmaceutics International Inc meets 2012 development goals with filing of two ANDAs with the US FDA.
Next Article:AMAG Pharmaceuticals Inc wins Swiss Marketing Authorisation for ferumoxytol to treat iron deficiency anemia in adult patients with CKD.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters