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Company History

November 2007

Tootoo.com's search engine obtained copyrights and 2 patents from China, becoming the first Chinese company possessing internally developed intellectual property and patents for B2B search technology.

September 4, 2007

Ninetowns entered into a definitive agreement to acquire a 22.0% equity interest in Hangzhou Tophere Info-Tech Inc. ("Tophere"), a leading Chinese business-to-business ("B2B") food and beverage trade facilitator headquartered in Hangzhou.

May 9, 2007

Ninetowns launched its new business-to-business ("B2B") vertical search platform--tootoo.com, the cornerstone of Ninetowns' new B2B strategy of providing leading-edge, quality-assured vertical search and trade services.

April 9, 2007

Ninetowns acquires Ample Springs/Yaphon, a B2B Search Engine – a new milestone in Ninetowns’ strategic B2B development for rapid market penetration

September 25, 2006

Ninetowns shareholders approved change of the Company name to “Ninetowns Internet Technology Group Company Limited”

September 6, 2006

Ninetowns announced its initial step in executing its business-to-business (B2B) strategy by investing USD5 million into Global Market Group Limited.

May 11, 2005

Ninetowns held press conferences in various major Chinese cities such as Qingdao, Dalian, Hangzhou, Jinan, Tianjin, Tangguo, Shaoxin and Shanghai to introduce its new product “iProcess”.

December 3, 2004

Ninetowns was listed in NASDAQ under the symbol of NINE. As of the date, Ninetowns was the first Chinese software company listed in NASDAQ.