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.
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.
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.
Ninetowns acquires Ample Springs/Yaphon, a B2B Search Engine – a new milestone in Ninetowns’ strategic B2B development for rapid market penetration
Ninetowns shareholders approved change of the Company name to “Ninetowns Internet Technology Group Company Limited”
Ninetowns announced its initial step in executing its business-to-business (B2B) strategy by investing USD5 million into Global Market Group Limited.
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”.
Ninetowns was listed in NASDAQ under the symbol of NINE. As of the date, Ninetowns was the first Chinese software company listed in NASDAQ.