Kaixin001.com sues rival for millions

Kaixin001.com, known as the "Chinese Facebook", sued Qianxiang Hulian, the former operator of Kaixin.com in Beijing yesterday, alleging copyright infringement and demanding 10 million yuan ($1.5 million) in compensation.

Qianxiang Hulian denied the charge, saying Kaixin.com is now under the control of Qianxiang Wangjing, another subsidiary company of Oak Pacific Interactive Co.

"Before we heard the charge, we had already transferred the operating rights to Qianxiang Wangjing in accordance with group's long-term development goal. We applied in April and got the approval from Beijing Communications Administration in May," Cai Ming, public relations manager of Oak Pacific Interactive Co, told METRO yesterday.