China's 360buy.com to return 3% of book sales to writers

06/15/2011 | ChinaRetailNews.com

Chinese online retailer 360buy.com plans to return 3% of its book sales to the original writers for the next three years. Writers who register and are approved will be paid on a quarterly basis. Liu Qiangdong, chief executive officer at 360buy.com, has also pledged to donate CNY1 million to protect writers' rights and battle copyright infringements.

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