November 17, 2010 (FinancialWire) (http://www.financialwire.net/) — Subaye, Inc. (NASDAQ: SBAY), an online business services provider in China, said it has acquired the web property Aixi.net and an associated customer list, as well as the finalizing of an execution plan for the development of the customer list, which was completed on November 16.

Subaye said it will attempt to sell its bundled cloud product to all of the small and medium sized businesses who were users of Aixi.net. Through November 15, the company said it has converted 2,017 of the Aixi SMEs.

China-based Subaye is an online business services provider in China engaged in enterprise cloud computing.

Subaye's online business services include business to consumer ecommerce, emanagment solutions, emarketing solutions, eservice solutions and video search engine optimization.

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