Taobao is the largest Chinese website for online shopping, operated by Alibaba Group. It is kind of a hybrid of eBay and Amazon, which facilities both B2C and C2C in its transaction platform. Registered sellers can open online retail stores easily on Taobao, and in return they pay listing fees for various features. Different from other C2C or smallB2C, Taobao encourages direct communication between sellers and buyers to ensure satisfactory shopping experience and minimize fraud. In 2011, Taobao's B2C business alone achieved total sales of 100 Billion RMB.
Xinhua Silk Road: Westward Journey cultural carnival & China Tourism Day theme event kicks off ...
It is worthy noting that Lianyungang ranked third in the list of top ten Taobao live streaming e-commerce cities in China released by Alibaba's e-commerce platform Taobao in 2020.
Dead puppies and kittens in crates reveal the dark side of China's mystery box craze
The mystery pet boxes have also turned up on other major online marketplaces, including Alibaba's Taobao. Alibaba did not respond to a request for comment from CNN Business. Most mystery box ads sp
Ant Group searches for direction in a new era of Chinese fintech
However, as the competitive landscape has shifted, where does Ant Group go from here? When Ant Group, then Ant Financial, launched its mobile payment service Alipay in 2004, it was meant to be a co
What's old is new: Brands craving connection with consumers turn to livestreaming
Taobao, a shopping website owned and operated by Alibaba Group, was one of the first platforms in China to crack the code on how to build a solid e-commerce livestream model, she added. Some Chinese
Here's My Top Value Stock to Buy Right Now
Alibaba's e-commerce subsidiaries Taobao (which focuses on consumer-to-consumer sales) and Tmall (which focuses on B2C) use third-party business models. Instead of buying inventory and retailing pro
After Alibaba and Meituan, should Tencent be sweating China's antitrust drive?
Chinese consumers are too familiar with receiving a link on WeChat to a product on Alibaba’s Taobao marketplace—yet clicking on the link will lead to an error, as Tencent has been blocking access to
How Pepsi's latest campaign triumphed with Chinese social media
When users searched for “#white peach oolong Pepsi cola”, the entire page filled with Pepsi’s promotions, including links to directly purchase the product on Taobao. Customers who wanted to find out
Facebook Launches 'Live Shopping Fridays' for Beauty, Fashion
In China, the technical infrastructure is already in place, thanks to giants like Alibaba’s Taobao, Kuaishou, Pinduoduo and Douyin, the ByteDance-owned sibling to TikTok. ByteDance is obviously taki
Global Automotive E-Commerce Market 2021 Analysis by Latest COVID19/CORONA Virus Impact ...
Reports Globe announces the most recent statistical surveying report on Global Automotive E-Commerce Market. This report is prepared in a joint effort with the main top industry specialists and examin
Children's 'red clothes' see sales boost ahead of CPC centennial gala events
The Global Times learnt from shops on China's e-commerce platform Taobao that sales of Red Army clothes of different styles for kids have seen an obvious increase since April and many buyers placed or