For shops, people click the stars to view their ratings. ( May 2021) ( Learn how and when to remove this template message)Ī good way to investigate a Taobao shop is by clicking the shop's rating icon. Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources in this section. This section needs additional citations for verification. On August 1, 2013, Alibaba launched Weibo for Taobao, which allows users to link Sina Weibo accounts with Taobao accounts. According to Reuters, the deal “should drive more web traffic to Alibaba's Taobao Marketplace”. On 29 April 2013, Alibaba announced an investment of US$586 million in Sina Weibo. In 2012 Taobao began to accept international Visa and MasterCard credit and debit cards. The move was said to be necessary for Taobao to “meet competitive threats that emerged in the past two years during which the Internet and e-commerce landscape has changed dramatically.” In June 2011, Jack Ma, executive chairman and former chief executive officer of Alibaba Group, announced that Taobao would split into three different companies: Taobao Marketplace (a consumer-to-consumer platform), (a business-to consumer platform, then called Taobao Mall), and eTao (a search engine for online shopping). According to the Alibaba Group web site, eTao offers products from Amazon China, Dangdang, Gome, Yihaodian, Nike China and Vancl, as well as Taobao and Tmall. Online shoppers would be able to use the site to compare prices across sellers. In October 2010, Taobao beta-launched eTao as an independent search engine for online shopping to provide and merchant information from a number of major consumer e-commerce websites in China. Its market share grew from 8% to 59% between 20, while eBay China dropped from 79% to 36%. Taobao became mainland China's market leader within two years. It introduced instant messaging for facilitating buyer-seller communication and an escrow-based payment tool: Alipay. To counter eBay's expansion, Taobao offered free listings to sellers. It became a major contender in the Chinese consumer e-commerce market. ĮBay acquired Eachnet, China's online auction leader at the time, for US$180 million. With over 1 billion product listings as of 2016, the combined transaction volume of Taobao Marketplace and reached 3 trillion yuan in 2017. Taobao's popular payment platform is Alibaba's Alipay Taobao users usually read feedback and compare items from multiple shops. Auctions make up a small percentage of transactions, whereas the majority of the products are new merchandise sold at fixed prices. Sellers are able to post goods for sale either through a fixed price or an auction. Its stores usually offer an express delivery service. Taobao Marketplace facilitates consumer-to-consumer retail by providing a platform for small businesses and individual entrepreneurs to open online stores that mainly cater to consumers in Chinese-speaking regions ( Mainland China, Hong Kong, Macau and Taiwan) and abroad, which is made payable by online accounts. was registered on Ap by Alibaba Cloud Computing (Beijing) Co., Ltd. According to Alexa rank, it is the eighth most-visited website globally in 2021. It is headquartered in Hangzhou and is owned by Alibaba. Taobao is a Chinese online shopping platform. "Taobao" in Simplified (top) and Traditional (bottom) Chinese characters
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |