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Article: Alibaba expands into China's B2C market through Taobao.com.
- Article from:
- China Business News
- Article date:
- May 10, 2006
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Alibaba expands into China's B2C market through Taobao.com
Shanghai. May 10. INTERFAX-CHINA - Alibaba.com Corporation, operator of China's largest online marketplace (www.alibaba.com), announced Wednesday its official launch of B2C business through its existing online auction website Taobao.com (www.taobao.com).
Alibaba.com plans to develop a new mode of B2C service by pooling resources from Taobao.com's huge C2C customer base and Alibaba.com's B2B business client base. The company said that it would not collect any charges from this B2C service.
Alibaba.com's new B2C service is different as it is an e-commerce solution and platform, which ...