Taobao
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Taobao

Taobao
Taobao
Taobao, known as China’s eBay, is the largest e-commerce platform in China operated by the Alibaba Group.  Founded in 2003, Taobao encourages consumer-to-consumer retail and mainly caters to buyers in mainland China, Hong Kong, Macau and Taiwan.
Chairman / President
Daniel Zhang
CEO / Managing Director
Jiang Fan
CFO / Finance Director
Toby Xu
Industry
Conglomerate
Website
taobao.com
Headquarters address
Taobao (China) Software Co., Ltd.,699 Wangshang Road,Binjiang District, Hangzhou,Zhejiang Province, China
Stock Code
NYSE:BABA HKSE:9988
Year founded
2003
last updated:
30 September, 2024
Live streamer Viya Huang Wei sells goods on Taobao in 2019. The Chinese influencer was fined US$210 million in 2021 for tax evasion. Photo: Getty Images
E-commerce

China’s tax authority to demand online influencer, merchant revenue numbers

A newly proposed regulation would require internet platform operators to report revenue information about users.

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Alibaba

Alibaba to sponsor China’s Lunar New Year gala to reach thrifty consumers

Alibaba

Alibaba merges domestic, global e-commerce units amid intensifying competition

E-commerce

Southeast Asia is the new Singles’ Day battleground as lustre fades in China

Promotions from Chinese e-commerce platforms are infiltrating people’s lives across the region, where e-commerce is seeing explosive growth.

A TikTok Shop Singles’ Day ad flashes across a large LED screen in on the streets of Bangkok. Photo: Wency Chen
E-commerce

Alibaba sees Singles’ Day campaign pay off with strong sales in major categories

The top-performing product categories for Alibaba’s Singles’ Day campaign were home appliances, consumer electronics, beauty and apparel.

Alibaba

Alibaba gives sellers a sweeter deal as Singles’ Day switch-up bears fruit

China’s largest e-commerce firm was slipping in the war for consumers’ wallets. Then it reshaped its relationship with merchants.

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Alibaba

Alibaba’s Black Friday alternative hits US with AliExpress Singles’ Day sales

Alibaba’s international e-commerce platform is kicking off Singles’ Day sales in the US on Friday and runs through November 18.

AliExpress is pushing Singles’ Day sales in the US with major promotional events for the first time this year. Photo: Shutterstock
Artificial intelligence

China’s Zhipu AI says its app can operate your smartphone for you

AutoGLM can order coffee, send messages and complete other tasks on smartphones based on voice prompts, according to the Chinese start-up.

Alibaba

Alibaba’s Singles’ Day sales see strong demand for designer toys, pet products

Popular merchandise this year include niche products like Jellycat, a British soft toy brand that is gaining popularity among young Chinese.

E-commerce

Chinese rocket firm is selling tickets to space on Taobao for US$280,000 each

The suborbital trip, scheduled for 2027, will last around 12 minutes with a maximum height of 150 kilometres.

Deep Blue Aerospace conducted a vertical recovery flight test of its Nebula-1 reusable launch vehicle in Ejin Banner, Inner Mongolia, on September 22, 2024. Photo: Handout
E-commerce

Alibaba starts Singles’ Day direct sales, with strong demand for Apple products

The encouraging start to Singles’ Day sales for the country’s largest online retail platforms augurs well for consumer spending on the mainland.

A pedestrian in Shanghai walks by an advertisement promoting Tmall’s Singles’ Day campaign on October 17, 2024. Photo: VCG via Getty Images
E-commerce

Alibaba sees double-digit sales growth for Singles’ Day in Hong Kong

The rosy prediction comes on the back of a US$142-million promotion that waives delivery fees on certain orders for Taobao users in the city.

Alibaba

Alibaba’s new Singles’ Day focus: protecting sellers from price wars

The e-commerce giant aims to root out ‘ineffective involution’ after Beijing warned against a race to the bottom in price and quality.

Alibaba

Alibaba opens walled garden to rival JD.com’s logistics services

China’s tech giants have been breaking down the digital walls between their ecosystems in response to Beijing’s call.

The Alibaba headquarters in Hangzhou, China. Photo: Bloomberg
Alibaba

Alibaba’s Tmall sees surge in foreign brands in September

In the third quarter of this year, the number of brands that opened official stores on Tmall surged by 70 per cent from the previous quarter.

The Alibaba logo seen on its office building in Shenzhen, Guangdong province. Photo: Shutterstock Images
E-commerce

Shopping on Taobao via WeChat: Tencent, Alibaba break digital wall

Users of Tencent’s WeChat can now buy and pay for products sold on Alibaba’s Taobao marketplace without leaving the multipurpose app.

Tencent

Tencent says WeChat payments jump during China’s ‘golden week’

Consumers in China appear to have loosened their purse strings after Beijing announced a slew of heavyweight measures to boost the economy.

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E-commerce

From gold rush to fading dreams: the rise and fall of China’s e-commerce hub

As China’s economy struggles, a rat race in the e-commerce sector has taken a toll on merchants and manufacturers.

China’s e-commerce industry is grappling with the devastating impact of involution. Illustration: Brian Wang
Alibaba

Alibaba waives delivery fees for Hong Kong’s Taobao users in US$142 million plan

Delivery charges on the city’s Taobao users will be waived for certain orders that cost more than US$14 during this fourth quarter.

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Alibaba

Alibaba prepares US$5.7 billion war chest for Singles’ Day merchants

Taobao and Tmall plan to give out 30 billion yuan in consumer vouchers and use 10 billion yuan worth of resources to boost traffic amid e-commerce competition.

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Apple

Apple’s new iPhone 16 already selling at a discount in China

E-commerce platforms are offering price cuts of up to 11% on Apple’s latest smartphones, as Huawei steals the market buzz.

An Apple store in Beijing. Photo: Reuters
Alibaba

Alibaba’s Taobao puts Xiaomi car buyers behind virtual wheel

After an update to Taobao’s app on Apple’s Vision Pro headset, users can test drive Xiaomi’s SU7 virtually before buying it online.

The “boost mode” in the test-drive function on Taobao simulates high-speed driving. Photo: Handout
ByteDance

TikTok’s Chinese sibling emerges as fast-rising e-commerce player

The short-video platform saw gross merchandise value rise by 46 per cent in the year ended July 2024, an executive says.

E-commerce

Alibaba merchants hail WeChat Pay adoption on Taobao and Tmall

Many hope that the move could lure more consumers from rival platforms that already accept a variety of payment methods.

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E-commerce

Alibaba sets up new ‘digital technology’ firm under Taobao and Tmall Group

The new outfit appears to reflect how TTG could pursue further business expansion or sharpen its focus on certain activities.

The new firm, Hangzhou Taobao and Tmall Digital Technology Co, will be involved in a wide range of businesses. Photo: Shutterstock
Hong Kong

Editorial | Step up fight against Hong Kong online scam scourge

Phone scams have steadily increased, with losses nearly doubling in value last year in the city to HK$9.18 billion.

Many Hong Kong victims of online scams were told they were signed up for insurance policies or other services, then pushed to “cancel” the bogus orders by providing bank details and paying “earnest money”. Photo: Shutterstock
Hong Kong economy

Hong Kong home store chain Pricerite and Tom Lee Music shut branches

Pricerite, a major furniture and electrical appliances store, shuts two branches; Tom Lee Music also closes two shops.

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Alibaba

AI makes Alibaba Cloud company’s shining star in June quarter

While Taobao and Tmall missed estimates amid intensifying competition, the tech giant’s cloud growth stood out amid ‘robust demand’ for AI products.

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